Is Los Angeles Looking Forward To High Performance Buildings?
It is not just LA, but the US itself that is talking about making high performance buildings. Saving energy and wastage of all sorts, thus resulting in higher productivity are only a few conspicuous benefits that green construction offers. The national standard of LEED rating of buildings by U.S. Green Building Council is making a major change in the fashion the construction of buildings is progressing.
A look at the reasons why Green Construction in Los Angeles CA is being adopted open heartedly and why at all a green building council was devised makes the matter lucid.
1. Major Cut-Down in Operating Costs
Green buildings have this major advantage that they cause very low operation costs through a major cut down in the consumption of energy and water. This saving alone can add up to a major augmentation in the Return on Investment.
2. Augmenting the Asset Value
A building constructed to match the LEED standards is any given day, more preferable than others for the simple reason that it has buildings with higher sustainability credentials and more environmental value are a good deal for the market. It is evident that they gain more power to attract tenants at higher rents.
3. Drop in Construction Cost
With the strictness in construction codes in the U.S. there is a rise in production of equipment and technology that fosters green construction. This definitely leads to affordability in making a high performance green building.
4. The Health Factor
Studies have demonstrated that green building environments have a positive effect on the health of the residents as well as workers. The efficient management of resources lead to the perfect balance in the place that boosts productivity.
5. Alleviation of Risk
Since rent regulatory risks are becoming so conspicuous, green buildings are a success as they stand at minimum risk. They sure pass the test that mandatory disclosure of compliance with building codes put them to. So, the risk of no Return on Investment is totally alleviated.