Green Construction Starts Could Reach $140 Billion by 2013

Over the last month, I’ve seen several reports on green building, and we’ll try to address them all in due time. With reports like this, though, we have to spread it out – this is geeky stuff, it’s not leisurely eye candy or anything like that. But we like to follow the numbers in anticipation of future trends. In that regard, the Green Outlook 2009: Trends Driving Change report by McGraw-Hill Construction has some interesting information. According to the report, the value of green building construction starts was up five times from 2005 to 2008, with values escalating from $10 billion to $36-$49 billion. Also, by analysis, the report estimates that construction starts could triple over the next five years and reach $96-$140 billion.







