The Yudelson Associates Blog: What's New
Thursday, August 30, 2007
Retail Green Set to Grow Dramatically!
The retail industry builds or renovates $25 billion of stores every year, second only to the $31 billion spend on offices in the commercial building sector. (Engineering News-Record statistics, issue of July 30, 2007, p. 23). Earlier in August, Best Buy announced that all their new stores would be LEED-certified. Now, later in August, the Retail Industry Leaders Association announced the unveiling of the RILA Sustainability Initiative, designed to advance “socially sustainable” activities and gain recognition for members engaged in environmental stewardship. “For years, our members have been embracing stewardship and sustainability,” said RILA President Sandy Kennedy, in a statement. “Through the RSI, we will gather the leading retail companies in the country to advance activities and business practices that will move the industry forward as a whole.” Casey Chroust, RILA’s senior vice president of retail operations, who will spearhead RSI, said the new initiative will be a forum for the retail industry “to design programs and solutions for environmental compliance and voluntary sustainability leadership.” We expect this program to result in major green building initiatives by many leading retail chains.
Posted by Jerry on 08/30/2007 at 08:58 AM
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Wednesday, August 08, 2007
Growth rates in energy-efficient lighting lead green building technologies
The Freedonia Group’s market research shows an advanced lighting products market of $4.4 billion by 2011, led by compact fluorescent bulbs, which should totally displace incandescent bulbs from the residential and commerical markets by that time. Building applications will lead the way for advanced lighting products. Gentlemen, replace your bulbs!
Posted by Jerry Yudelson on 08/08/2007 at 07:04 PM
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Tuesday, August 07, 2007
Green Buildings Critical to Cutting Global Energy Demand Growth, New Report Says
According to the July 2007 McKinsey Quarterly, residential and commercial buildings worldwide represent 35 percent of end-use energy demand. Using available technology, cost-effective measures found in all green buildings could reduce demand by 21 percent in the residential sector and 20 percent in the commercial sector. Because 75 percent of the projected growth in demand will come from the developing world (nearly half from China alone), tranferring green building and energy-efficient building methods to this sector is critical to controlling carbon dioxide emissions from energy production and use. In the residential sector, simple measures such as building insulation and energy-efficient large appliances can help stem the tide of ever-rising energy use. But market forces alone will not produce this result: some form of government incentives and financial aid will be required.
Posted by Jerry Yudelson on 08/07/2007 at 08:10 PM
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Thursday, August 02, 2007
Green Developers Cash In Big-Time!
Gerding Edlen sold 350,000 sq.ft. of green office space, 210,000 sq.ft. of apartments (The Louisa, in which I lived during 2005 and part of 2006) and 100,000 sq.ft. of retail space for $292 million, getting the highest prices ever for Portland Class A office space. An early green building pioneer, Gerding Edlen has more than 30 LEED-registered projects and many certified, including the world’s largest LEED Platinum-certified building, also in Portland. By creating a strong mixed-use project in a former industrial district, Gerding Edlen not only built green, but also made a major contribution to the development of Portland’s “Pearl District” neighborhood, one of the country’s outstanding example of urban redevelopment.
Posted by Jerry Yudelson on 08/02/2007 at 08:07 AM
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