Spending Some Green For Green Research

The U.S. Green Building Council (USGBC) announced in June it would commit $1 million to green building research. The money will be used to investigate change mitigation, the business practicalities of green building and more.

What does this mean for the property management industry? More options. Maybe the next time you and your contractors are discussing development, green building design will be a major topic of discussion.

No one can really argue against working for the environment, however convincing owners and investors that green design is worth the initial cost can be difficult. The key is convincing project leaders, who focus on staying within budget, that green buildings can, in fact, make the money back over time in energy and other savings. The money committed by the USGBC will help discover just how far green designs can stretch a dollar.

Green buildings also offer the luxury of lifestyle benefits many large cities lose as high-rise buildings go up. Foliage and water often play an intricate part in green practices. The relaxing ambiance of Mother Nature will draw tenants to green living.

The money pledged by the USGBC will help developers in the property management industry move towards more efficient green practices in construction, renovation and operations, which will bring improvement to our health and environment on a larger scale.

Written by Sarah Little, TQA Account Executive

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