08 Nov '11, 8pm

LEED's Reach Grows Despite Grim Economy, But Slower Than Hoped

LEED's Reach Grows Despite Grim Economy, But Slower Than Hoped

LEED certification to reach 2 billion square feet soon. It took about 10 years for LEED to hit the 1-billion mark, but certification is expected to reach 2 billion square feet in 2012. Overall growth seen, but not as much or as fast previous years . Registration domestically and abroad grew 45 percent, "though not quite up to the levels of the three-year "bubble" of LEED registrations between 2007 and 2009," Watson found. Market penetration is climbing, with impressive international growth. LEED registrations rose by 53 percent overseas and 39 percent in the United States in the past year. Certifications continue to be another story. Certifications, the number of projects that complete the ratings process, are hovering around the 35 percent level and grew by just under 3 percent in the past year. "Although LEED certification grew by 2.6 percent overall compared with last y...

Full article: http://www.greenbiz.com/news/2011/11/08/leeds-reach-grows...

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