Green building is on a roll, and strong growth will continue for the foreseeable future. This area is ripe for transaction activity, given that energy use in buildings amounts to 38% of USA greenhouse gas emissions. In 2009, the green building commercial/institutional market was comprised of public facilities (30%), education (24%), commercial (20%), healthcare (11%), and industrial/research and development (each 5%). Growth in these areas is being driven at all levels of government, and by climate change awareness, consumer concerns, and tenant pressures.
Green Building projects are designed to reduce the environmental impact of buildings by efficiently using energy, water, and other resources; protecting occupant health and productivity; and reducing waste and pollution. Frequently, Green Building projects and their elements are designed or constructed to standards, such as the following:
- U.S. Green Building Council: Leadership in Energy & Environmental Design (“LEED”) standards and ratings.
- Green Building Initiative: Green Globes standards and ratings.
- U.S. Environmental Protection Agency and U.S. Department of Energy: Energy Star program and ratings for energy conservation.
Counsel Direct can assist Green Building clients with:
- Sustainable Construction and Design Criteria
- Green Building, Recycling and Waste Management Laws
- Architectural, Engineering, and Construction Contracts
- Resolution and Litigation of Construction Claims
- Green Leases
- Property Management and Maintenance
- Solar Installations
- Green Ordinances and Building Requirements
- Assistance Securing Insurance Coverage
- Navigating the Process for Obtaining LEED or Other Certification
- Advice on ENERGY STAR™ and Green Building Requirements for New Buildings, Retrofits, and Renovations
- Partnerships with Green Building Professionals