Articles With "Development" Tag

Non-Green Buildings to Cost More Money

20bill

At this point it is my experience green buildings are receiving the same financing they would get for any high quality building with a good tenant … what I think will change is that lenders will start assessing a premium on financing for any building that is not designed to green standards.

Comparing green buildings to the advent of air conditioning, the quote continues:  “At first buildings that came equipped with air conditioning were seen as luxury developments.  But within a short period of time any building that didn’t have it was considered functionally obsolete.

– Jim Amorin, president-elect of the Appraisal Institute [via]

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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