Weighing the Cost Against the Benefits of Green Building
Washington, D.C.—Sustainability is a buzzword for today’s consumers and likely a requirement for them tomorrow, noted Bobby Bowling, president of Tropicana Building Corp. and moderator for an NAHB Webinar, entitled “Green Building: A Cost/Benefit Analysis.”
Speakers Sanford Steinberg, AIA, principal of Steinberg Design Collaborative LLP, and Patrick Dennis, regional construction manager at Wood Partners, discussed ANSI’s (American National Standards Institute) new National Green Building Standard (NGBS) and its application to the multifamily industry, as well as the cost of going green.
In terms of added cost, the speakers noted that the Bronze level will cost 2 percent more, while Silver, Gold and Emerald will cost 4 percent, 8 percent and 17 percent more, respectively.
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from NAHB