Marcus Hiles Notes Incentives For Building Green

Marcus Hiles explains that as superyacht owners request hybrid, fuel-saving propulsion, luxury travelers desire sustainable accommodation, and corporations realize the financial benefits related to green buildings, the push for LEED Certified Apartment Construction is following suit. The USGBC website reported that the trend continues mainly because owners of green buildings faced an average of 19.2 percent ROI improvement for current buildings and about a 9.9 percent new project return. A recent Smart Market Report from McGraw Hill explains that residential builders cite reasons for building to LEED standards, with over 50 percent citing customer demand, three-quarters citing savings on energy bills, and about 70 percent receiving government or utility incentives, with nearly 65 percent noticing a competitive market advantage over less sustainable properties.

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