What are the economic benefits of green or sustainable building and development?
Well-designed, constructed, operated and maintained green buildings can have many benefits, including durability; reduced costs for energy, water, operations and maintenance; improved occupant health and productivity; and the potential for greater occupant satisfaction than standard developments. A green building may cost more up front, but can save money over the life of the building through lower operating costs. These savings may be more apparent through life-cycle assessment (LCA). Cost savings are most likely to be fully realized when incorporated at the project’s conceptual design phase with the assistance of an integrated team of building professionals. The integrated systems approach aims to design the building as one system rather than a collection of potentially disconnected systems.