Articles With "Development" Tag

Checking Out the 99k House Competition

Hybrid

Back in September 2007, Rice Design Alliance and the Houston Chapter of the AIA announced the 99k House Competition.  The general goal of the competition was to create an innovative design for a small house that is affordable, sustainable, and energy efficient.  More specifically, the competition called for a single family house with up to 1,400 sf of space, including 3 bedrooms, 1.5-2 bathrooms, on a 50′ x 100′ site in a historic neighborhood of Houston.  The construction budget for each home had to be under $99,000, too.

And recently, Hybrid / ORA out of Seattle was declared the winner of the competition (pictured above).  In addition, four other finalists each took $5k in prize money and had their home designs published for all to see.  Make sure to check out their ideas and download their designs below. 

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Top 5 Green Building Products As Voted by Builders

Andalay

As reported by LA Times blog Pardon Our Dust, the Pacific Coast Builders Conference holds an annual competition for the coolest building products and the green building product selections are in.  This year, over 600 home-building professionals voted on roughly 125 product submissions, and some of the best have risen to the top.  The following list represents the cool-product winners in the green building category for 2008:

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New Report Shows Economic Value of Green Building Certification

20bill

In a newly released working paper by John Quigley, Piet Eichholtz, and Nils Kok titled Doing Well by Doing Good? Green Office Buildings, the authors discuss the economic value of green building certification in the commercial sector.  They matched publicly available information on 694 certified green buildings (Energy Star and LEED) with 7489 other office buildings located within a quarter mile of the certified green buildings.  The research revealed systematic evidence that rents for green buildings are about 2% higher than rents for comparable buildings located nearby.  Effective rents, or those adjusted for the occupancy levels in the building, are about 6% higher in green buildings than in comparable office buildings nearby.  The authors deduce therefrom that at a generalized cap rate of 6%, conversion of a non-green building to an equivalent green building would add more than $5 million in market value.  Wow!

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