03 Jul '13, 11am

Green building rises in retail, hospitality

Green building is taking off in the hospitality and retail industries, says McGraw Hill in a new study. This year, retail owners that are building green for over half of their projects rose to 38 percent, up from just 18 percent in 2011. That's expected to rise to 52 percent by 2015. The percentage is higher for the hotel industry where 48 percent are using green practices for over half their projects, compared to 28 percent in 2011. That's expected to rise to 64 percent in 2015. Green building projects are defined as either meeting LEED or another recognized green building standard, or one that is energy-efficient, water-efficient and improves indoor air quality and/or engages in material resource conservation. Two-thirds of retail owners (65 percent) and 73 percent of hotel owners say they use green operations and maintenance practices. What's driving this trend? Strong ...

Full article: http://www.greenbiz.com/news/2013/07/03/green-building-ri...

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