Boynton Beach recently received national recognition for its green building efforts, winning the title of “Multi-Family Project of the Year” for its Seabourn Cove apartment complex. The award, part of the National Association of Home Builders’ (NAHB) Green Awards, was presented in recognition of Seabourn Cove’s contribution to “Greening the American Dream”. The 23-acre Seabourn Cove complex, with 456 units, is the one of the largest multifamily projects to receive that title; it is also the first in the U.S. to achieve gold level in the Home Innovation NGBS Green Certification Program. Continue reading “Florida Town Recognized for Green Building Endeavors” »
Demand for LEED Certified buildings continues to grow, as building owners and tenants seek to experience the financial and environmental benefits that green buildings offer. For those seeking LEED certification for their building, the first step is choosing which LEED Green Building Rating Systems’ qualifications you will be meeting. The U.S. Green Building Council, which administers LEED Certification, has designated nine separate LEED rating systems, each focusing on a different aspect of the built environment: Continue reading “LEED Green Building Rating Systems” »
New hope and healthy living areas were given to the homeless in Los Angeles with the opening of Step Up on Vine, which will provide permanent supportive housing for the chronically homeless. Monday night President Bill Clinton and Kobe Bryant hosted a private reception to celebrate the unveiling of the Platinum LEED certified building. The building, retrofitted by two non-profit housing developers, Step Up on Second and Hollywood Community Housing Corporation (HCHC), is part of the Step Up in Hollywood campaign to end homelessness by acquiring, developing and operating 200 LEED-certified permanent supportive home units by 2014. Continue reading “Platinum LEED Building Gives the Homeless a New Home” »
Are you interested in constructing or retrofitting a certified “green” building but finding the LEED certification a little steep? Green Globes Certification may be the perfect solution! Green Globes, a web-based program first introduced by The Green Building Initiative (GBI) in the United States in 2004, employs onsite assessment by a third party. Green Globes seeks to advance the environmental performance and sustainability of commercial buildings by offering an affordable alternative to LEED. With total cost for certification coming in around $10,000, it is succeeding.
Unlike LEED, Green Globes has no prerequisites and only a few eligibility requirements. The Green Globes certification system assesses environmental impacts on a 1,000 point scale in multiple categories: energy, water, resources, emissions, indoor environment, project management, and site impact. Buildings that achieve 35% or more of the possible 1,000 points are eligible to seek a certification of one to four Green Globes. Third-party assessors with expertise in green building design, engineering, construction and facility operations review documentation and conduct on-site building tours during the assessment process. Continue reading “Green Globe Certification vs. LEED” »
The U.S. green building market is continuing to grow, according to McGraw-Hill Construction’s 2013 Dodge Construction Green Outlook report. The value of green building has been steadily rising, growing from $10 billion in 2005 to $78 billion in 2011. The total market, residential and non-residential, is expected to be worth $85 billion in 2012; by 2013, it is projected that overall new green building will rise to between $98 billion and $106 billion. Estimates predict green building will reach $204 billion to $248 billion by 2016.
Green building is on the rise; it is expected to represent 44 percent of all commercial and institutional construction by 2012, growing to 55 percent by 2016. Residential green construction is also growing; by the end of 2012, green construction is expected to make up 20 percent of the market. Based on the current single-family residential construction forecast, the market share is predicted to grow to 22-25 percent in 2013, resulting in a $34-$38 billion opportunity. This share by value is expected to increase to 29-38 percent by 2016- an estimated $89-$116 billion value.
“We’re seeing tremendous growth in green building, providing a bright light in an otherwise uncertain economy,” said Harvey M. Bernstein, vice president, Industry Insights and Alliances for McGraw-Hill Construction. “Not only does this mean a strong outlook for green building, but also the benefits that go along with that: more jobs, greater financial benefits from green and high performance buildings, stronger competitive positioning for those firms that build green, and healthier work and learning environments for our population.”
The report also found that one of the key forces driving corporations to implement some green efforts is the public’s demand for greener buildings. 81 percent of executive leaders in corporate America believe the public expects them to engage in sustainability. This has resulted in action- 30 percent of senior executive officers report that they are greening two-thirds of the buildings in their portfolio, and 47 percent are expecting to do so by 2015.
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