A recent conference in Austin, Texas, of real estate appraisers explored how they should incorporate green-building techniques and features into their assessment of properties.
"Sustainable elements, such as high-efficient heating and air systems, provide energy cost savings. Lower operating costs in turn mean the building can become more valuable to an owner or a potential buyer.
'We are starting to see some empirical evidence that investors are willing to pay more for a green building than a non-green one,' says Amorin. 'I think we're at the precipice of a big change in commercial real estate.' Once building owners realize that a growing number of companies want to be in green structures, the money will flow in that direction and the cost of non-green buildings will start to decline, Amorin predicts.
Some of the questions discussed at the seminar included:
Are green building investments going to pay off in the long term?
How can the market and appraisers establish a reliable value of green buildings when there are a limited number of properties for comparison?"
FULL STORY: Appraisers look at measuring the value of green
Tornado Clears Way for LEED Platinum Building
The 5-4-7 Arts Center in Greensburg, Kansas gets a LEED platinum designation- evidence that the town, which was 95% destroyed by a tornado in May, 2006, is making good on its sustainable rebuilding plan.
Advancing Sustainability in Los Angeles County Schools
The Los Angeles County Office of Education’s Green Schools Symposium brings together educators, students, and experts to advance sustainability in schools through innovative design, climate resilience strategies, and collaborative learning.
Affordable Housing Renovations Halt Mid-Air Amidst DOGE Clawbacks
HUD may rescind over a billion dollars earmarked for green building upgrades.
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.
San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.
A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Ascent Environmental
Borough of Carlisle
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service