Transcript Grady Pridgen, Inc.

SIOR Goes Green
Triple Bottom Line Benefits of
Green Buildings
www.gradypridgen.com
Not Just Another Pretty Place
Reduced
Environmental
Impact.
Peak Efficiency.
Improved
Capitalization
Rates.
Increased
Marketability.
Higher Lease
Rates.
Improved
Productivity.
Reduced
Absenteeism.
ENVIRONMENT
Triple Green Building Bottom Line Benefits
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Green Buildings are:
Environmentally Responsible
Smart Site Selection
Sustainable Building Components
Profitable
Reduces Operating Expenses
Reduces Energy usage and cost
Reduces Water & Sewer usage and cost
Reduces Waste Disposal usage and cost
Healthy Places to Live and Work
Enhances Profitability
Improves Productivity
Reduces Absenteeism
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Successful Green Projects
Alcoa World Headquarters, Pittsburgh PA
Bank of America Headquarters, New York NY
Duracell Corporate Headquarters, Bethel CT
Reebok World Headquarters, Anton, MA
Toyota Motor Sales USA – South Campus, Torrance CA
Wal-Mart Supercenter, McKinney TX
San Jose Civic Center, San Jose CA
San Mateo County Crime Lab, San Mateo CA
Emery University Winship Cancer Institute, Atlanta GA
Pentagon Athletic Center, Arlington VA
The Dalles Middle School, Dalles OR
City of Seattle Police Support Facility, Seattle WA
Wells Fargo Financed two Green Buildings for $64 Million
Royal Caribbean Cruises, Springfield OR
Banner Bank Building, Boise ID
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United States Building Impacts:
12%
30%
65%
70%
Water Use
Greenhouse
Gas Emissions
Waste
Output
Electricity
Consumption
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Increased Productivity in Green Buildings
Schools: 20% Better Test Performance
Hospitals: Earlier Discharge
Retail: Increase in Sales per Square
Foot
Factories: Increased Production
Offices: 2-16% Productivity Increase
SCHOOLS
20%
BETTER TEST
PERFORMANCE
HOSPITALS
EARLIER
DISCHARGE
OFFICES
2-16%
PRODUCTIVITY
INCREASE
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Selection of team members knowledgeable
of sustainable green practices is critical
These Team members include:
Commission Agents (VIP)
General Contractors
Architects
Engineers, etc.
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Smart Site Selection for Green Buildings
Smart Site Location:
Proximity to Existing Infrastructure
Protecting Environmental Resources
Proximity to Services, New Construction
Make Use of Passive Solar Heating/Cooling
Grayfield, Brownfield or Adaptive Reuse Site
Compact Development
Walkable: Connections to Surroundings
Transportation Oriented: Mass Transit
Public Transportation
Mixed-use (recreation, employment,
shopping and living)
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Green Broker Building Checklist:
High efficiency building envelope
Efficient lighting & window specifications
Efficient HVAC specifications
Low flow bathroom fixtures
Efficient Roof Insulation
Efficient windows
Architect experienced with Green building
technologies
Contractor experienced with Green building
technologies
Current Recycling program
Building Orientation
Electrical Requirements (Watts / SF): 2 vs 5
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Green Broker Building Checklist: cont.
Construction Waste Management: Develop
and implement a construction waste
management plan to reduce the amount of
material sent to the landfill.
Recycled Content Material: Use materials
with recycled content.
Use Certified, Salvaged and Engineered
Building Materials.
Use Water-Permeable Walkways and
Parking Areas.
Reduce Heat-Island Effect for Roofing and
Paving
Sustainable Property Management
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Green Broker Building Checklist: cont.
Low / Zero Volatile Organic
Compounds (VOC) Paints, Primers
and Sealants
Formaldehyde-free Composite
Green label Certified Floor Covering
Exhaust Fans- Bathrooms &
Kitchens
Proper Ventilation
HVAC Sizing
Water Heaters: Mold Prevention
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Green Broker Building Checklist: cont.
Cold Water Pipe Insulation
Materials in Wet Areas
Basements and Concrete Slabs:
Vapor Barrier
Water Drainage
Integrated Pest Management
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Green Operations by the Occupants
Monitoring
Behavior
Lighting
Bathroom
Storage Areas (Sensors)
Stairwells (Sensors)
Unoccupied Areas (Sensors)
Water
Electrical
Computer and Office Equipment
Energy Star
Phantom Energy
Green Cleaning Products
Recycling
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Average Savings of Green Buildings
Average
Savings of
Green
Buildings
WATER
USE
CARBON SAVINGS
SAVINGS 30-50%
35%
ENERGY
SAVINGS
30%
Source:
Capital E
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WASTE
COST
SAVINGS
50-90%
Green Building Owner Benefits
INSURANCE
VALUATION
& BRAND
APPRECIATION
EMPLOYMENT
REDUCED
PUBLIC
INFRASTRUCTURE
COSTS
EQUITY
SECURITY
SECURITY
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Green Building Economic Benefits
A $4 investment per
square foot
in building green nets
a $58 benefit per
square foot
over 20 years
$1.20
EMISSIONS
$0.50 SAVINGS
WATER
SAVINGS
COST
$4.00 PSF
$8.50
OPERATIONS &
MAINTENANCE
SAVINGS
$5.80
ENERGY SAVINGS
BENEFIT
$46.00
EST. HEALTH &
PRODUCTIVITY
BENEFITS
$62.00 PSF Total Benefits
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Green Building Operational Benefits
Enhanced Productivity:
Reduced Absenteeism
Enhanced Recruitment
Improved Employee Morale
Average Productivity Gains
High-Performance Lighting
Enhances Productivity by 6.7%
Individual Temperature Control
Enhances Productivity by 3.6%
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Employees Perceive Value Working in
Green Buildings
Overall Environmental Benefit
Reduced Energy Consumption
Lower Operating Costs
Health Benefit
Positive Marketing and Promotion
Increased Productivity
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Green Building Community Benefits
Maximizes existing infrastructure
Reduces environmental impact
Reduces Sprawl
Reduces Air Pollution
Reduces Water pollution
Conserves Raw Materials
Reduces demand on Services:
Water, Sewer and Solid Waste
Increases tax base: schools, fire, police,
etc.
Revitalizes communities
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Green Building Cost vs Conventional
New buildings are easier and cheaper
to make green
Existing building components
Shell building
High efficiency building envelop
Commercial Interiors
Multi tenant buildings require
phasing as each lease expires
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Federal Tax Deductions for Green Buildings:
A federal tax deduction of up to $1.80 per
square foot is available to owners or designers
of new or existing commercial buildings that
save at least 50 percent of the heating and
cooling energy of a building that meets ASHRAE
Standard 90.1-2001.*
Partial deductions of up to $.60 per square foot
can be taken for measures affecting any one of
three building systems: the building envelope,
lighting, or heating and cooling systems. The
credits are available for systems “placed in
service” from January 1, 2006 through
December 31, 2008.
*See The Energy Policy Act of 2005
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Green Building Challenges
First cost vs life cycle cost
Credibility of benefits
Changing habits
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Green Building Financing and Insurance
Benefits
The United Kingdom recently required all
building as of 2007 to be green.
European investment community anticipates
15% higher rents in green building.
Existing buildings not easily converted to green
experience a considerable reduction in value.
Higher cap rates for green building due to:
Mitigation for increasing utility costs
Healthier building equates to reduced liability (sick
building)
Healthier buildings enhance marketability
Reduced reserves
Disaster preparedness
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Why Go Green?
Improves the environment for our
children
1450% return for employers
Increased Productivity
Decreased absenteeism
Healthier employees
Increased marketability
Reduced Liability
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