Wednesday, December 8, 2010

Green Building Picks Up Speed


Green building is accelerating in the United States, even in this down economy. According to the Las Vegas Business Press and McGraw-Hill Construction, one-fourth of all construction in 2010 will fall into the "green" category - an increase of 50% over the last two years.

"It's an amazing area of opportunity at time when the construction market is extremely challenged," McGraw-Hill Vice President Harvey Bernstein said in the story.

Going green can increase returns almost 10%, which is an incentive, McGraw-Hill said. The green mandate is increasingly being seen on commercial construction, particularly health care and government.

That's certainly good news and could foreshadow what could come when construction picks up as the economy improves.

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