Even as the CRE industry continues to embrace higher levels of green certification as the norm, diminished government commitment to sustainable building practices and achieving conformity between a myriad of local codes and international voluntary requirements continue to present challenges that green building teams will have to face going forward, noted experts at CoStar’s most recent Current Trends In Green Real Estate webinar.
A major issue for the green building industry is expectations for continued pull-backs by the government, both in the volume of construction undertaken and the public sector’s commitment to sustainable measures, with more lean years ahead in both areas, said Peter Morris, director with Davis Langdon, consulting company on cost modeling and other economic issues in sustainable building.
Read more...Green Building Industry Marching Forward, but Facing Some Uncertainty - CoStar Group
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