An effective way to achieve these net-zero goals is by creating sustainable commercial real estate. In a recent study by CBRE, 79% of respondents agreed that green building certifications influenced their real estate decisions. While demand for sustainable buildings surpasses supply by 75%, the US government is stepping in to meet this gap. In 2021 alone, the government allocated a substantial $86 billion towards green building projects.
North of the border, Canada has implemented the Smart Buildings Initiative which recognizes the advantages of collecting and processing building data in order to reduce greenhouse gas emissions, diagnose and solve problems, and improve energy efficiency. Smart buildings are setting the standard for sustainable construction in North America at a crucial juncture in the fight against climate change. Below are some of the ways that smart commercial buildings can improve sustainability, and key considerations for construction firms adopting green building approaches.
Sustainability Means Considering the Entire Life Cycle of Building
Embracing sustainability entails a commitment far beyond singular actions. The goal for architects, builders, and commercial developers should be to ensure sustainability throughout the entire life cycle of buildings, not only for environmental preservation but also for property value preservation. LEED-certified projects have been on the rise in the US, paving the way towards energy efficiency and environmentally-friendly designs. The environmental impact that construction has on the surrounding ecosystem and environment cannot be discounted. To mitigate this effect, numerous companies are creating voluntary initiatives aimed at reducing emissions, from the creation and use of products throughout their life cycles to the extraction of raw materials and end-of-life disassembly. The Works with WELL database serves as a reliable resource for builders, contractors and developers to find sustainable products that may enhance their projects by creating healthier and safer spaces for inhabitants. There are several dynamics and project conditions that must be considered when designing for optimal building performance, such as window glazing type and owner requirements, that enable sustainability. Industry professionals should be sourcing materials from environmentally-conscious suppliers, and partnering with manufacturers who already take a sustainable approach to design by using WELL and LEED-accredited professionals and products.
