A recent study by Booz Allen Hamilton, prepared for the US Green Building Council, examined the overall impact of green building in 2015 and its projected impacts on the construction industry in future years. Its overall findings concluded that green building is growing at a pace much faster than conventional building and even predicts that it will account for one-third of all building in 2018, only a short 3 years away.
According to the report, titled 2015 Green Building Economic Impact Study, approximately 134.3 billion in labor income is due to the green construction industry in the United States, which equates to over 2 million jobs. By 2018, the study predicts those numbers will jump to $190.3 billion in earnings and over 3.3 million jobs.
"Our research shows that green building has created millions of jobs and contributed hundreds of billions of dollars to the U.S. economy, with the construction of LEED-certified buildings accounting for about 40 percent of green construction's overall contribution to GDP in 2015," said David Erne, a Senior Associate at Booz Allen. "This industry is certainly on the rise, and aggressive growth in the green building sector is anticipated over the next four years."
Among the states the study believes to have the largest effect on the increase in green construction from 2015-2018 are Texas ($107.13 billion), California ($91.22 billion), Florida ($76.23 billion), New York (48.97 billion), and North Carolina ($39.26 billion). Perhaps most importantly, the study estimates that green and LEED construction projects combined will generate $3.6 billion in energy savings, $153.4 million in trash savings, $405 million in water savings, and $2.2 billion in maintenance savings.
2015 Green Building Economic Impact Study | US Green Building Council
Infographic below courtesy of USGBC
I’ve been very fortunate over the course of my relatively short career in construction to spend time focusing on many different aspects of construction. I recently spent about two and a half years working in site development and Storm Water Pollution Prevention Plan (SWPPP) compliance on a national scale and I wanted to share some of the insights that I gained from that experience.
In 2016, Elon Musk and Tesla announced that they had developed an innovative solar roofing tile that looks almost identical to traditional roof shingles currently on the market. Standard solar panels look be large and clunky on a roof, which made many excited about a nearly “invisible” solar tile option. After 3 years, we recently got a major update into how the installations of the product is going.
On Thursday, April 18th, the New York City Council passed what they are calling “NYC’s Green New Deal,” which legislators hope will greatly reduce the city’s greenhouse gas emissions. In order to achieve those results, several mandates included in the legislation will have major effects on the construction and real estate industries.
Almost 7 years ago, construction began on the west side of Manhattan’s $20 billion mixed-use development. On March 15, 2019, Hudson Yards, as the development is known, has officially opened.
Mercedes-Benz Stadium, home to the NFL’s Atlanta Falcons, was completed in late 2017. The impressive structure had a hefty price tag of $1.4 billion, but it has already played host to several of the biggest events in sports, including the 2018 College Football National Championship and the recent 2019 NFL Superbowl. In addition to playing a large role in the sports world, it’s also playing a large role environmentally for the area surrounding the stadium.
A new 21-story apartment building proposed for Milwaukee, Wisconsin as received unanimous approval from the City Plan Commission. If built, the new tower could possibly be North America’s tallest mass timber building.
The USGBC recently released their 2018 ranking of the Top 10 US States for LEED construction, which is sorted by Gross Square Footage per Capita. That ranking system allows them to get a fair comparison of states, despite differences in population and number of buildings.
Tall buildings made with structural timber have been on the rise in Canada and European countries in recent years, but the United States has been slower to adopt the method due to code restrictions. The state of Oregon recently released an addendum to their building code to allow taller mass timber buildings in the state and an upcoming International Code Council (ICC) vote could encourage more states to follow suit.
You may have been sitting in your house or office one day and noticed the distinct sound of a bird hitting the window. It’s pretty common, as it’s estimated that as many as 988 million birds die in the US each year by colliding into glass. The new arena that will house the NBA’s Milwaukee Bucks has incorporated some design elements that will reduce the amount of birds killed by the massive structure, allowing it to be dubbed the “World’s Most Bird Friendly Sports Arena.”