Tuesday, November 5, 2013

Green Real Estate - Why Things Are Getting Greener "Todos Los Dias" Every Day!



You don't have to be a rocket scientist to figure out that green real estate is getting more and more common each and every day. Rather, all you have to do is sit in at a city planning commission, and look at the plans being permitted, and the presentations being presented. It's all about green, because that's what sells the concepts, and the building projects to the planning commission, and to the public.

Everyone is worried about the CO2 carbon footprint of every new building being built, and everyone is asking about alternative energy, and energy efficiency. Everyone in the real estate industry knows that any time you want to build anything, there will be environmentalists sitting in at the planning commission meetings, and the City Council meetings. It's true that you can't please everyone, but if you want to build something, your real estate better be green, that's true now, and I'm sure would be true well into the future.

Not long ago, I sat in on a LEEDs certification class and I recognized some of my buddies who are the solar panel business, and they were giving talks to the contractors, and union workers in the construction industry in our city. Everyone is getting in on green real estate. In fact, in many cities if you buy a vacant business building, and apply for business permits, they ask you what you are going to do to improve the efficiency of the building. If you don't have the right answer you don't get your permits, you can't open the business.

If you are buying an existing and ongoing business, the city often puts stipulations that that building must be made green. That means there will be some retrofits needed, some weather proofing, and other things added. This is one reason why green real estate is getting greener every day. Please consider all this.

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