As the real estate market begins to recover, property owners, contractors, business tenants, and consumers will be looking for more guidance on what it means to own, build, or occupy a LEED certified building or home.
Before the Great Recession and the near collapse of the commercial real estate market, one of the hottest trends in development was the desire for sustainable buildings and the advent of the private sustainability rating system known as LEED (Leadership in Energy and Environmental Design), which was created by the United States Green Building Council (USGBC). LEED quickly caught on not only with private builders, but also local governments looking at ways to encourage sustainable design and practice. Of course, when commercial and residential construction came to a standstill, the LEED discussion shifted and those involved looked to find ways to maintain its vigor. As we discuss later in the article, the USGBC has responded to that need by expanding its rating system and continuing to make revisions to existing systems in order to improve the overall LEED product. [ Click to read full article ]
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