by Rebecca Walker — January 26, 2009—According to Turner Construction Company’s New York, NY “Green Building Barometer,” 75 percent of commercial real estate executives – including developers, rental building owners, brokers, architects, engineers and others – say the credit crunch will not discourage them from building green.
More than 80 percent of commercial building owners have owed funds to green initiatives this year, according to “2008 Green Survey: Existing Buildings,” a survey jointly funded by Incisive Media’s Real Estate Forum and GlobeSt.com, the Building Owners and Managers Association (BOMA) International and the US Green Building Council (USGBC).
Incisive Media’s “2008 Green Survey: Existing Buildings” found that almost 70% of commercial building owners have already implemented some kind of energy monitoring system. Nearly 65% of building owners who have implemented green buildings say their investments have already resulted in a positive return on investment. And 84% of respondents to Turner’s “Green Building Barometer” said their green buildings have resulted in lower energy costs, with 68% reporting lower overall operating costs.
