Since World Green Building Council is a non-profit organization non-profit organization that promotes sustainability in the design, green construction and operation of buildings worldwide. It is part of a global movement of people from many different backgrounds, cultures, nationalities and industries (94 countries) whose Engagement is not just the study of building buildings ecological, clean and sustainable, but also to investigate sustainable cities and communities that make up a world sustainable.
In this case we want to present the Report “The Business Case for Green Building: A Review of the Cost and Benefits for Developers, Investors and Occupants” whose translation we could define as; “The Business Case for Constructions Greens: A Review of the Costs and Benefits for Developers, Investors and Residents”
Research shows that there are a large number of of unquestionable benefits when developing projects of green construction, which favor the different stakeholders during the life cycle of a building. Still, a topic that continues to cause controversy is whether it is possible to add value financing to the benefits of developing constructions green, which represents a crucial piece of information for the community of real estate lenders and investors.
The report focuses on the investigation of the business costs and benefits of construction sustainable in five key categories that we want to present and analyze:
Content menu:
What are the construction costs? … Research shows that constructions green ones are not necessarily more expensive , especially if from the beginning they are integrated into the process of development of economic strategies, an adequate program management and environmental strategies.
While there may be an additional cost associated, in Compared to conventional building projects, the surcharge is generally not as high as one tends to think in the industry.
The image shows the increase in the percentage of the actual costs of construction in the case of projects with LEED certification , which reflects a gradual trend toward cost reduction additional over time. This situation is not too surprising, since the construction industry has been steadily improving its ability to develop green buildings, and supply chains at the are also maturing, which translates into lower costs and an efficient development in the prices of buildings .
As investors and residents understand the importance of the environmental and social impacts of ecological constructions , increase the possibilities before a commercialization of the greener buildings.
Studies conducted around the world show that green buildings attract more renters and drive up rental prices and sale. In those markets where this type of building is has become more common, the so-called “brown discounts”, which target buildings with less sustainable features, which are ultimately leased or they sell at a lower price.
Evidence collected in the United States and Australia reveals that
The green constructions have demonstrated that money can be saved by reducing consumption of electricity and water and with operational costs and lower maintenance in the long run. the saving of these projects generally exceeds any additional cost of design and construction, and the investment is recovers in a reasonably short period.
To reach the projected profit, the High-performance green construction should be backed by a powerful authorization or commissioning service, an affective administration and a continuous collaboration between owners and residents.
Studies indicate that ecological attributes in the design of buildings and interior environments can improve the productivity, health and well-being of employees workers, which translates into real benefits for the companies.
Despite the evidence that exists in relation to its positive impact, a higher quality of environments has not been prioritized interiors in terms of design and construction, and its main cause are still financial reasons.
Although more studies are needed, it is clear that Investing more in indoor environments can generate higher profits thanks to one of the main assets of all companies; your employees.
Risks regarding regulations have become increasingly clearer in many countries and cities around the world, and Among the most common are mandatory disclosure, building codes and laws that prohibit buildings inefficient.
Extreme weather events and systematic changes in weather patterns affect the insurability of the real estate and cast doubt on the resistance of the assets. Changing tenant preferences and investor risk assessments can be translate into a higher risk of obsolescence for buildings inefficient.
Although there is undoubtedly a large number of variety of examples of green buildings we want to show some example that stands out for its forcefulness. From the office building more development, the Bullitt Center, show us the capabilities from the building to the detail with different assessment tools, we can see information in the article the most sustainable office of the world.
A point to highlight are the methods and techniques of the green construction which therefore implies delving into the bioclimatic world, from the article construction of bioclimatic houses we can see 38 technical sheets that reviews the construction methods of the work from the foundation to the deck, an example:
We must bear in mind that the intensification of concept of green buildings make our neighborhoods and cities in greener spaces, we tend to prioritize large-scale economic initiatives, such as the fight against climate change, security energy conservation of resources and the creation of jobs, long-term resilience, and quality of life.
In addition, this report is complemented by a small study on Green Buildings to Green Cities which implements some examples of "case studies". Me understand is worth reading this report to have a global vision of sustainable construction and the effects on the different agents involved.
Access to the Report… HERE.
Access to the World Green Building Council website… HERE.
We can also understand more about green building from HERE .
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