Most of us know that green buildings are great. They use less energy, are less polluting, get fresher air, recycle water, have green roofs, are healthier for occupants, etc.
Most of us aren't building contractors.
"Last week the Los Angeles City Council unanimously approved of a green building ordinance that promises to cut millions of tons of pollution over the next decade. The law will require new commercial buildings and high-rise residential structures over 50,000 square feet to meet LEED standards, including drought-resistant landscaping, use of recycled materials, and energy efficient heating, cooling, and lighting. This makes LA the latest of 14 US cities that have required private developers to meet greener building practices. These legislative efforts were heralded by several groundbreaking reports released earlier in the month.
The CEC’s study found that “promoting the green design, construction, renovation and operation of buildings could cut North American greenhouse gas emissions that are fueling climate change more deeply, quickly, and cheaply than any other available measure”. The two-year study brought together an international group of architects, developers, sustainability and energy experts, and local and national government representatives to explore the potential and pitfalls in greening our built environment.
Hot on the heels of these findings comes Costar’s report, a brazen testament to the economic viability of LEED and Energy Star buildings versus non-certified structures. The study analyzed roughly 1,300 LEED and Energy star certified buildings (351 million square feet) and compared them to non-green properties similar in size, location, class, tenancy, and age. The findings were incredible: LEED buildings sell for $171 more per square foot, command rent premiums of $11.24 per square foot, and have 3.8% higher occupancy rates. Energy star buildings showed similar stats, selling for $61 more psf, with rent premiums of $2.38 psf and 3.6% higher occupancy rates."
-Mike Chino @ inhabitat
Can't argue with those numbers.
Change the behavior, change the laws. We all win.
This is great news.