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View Full Version : The Bottom Line On Green Buildings


Eieio
August 22nd, 2009, 06:42 AM
Those of you who closely follow the green building sector are aware that several weeks ago there was an uproar over LEED decertification and the faulure of LEED certified buildings to perform to their design expectations. If you are a property manager or a developer this failure of buildings to perform and the potential risk of decertification likely has you wondering if building green is truly worth it. A recent article by Environmental Leader reports:

* In the first 3 months of 2009 green buildings which obtained LEED certification enjoyed higher occupancy rates than their traditional counterparts 90.3% vs. 84.7%.
* LEED certified buildings also were able to charge higher rental rates than their traditional counterparts. $38.86 vs. $29.80

What does this mean for you? Well if you are a green building professional, congratulations. Companies across numerous sectors such as architectural, engineering, contracting, and build/design firms are in need of green certified professionals to help them meet the increased demand. Are the higher occupancy rates and higher rents enough to overcome the increased expense of obtaining green certification? Are you or your company obtaining certification or simply building greener buildings? The bottom line on green buildings is that no firm consensus has yet to be reached!

By

By Rich Cartlidge

naptownCr
August 22nd, 2009, 10:18 PM
agreed

The scramble for green has brought out the marketers and the wannabes to the market. There has to be a benchmark that is clearly defined for LEED certification of a building.

Time will work this out.

ChrWright
August 22nd, 2009, 10:37 PM
Property owners are definitely taking note. I think it's very cool to see some of the old school high rises getting efficiency makeovers.

Silvertree
August 22nd, 2009, 10:54 PM
I talked to Michael Anschel when he registered yesterday.
He gave me some links that I will give to Naptown and I am looking forward to some discussions and education in this area soon.

We could be on top of a lot of this by getting some good information on RC.