Originally published in Interiors & Sources

12/08/2011

Square Footage of LEED-Certified Existing Buildings Surpasses New Construction

Uptake signals green building market sea change

 
Square Footage of LEED-Certified Existing Buildings Surpasses New Construction

Washington, D.C.—Leadership in Energy and Environmental Design (LEED) certified existing buildings are outpacing their newly built counterparts, according to the U.S. Green Building Council (USGBC). As of this month, square footage of LEED-certified existing buildings surpassed LEED-certified new construction by 15 million square feet on a cumulative basis.

“The U.S. is home to more than 60 billion square feet of existing commercial buildings, and we know that most of those buildings are energy guzzlers and water sieves,” says Rick Fedrizzi, president, CEO and founding chair, USGBC. “Greening these buildings takes hands-on work, creating precious jobs especially for construction workers. Making these existing buildings energy and water efficient has an enormous positive impact on the building's cost of operations. And the indoor air quality improvements that go with less toxic cleaning solutions and better filtration create healthier places to live, work and learn."

Historically, USGBC has seen the stock of LEED-certified green projects overwhelmingly made up of new construction projects, both in volume and square footage. That began to change in 2008, when the LEED for Existing Buildings: Operations & Maintenance (O&M) program began experiencing significant growth. In 2009, projects certified under LEED for Existing Buildings: O&M surpassed those certified under its new construction counterpart on an annual basis, a trend that continued in 2010 and 2011.

"This new data marks the first time that LEED-certified existing buildings have surpassed LEED-certified new construction cumulatively," Fedrizzi continues. "The market is becoming increasingly aware of how building owners can get better performance through green operations and maintenance, and tools such as LEED for Existing Buildings: O&M are essential to cost-effectively driving improvements in our economy and environment. LEED as a rating system is continuing to evolve an ever greater emphasis on performance, not only in energy, but also water, location, indoor environmental quality and materials."

Projects worldwide are proving that green building doesn't have to mean building new. By undertaking a large renovation, the recently LEED-certified Empire State Building has predicted it will slash energy consumption by more than 38 percent, saving $4.4 million in energy costs annually, and recouping the costs of implementation in only three years.

The second tallest building in the world, Taipei 101, earned the tallest honor: LEED Platinum. The skyscraper was designed to use 30 percent less energy, reducing annual utility costs by $700,000 a year. San Francisco's Transamerica Pyramid also earned LEED Platinum as an existing building, 39 years after it was originally built. The landmark's onsite co-generation plant saves an average of $700,000 annually in energy costs.

"USGBC is also a strong supporter and working to implement the White House's Better Buildings Initiative to make America's commercial buildings more energy- and resource-efficient over the next decade. The plan catalyzes private-sector investment through a series of incentives to upgrade existing offices, stores, schools and universities, hospitals and other commercial and municipal buildings.

A newly issued report by Capital-E found that efficiency financing has the potential to soar from $20 to $150 billion annually, creating over one million jobs, making the American economy more competitive, enhancing national security and helping slow the impacts of climate change.

In their “Green Outlook 2011” report, McGraw Hill Construction found that by 2015, the green share of the largest commercial retrofit and renovation activity will more than triple, growing to 25 percent to 33 percent of the activity by value—a $14 to $18 billion opportunity in major construction projects alone.

 

Connectrac wireways offer discrete power and technology connectivity in open interior spaces of all kinds; affordably, quickly and with long-term flexibility.



When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.

Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Mitsubishi Electric’s H2i R2-Series heat pumps provide 100% heating capacity down to 0° F and simultaneous heating and cooling down to -4° F delivering year-round comfort, regardless of climate zone.

Connectrac wireways offer discrete power and technology connectivity in open interior spaces of all kinds; affordably, quickly and with long-term flexibility.



When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.

Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Mitsubishi Electric’s H2i R2-Series heat pumps provide 100% heating capacity down to 0° F and simultaneous heating and cooling down to -4° F delivering year-round comfort, regardless of climate zone.

 
comments powered by Disqus

Related Products

Sponsored Links