Green buildings are becoming ever more present. The number of green structures that have popped up around the world have grown significantly in the last decade. Initially, building green can be more expensive upfront (materials, meeting LEED standards, etc.) but the payoff in the long term is proving to be substantial. Not to mention good for the environment as well.
According to Triple Pundit, green buildings have a higher market value because they are in demand, operate more cost-effectively, thus commanding higher rents. Likewise, they have 3.5% lower vacancy rates and 13% higher rents than standard buildings.
A recent survey by Deloitte Consulting showed that companies that work in green buildings saw an increase in productivity which in turn showed economic profit. According to the survey:
- 100% reported increased employee goodwill;
- 93% reported a greater ability to attract talent;
- 87% saw improved workforce productivity;
- 81% saw greater employee retention; and,
- 75% saw improved employee health (thus fewer sick days).