New Study Ranks Top 25 U.S. Markets in Green Building Opportunities

BUILDINGS - Smarter Facilities Management

Industry News

04/05/2010

New Study Ranks Top 25 U.S. Markets in Green Building Opportunities

The Green Building Opportunity Index is the first office market assessment tool to provide weighted comparisons of top U.S. office markets on the basis of real estate fundamentals and green development considerations

 

San Francisco leads the 25 largest office markets for green opportunities, according to a study by Cushman & Wakefield, in collaboration with the Northwest Energy Efficiency Alliance’s (NEEA) BetterBricks initiative.

The Green Building Opportunity Index is the first office market assessment tool to provide weighted comparisons of top U.S. office markets on the basis of real estate fundamentals and green development considerations. The Index focuses on the primary factors that influence successful development, retrofitting, leasing, and sales of investment-grade green office buildings in the 25 largest U.S. Central Business Districts (CBDs). It compares a market’s relative position to its peers in six categories:

  1. Office market conditions
  2. Investment outlook
  3. Green adoption & implementation
  4. Local mandates & incentives
  5. State energy initiatives
  6. Green culture

Cushman & Wakefield and NEEA’s Green Building Opportunity Index ranks each market on dozens of different factors, in addition to the number of ENERGY STAR-labeled and LEED-certified buildings.

The Green Building Opportunity Index’s top 12 markets overall:

  1. San Francisco
  2. Oakland, CA
  3. Midtown New York
  4. Los Angeles
  5. Chicago
  6. Orange County
  7. Downtown New York
  8. Washington, D.C.
  9. San Diego
  10. Boston
  11. Seattle
  12. Portland, OR

As a tool to examine the overall “climate” for green building, the Index will help building owners, architects, and green building consultants can determine where green development brings competitive advantages, or where it’s simply an emerging standard.

 


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.

Morton designBUILD is a team that works with you, from concept to completion, to create custom steel buildings and beyond.  Visit our website for design inspirations today!

 


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.

Morton designBUILD is a team that works with you, from concept to completion, to create custom steel buildings and beyond.  Visit our website for design inspirations today!

 


 

Sponsored Links