Green, eco-friendly construction and renovations of multi-family housing, medical communities, and hospitality industry is growing rapidly in the Southeastern United States, Miami, Orlando, Atlanta, and Charlotte. Many recent studies show today’s tourist are seeking out environmentally friendly hotels.
Dodge Data & Analytics published the benefits of green building practices.
Owners note strong business benefits from green building investments and green O&M practices, helping to drive this growth. Most notably, they report the following when comparing the performance of their green buildings to traditional buildings:
• Annual operating cost reductions: Reported by 66% of retail owners (at an average reduction of 8%) and by 51% of hotel owners (at an average reduction of 1%)
• Energy use reductions: Reported by 58% of retail owners and 67% of hotel owners at an average reduction of 15% for both
• Asset value increases: Reported by 61% of retail owners (at an average increase of 7%) and by 71% of hotel owners (at an average reduction of 11%)
• ROI increases: Reported by 67% of retail owners (at an average increase of 8%) and by 85% of hotel owners (at an average reduction of 14%)
There are many factors driving these owners toward adoption of green building investments and practices. While operating cost reductions are the most highly reported reason for going green (by 66% of retail owners and 73% of hotel owners), there are several other factors considered highly important in their decision-making process:
• Utility rebates: according to 63% of retail and 70% of hotel owners
• Protecting/enhancing brand: according to 51% of retail and 73% of hotel owners (for hotel owners, this is as important as operating cost decreases)
• Improving ROI: according to 52% of retail and 67% of hotel owners
Green Construction is more than just a trend, it has become common in commercial developments and multi-family housing. These practices not only reduce energy cost and maintenance during construction and also operational practices, they are economically more efficient, environmentally responsible, and lessen the building’s carbon footprint. SWET Construction Group ensures energy-efficient designs are implemented during construction or remodeling.
At SWET Construction Group we focus on the community, environment, happiness, health and economic viability of every project. With our experienced team, advanced knowledge of construction, high quality products, on-site management, turn-key solutions and precise estimation, we deliver on budget and on time results for your construction needs.