- U.S. Homebuyers Will Pay Premium For Green Homes – More than half of homebuilders surveyed report that buyers are willing to pay a premium of between 11-25 percent for green-built homes. The same builders report that the average green homebuyer is between the ages of 35-50 with a college degree and fair understanding of green products.
- CBS RADIO Launches its First ‘Green’ Focused Radio Station – CBS RADIO announced the launch of 94.7 The Globe, its first "green" focused radio station. The Washington D.C. station will operate using renewable energy to power its 50,000 watt signal. This move will contribute to lowering the threat of global warming through the purchase of energy resources generated by wind. Additionally, station vehicles will be replaced with hybrid models. See also 94.7 The Globe.
- Wal-Mart CEO Lee Scott Unveils ‘Sustainability 360′ – President and CEO Lee Scott today unveiled "Sustainability 360" — a company-wide emphasis on taking sustainability beyond reducing the company’s direct environmental footprint to engaging Wal-Mart’s associates, suppliers, communities and customers. Scott also announced the company’s intention to introduce "Global Innovation Projects" — one of which is a challenge for Wal-Mart associates and suppliers to start thinking about how to remove non-renewable energy from the products the company sells.
Jeriko is Different… Design… Strength… Green… Flexibility… Living. Jeriko House: It Lives in you
Jeriko is Different… Design… Strength… Green… Flexibility… Living. Jeriko House: It Lives in you. Today, New Orleans-based CEO of Jeriko House, Shawn Burst, announced his company’s plans to enter the modular/prefab home building market with 5 different models (each with an infinite number of configurations). Burst teamed up with a German engineer to use a patented, interlocking aluminum framing system–one that is strong enough to meet the strictest U.S. earthquake and hurricane building codes. The plumbing, appliances, lighting, hardware, interior finishes, and exterior cladding are all integrated into an advanced structural system through the collaborative efforts of a team and network of design/construction professionals. Starting at $175 per square foot, a Jeriko House will have such luxuries as Asian teak wood finishes, coconut skin walls, Indian rosewood door handles and stone, and marble + ceramics from around the globe. Homes will also include "biometric systems and homeowner-friendly technology." Bourne-style, I presume.
The first home will be completed in New Orleans and the company anticipates orders of 100 more relatively soon. Actually, they’re taking orders right now for May delivery. Their website says a purchaser is responsible for permits, site work, foundation, plumbing, electrical, HVAC rough in, and landscaping. Shipping is included in the cost of the home, and Jeriko will help you build it.
Straight from the website: "We feel it is our duty at Jeriko House to take a leading role in the efforts to save our planet. Sustainability, energy efficiency and environmental friendliness are at the core of our beliefs. With a R&D team searching the globe for the latest and greatest green innovations and technology Jeriko will fulfill its roll as a socially responsible company at the forefront of the Green Revolution." I like what Jeriko’s saying, but we can’t forget that acting locally, rather than globally, has its green benefits as well. Also, take a look at today’s press release. For every 10 houses sold, those 10 owners form a committee that votes to give a Jeriko House to a family in need somewhere in the U.S. I think Jeriko is taking an innovative perspective to all facets of the business and can’t wait to see the first home! Maybe I’ll just drive down and see it when they’re done.
Arterra is an urban living, high-rise community in Mission Bay that will have a mixture of flats and townhomes of various sizes. Arterra has three buildings: "Sky," a 16-level tower, "City," a 9-level building, and "Park," a 6-level building with 2-story homes. Go to the Arterra website and you can watch a video that shows you the views from each building. Because Arterra is a high-end lifestyle community, you will have benefits such as 24-hour concierge, state-of-the-art fitness center, community lounge, rooftop sun deck with lounge and barbecue, etc. But, another feature of Arterra is that it will be the first LEED-Certified Green high-rise community in San Francisco.
Arterra is going after LEED certification, so here are some of the current green amenities being planned: formaldehyde-free cabinets (Studio Becker); low-emitting paint and carpets; high-efficiency water heating boiler; Kohler dual-flush toilets and other water-saving features; low-E, energy-efficient, insulated windows; Energy Star home appliances and gas ranges; bamboo for all standard kitchen floors; cork flooring at all elevator levels; recycled glass floors and FSC-Certified wood walls in entry-level lobby; bicycle storage in the parking garage; and recycled content panels for the exterior facade. Arterra is being developed by Intracorp Companies.
It looks like LivingHomes is lighting up the blogosphere again with more news. I’ve talked about Living Homes here + here, and I really like the company, big-time. So there are a few tidbits of news that you may find interesting: (1) LivingHomes has committed to make all its homes LEED Silver, at a minimum, and will work with owners to pay for certification costs, and (2) LivingHomes has entered into a partnership with Enterprise Community Partners (ECP) to take some proceeds from LivingHomes sales and put them into a fund for affordable green home communities. So we see LivingHomes expanding its target consumer base to allow for broader adoption due to possibly lower prefab costs–that said, these are green, architect-designed homes that command a price premium.
Interestingly, you’ll also find Ray Kappe’s second design (RK2) on the newly redesigned LivingHomes webpage. Pictured above, RK2 will be LEED Silver (Total Points = 50.5) and will have the following green benefits: yearly energy savings enough to power the home for 2 months; yearly water savings enough to fill 2 swimming pools; 80% of construction waste diverted from landfills; and 67% construction from recyclable materials. It will be about 2,215 square feet, with 3 bedrooms and 2 bathrooms. RK2 looks to be the perfect fit for large lots with expansive views. It will include an interior garden as well.
I was in Utah over the weekend for Equity Green‘s wedding. He’s a real estate tax guy named Garrett, so visit the archives if you want to learn about green real estate from that perspective. While in town, I picked up Utah Business magazine, which included an article on the state’s 2007 Economic Forecast, and I noticed a list of the Top 100 Fastest Growing Companies [Registration required]. Guess who was on the list as the state’s #22 fastest growing companies? 3Form. The magazine says 3Form is company that "creates resin products for design and construction industries." More specifically, 3Form is committed to environmental solutions for their industry and was recognized by BuildingGreen in 2006, for having a Top-10 Green Building Product. I’ve written about both 3Form and the Top-10 Green Building Products list previously at the links above.