Green Building Retrofit & Renovation SmartMarket Report - Building a Case for the Benefits of “Green” Construction

Green building has been a hot topic for a while, but new building projects aren’t the only thing getting attention.  In fact, according to the Green Building Retrofit & Renovation SmartMarket Report, only 1.5% - 2.5% of building stock in the U.S. is new each year.  To add to that, green building comprises 5-9% of current building projects and that number is expected to increase to 25% -30% in the next five years.  The report, found here, details data collected from market research and qualitative case studies (there are 20 highlighted in this report) showing the highly positive trend of green building projects, even in the government sector. Green building is growing.  Not only is there increased pressure and regulations to create more sustainable facilities moving forward, but the need to upgrade existing buildings to be more energy efficient is an even hotter topic.  Recent mandates require current government facilities to reduce their energy footprints, water consumption and air quality.  With the government chipping in to do their part, we’re also seeing the positive effect of more jobs created; not to mention the increased need for updated technology and software. The bottom line:  The Green Building Retrofit & Renovation SmartMarket Report is a critical read if you’re looking into the operational and cost saving benefits that the green movement delivers.  If you can’t read the entire report, I would definitely look at page 43 where Robert A. Peck, Commissioner, Public Buildings Service, U.S. General Services Administration (GSA) commented on the greening of government agencies.  He refers to President Obama’s Executive Order that federal agencies become the model for sustainability in the nation. Building green is going to continue, but there is a lot of opportunity and forward momentum out there in the retrofit and renovation commercial and government market.  Read the report to get the full story, here: http://www.greenspotglobal.com/GreenBuildingRetrofit.pdf