Energy, water, and material efficiencies help reduce a building’s operation costs thus increasing its value. Green buildings tend to have better design elements and higher occupancy rates since tenants desire well lit, healthier work spaces. Green buildings also encourage the purchasing of materials from local suppliers which not only helps local economies, but also minimizes pollution since products are transported shorter distances.
Most electricity is derived from fossil fuel sources that are transported great distances and pollute the environment when consumed. Green buildings use less energy, thus they reduce the amount of atmospheric pollution. Soil erosion protection, and alternative uses to pesticides help minimize the amount of pollution that enters rivers, lakes, and oceans.
Benefits for Residents
Reduction in pollution, better indoor air quality, and well constructed buildings improve the health safety and welfare for everyone. People working in green buildings are healthier and more productive.
Benefits for Building Owners & Developers
Despite the fact that they are 2% more expensive to build than standard buildings, green buildings can recoup the return on investment within 6 months to 2 years on average. Studies have shown that occupancy rates are higher in green buildings and with reduced operation costs the net yield is a building possessing greater value.
Growing environmental awareness is driving consumers to look for earth friendly, sustainable alternatives. Marketing and publicity can position building owners to attract consumers from this growing segment.
Building green shows a commitment to environmental principles. Going green allows contractors to relieve the excessive resource extraction caused by a large influx of new building developments.