Green Buildings: Not a Myth, But a Reality Developers Can Bank On
“The momentum behind decarbonization has never been more encouraging. As climate impacts intensify, the real estate industry faces pressure to adopt sustainable building practices for resiliency as well as efficiency.”
Commercial Observer recently published an article authored by Tricia Baker, Senior Vice President of Strategy and Impact at PACE Equity.
“For decades, building owners and developers have been deciding between being eco-friendly and cost-friendly. The cost of high-performance systems and sustainable materials was a deterrent to building more efficient buildings. But today, there are options for implementing building improvements for energy efficiency, water conservation, renewable energy generation, and resiliency enhancements that provide financial and environmental benefits and result in improvements in both financing costs and long-term operating costs.”
“C-PACE financing is a key component and strategic advantage to meeting sustainability goals while also building long-term value of a property. Green building is not only a viable reality but also a powerful approach to making a lasting impact on the environment and your bottom line, while delivering what tenants demand.”
