2.5%

That’s the average premium on green buildings, according to a study by the US Green Building Council and partners.  (NYT).

That’s far less the public believes — and well worth it, because the savings start as soon as the building goes “live.”*  Efficient heating and cooling systems mean lower energy bills, and green buildings with good indoor air quality and day-lighting increase occupant satisfaction, which can help attract clients and employees.

Last week, I helped organize a conference for the Newman Real Estate Institute on sustainable commercial interiors in existing buildings (the most important part of the market because it represents the greatest opportunity to reduce greenhouse gas emissions).

Our speakers and panelists were behind some of the most innovative spaces in the world.  Their message was that a sustainable interior project can actually cost less than the conventional approach because it requires that architects, construction managers, and engineers work together from the beginning, streamlining the process and eliminating a lot of wasteful spending — the “integrated” approach.

Frank Sciame, the owner of a leading construction company that bears his name, said, “If we built cars like we build buildings, no one would be able to afford a car.”  It makes sense, really.  Intelligent design is intelligent in many respects, not just sustainability.

* In order to maintain savings over time and ensure that the building is as green as its designers promise it is, skilled management is needed.  That’s where green jobs — and my work! — comes in.