LEED & Green Development

SINGAPORE - FEBRUARY 26: Urban landscape of Singapore. Skyline and modern skyscrapers of business district Marina Bay Sands at most financial developing Asian city state. Singapore February 26 2013

In today’s world, “green” development is gaining major momentum and capturing a large portion of construction/design market share when compared to conventional methods for commercial development. In 2015 approximately 40%-48% of new non-residential construction will be green, representing a market share of approximately $150 billion. This trend is expanding into the residential development sector, where by 2018 new, green single-family homes are projected to represent 84% of all construction. With green development playing such an important role in today’s economy, third party audit and verification of environmental claims is critical.

LEED, or Leadership in Energy and Environmental Design, is recognized as the world leader in third party green certification. The verification process is designed to hold participants accountable to meet clearly defined goals and optimize building performance. LEED offers four levels of certification, including Certified, Silver, Gold, and Platinum that range from new building design and construction to neighborhood development and new homes. New designs must meet a series of prerequisites to score points to achieve the desired certification level.

Obtaining LEED certification can have many benefits for new developments, including lower operating costs, waste reduction, water conservation, and greenhouse gas emissions reductions. New buildings can also benefit from tax rebates and zoning allowances in certain municipalities around the country when LEED certification is achieved.

For more information or updates about LEED, visit their website.

About the Author:

Zak Johnston is a Professional Engineer that specializes in residential and commercial development. Zak is passionate about sustainability, and works to promote green building design. Visit our website to learn more about how you can partner with Paradigm to improve your organization’s sustainability performance.