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Meeting Market Demands

The growing concern over the environmental impacts associated with green house gas emissions coupled with rising energy costs has lead to greater interest in how commercial offices are built. Buildings which incorporate design and construction strategies to conserve resources, operate efficiently and improve the overall work environment for occupants are now demanded in today’s environmentally focused built environment.

The popularity of these strategies is evident in the surge of sustainable and high performance buildings being constructed. For instance, the number of buildings receiving the USGBC's Leadership in Energy and Environmental Design (LEED) certification nearly doubled from 2006 to 2007. During the same year the number of EPA Energy Star buildings grew by 25%. This growth is expected to continue with McGraw-Hill Construction projecting the value of green building construction to increase to $60 billion by 2010.


The Cost and Return on Investment

    A recent study1 of LEED & Energy Star buildings conducted by the Burnham-Moores Center for Real Estate at San Diego University and The CoStar Group found significant advantages to using these strategies. The study shows an increase in rental & occupancy rates and sale price compared to Non-rated buildings. In another study the GSA2 estimated construction cost for achieving LEED certification to be between a 0.4% savings to a 2.1% premium in new courthouse construction and office building modernization projects.

Meeting the Demand

    There are three key characteristics that should be standard in any well-designed building; they should be sustainable, high performance and relatively cost neutral. A well-designed building includes sustainable features that reduce a buildings impact on the environment during construction, operation, and maintenance. The building should also have high performance features that create a more flexible and accessible workspace while improving the indoor environmental quality for the occupant. Lastly, it needs to be competitive in both first- and life-cycle costs compared to traditional buildings.


    Market Demand =


    The key to creating a building with these characteristics is the practice of Integrated Design. The project team must think holistically, early in the design process. By understanding the relationship between the natural environment and the built environment, advantages are gained so that the resultant whole is greater than the sum of the individual parts. Considering access floors during the design process is critical because they provide both sustainable and high performance benefits in a cost effective solution. Through underfloor service distribution buildings can easily achieve their design goals.

    1Download a copy of the presentation "The Economics of Green" by Dr. Norm Miller.
    2GSA LEED Cost Study, October, 2004
 
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