More of the nation’s
apartments and condominiums are going green as multifamily builders and
developers respond to growing consumer interest in sustainable building
practices, according to a recent survey by the NAHB.
More of the nation’s apartments
and condominiums are going green as multifamily builders and developers respond
to growing consumer interest in sustainable building practices, according to a
recent survey by theNational Association of Home Builders.
Steve Patterson, chairman of NAHB’s Multifamily Leadership
Board and an apartment and condo developer from Orlando, Fla., noted, “With
today’s heightened consumer interest in green, multifamily builders are
embracing more green and recyclable products, and are more willing to invest in
energy efficiency.”
In the survey, which polled multifamily builders and
developers nationwide on their green building practices, 89 percent of respondents
reported that they are installing energy-efficient appliances and lighting in
their multifamily communities. The survey also found that 50 percent are using
significantly more insulation than required by building codes - a number that
rises to 70 percent of West Coast respondents.
While a majority of the survey respondents - 74 percent -
said that renters and condo buyers are willing to pay more for green amenities,
the median additional amount they are willing to pay is only about 2 percent.
More Apartment, Condo Builders Choose To Build Green
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