Why the NAR Commercial Green Designation?

The Commercial Green Building Market is Growing Rapidly!

The number of LEED certified commercial green projects is about to explode from just over 3800 to date to nearly 30,0001. That's an astounding 660% increase in the number of commercial projects going green! And not to be outdone, in Florida the number of commercial LEED certified projects will increase by 550% with a full 21% of those projects being constructed right here in south-west Florida!2

According to the McGraw-Hill Construction Green Outlook Report for Commercial and Institutional Green Building, by 2013 the number of commercial green buildings will equal 20% to 25% of the market share or around $70 billion worth of commercial real estate.

Number of Green Building Incentives and Policies Continues to Grow

Buildings account for 72% of electricity consumption, 14% of potable water consumption and 38% of all CO2 emissions.3 Because of the resource consumption and pollution caused by buildings our federal, state and local governments are instituting regulations to require that new construction and retrofit of buildings be done using green building practices.

Sustainable Buildings Yield a Higher ROI for your Clients

  • In comparison to the average commercial building4 ...
    • Green buildings consume 26% less energy
    • Green buildings have 13% lower maintenance costs
    • Green buildings have 27% higher occupant satisfaction
    • Green buildings have 33% less greenhouse gas emissions
  • An upfront investment of 2% in green building design, on average, results in life cycle savings of 20% of the total construction costs - more than ten times the initial investment.5
  • Building sale prices for energy efficient buildings are as much as 10% higher per square foot than conventional buildings.6

BACK: Why the NAR Residential Green Designation?

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Sources:

1. U.S. Green Building Council 2009
2. Greentential 2010
3. U.S. Green Building Council 2009
4. GSA Public Buildings Service 2008
5. Kats, G. (2003). The Costs and Financial Benefits of Green Buildings: A Report to California's Sustainable
    Building Task Force.
6. Miller, N., Spivey, J. & Florance, A. (2007). Does Green Pay Off?