Take-Aways from DevelopGREEN Conference
Some surprising conclusions emerged from the session on Greening Existing Buildings -- 98 percent of the U.S. building stock, and the largest opportunity for going green…. Besides helping employers improve talent recruitment, boost productivity, decrease absenteeism and improve air quality…. Substantial energy savings, directly to the bottom line, no overhead.… On the 260 Townsend San Francisco project, that's about $40K annually.… "Assume an eight percent cap rate, and that equates to an asset valuation increase of $500K"… said Swinerton's Grant French, ""When I talk to clients, it's all about the bottom line. The environmental benefits hardly come into it"…. For more content on this session, view the summary. The full session presentation is available. (PDF - To download Adobe Acrobat Reader, click here. Presentation may take a few minutes to load.) To buy CDs of DevelopGreen sessions, go to the NAIOP DevelopGreen Bookstore.