The Value of LEED is a presentation that specifically focuses on projects and testimonials showing the results of LEED certification from a value perspective. This includes building return on investment, owner and user satisfaction and specific examples of energy, water and other reductions in consumption.
This Webinar will be conducted by USGBC-LI Managing Director Daniel Busi, LEED AP BD+C, LFA.
Some of the facts:
- The top two triggers for green building in the U.S. are client demands and healthier buildings, but the economic benefits can’t be overlooked. Operating cost savings, shorter payback periods and increased asset value in new green buildings and green retrofits have been consistently reported.
- Upfront investment in green building also makes properties more valuable, with a growing number of building owners seeing a 10 percent or greater increase in asset value. The percentage of owners reporting that level of growth has nearly doubled since 2012.
- Green buildings reduce day-to-day costs year-over-year. LEED buildings have reported almost 20 percent lower maintenance costs than typical commercial buildings, and green building retrofits typically decrease operation costs by almost 10 percent in just one year.
- Green buildings are for every market and every community. A report on the Los Angeles market indicated that while traditional (non-LEED certified) buildings receive an average of $2.16/ft2, tenants were willing to pay $2.91/ft2 for LEED certified space.
- The University of Texas at Austin looked at resale value on homes in the Austin-Round Rock Metropolitan Statistical Area and found that homes built to LEED standards between 2008-2016 showed an eight percent boost in value, while homes built to a wider range of green standards saw a 6 percent increase in value.
- To-date, green building has created millions of jobs and contributed hundreds of billions of dollars to the U.S. economy. From 2011-2014, national green construction generated $167.4 billion in GDP. In Texas alone, more than 720,000 jobs were attributable to green construction during that time. In 2014, LEED-related employment directly contributed $1.09 billion of individual income tax to states.
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