747 Wing House
The 747 Wing House was built on the site where existing Duquette structures had burned. Some of the materials from the previous building were used as walkways. The use of the existing pad minimized site grading. The foundation used many of the existing concrete retaining walls but they were rebuilt and reinforced as required to meet new code regulations. This greatly reduced the amount of concrete needed to make the foundation and new walls. Because the wings are only supported in four primary places to the ground, the foundation was further minimized. Both main wings are held up entirely by the four large mounts that the engines originally hung from. By designing the weight distribution on the mounts, it allowed for the outside walls of the building to be made of high efficiency self-supporting glass instead of conventional load-bearing wooden walls. This maximizes solar gain for heating and allows the entire building to be opened to the outside. This also keeps it cool in the summers and minimizes the need for artificial light.
Floor loan
A floor loan refers to the minimum amount of money that a lender is willing to lend in order to enable the builder to begin the construction of a building that is to be occupied by tenants. The term is thus closely associated with mortgage and property loans. The rest of the loan's balance (called "holdback") is given to the builder upon the achievement of certain milestones related to the sale or lease of its residential space. For example, a bank may advance 80% of the balance of a property loan to the builder and release the remaining 20% upon the successful construction lease or sale of the building's residential units. This partition of funding means the lower risk for lender.