It wasn't long ago that builders, architects, and engineers wrote off green building as the fad of the moment-- another momentary trend devised to pacify the growing number of environmentally conscious. These projections regarding the future of sustainable construction couldn't be more wrong.
There has been a wave of change happening in the global design and construction industry, and the results are in for green and sustainable building practices. Data from Research and Markets predicted a 13 percent compound annual growth rate for the green building market from 2015 through 2020, according to Environmental Leader. Likewise, a McGraw Hill Construction Green outlook report projected that between 40 and 48 percent of nonresidential construction that occurs this year will incorporate green building practices.
It's not simply a matter of saying your project is green. Certification involves an inspection to determine that the structure meets guidelines for better/more insulation, more efficient heating and cooling systems, lower energy usage, tighter windows, doors, and building envelope, as well as land planning and landscaping designed to prevent runoff and manage water efficiently.
According to the World Economic Forum, sustainability – of the environment, economy or society – is an attempt to ensure that the way we conduct ourselves today will not impose unfair costs on future generations. The green economy has an important role to play here: it can increase the share of renewable energies in the power sector, improve the efficiency of natural resource consumption and reduce pollution.
Research continues to reinforce that there are endless business advantages for operating a more sustainable building. The Financial Rewards of Sustainability report drafted by the University of Cambridge and the City University of New York demonstrated that the more sustainable a building is, the better it's investment will perform in the long run, both in terms of operational performance and investment risk exposure and volatility.
The value of sustainable building doesn't end there. According to Intelligent Building Today, positive long-term perks associated with sustainable design include better overall stability and property value for owners, along with higher performance on the stock market. This monetary list of benefits will make it easier to sell green building projects on the merits of their cost-effectiveness alone.
As sustainable building specialists, Fasse bldgs. would be happy to discuss building options, home designs, and/or potential efficiency improvements with you. We are also fully licensed contractors with a wide array of experience with start-to-finish sustainable homes, building projects/remodels, and full sustainable modern developments. We will be glad to tailor our services and solutions to meet your specific needs. For more information or to schedule a consultation, call our office at (910) 679-4277.