Study Proves it Pays to Build Green
by Lloyd Alter, Toronto
on 06.10.06

We learn from Building Strategies, a new Canadian building trade rag, about an interesting study by Green Value, a consortium of governments and consultants, about the value of building green. The usual developer mantra has been to build it cheap and fast, have lower rents and let the tenant worry about the operating costs. Times are changing- after studying 300 reports and looking closely at 18 development projects in Canada, the USA and the UK. Green Value concluded that Green buildings lease up more quickly; get higher rents; reduce tenant turnover and improve worker productivity significantly. Read the executive summary or full report via ::RealPac
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