Current and future green building trends are set to shape the industry on multiple levels.
The growing importance of green building design has global implications as designers and political leaders look to improve efficiency and reduce the impact of human populations on their environments.
According to www.designmind.co.za, 2013 will follow the trend of developing high-rise residential, apartment and office towers, as well as apartment blocks and blocks of flats based on the latest green standards. In addition, existing buildings will continue to be renovated to improve efficiency.
An emerging market for solar cells integrated into rooftops, windows and other building facades is poised to quadruple in value in the next five years, according to a report from Pike Research.
Innovative green building practices of the past are becoming more common place and are indeed expected as Generation X and Generation Y enter the housing market. “Low waste and high efficiency are no longer just good selling points, they have become decision-breakers for a much more savvy and discerning investor,” states www.designmind.co.za.
A premium on better efficiency
Emerging Trends in Real Estate 2013, published by Urban Land Institute and PWC, indicates that tenants are willing to pay more rent in return for improved efficiency, green building layouts and lower operating costs in LEED-rated, green projects. New green buildings have the potential to lure tenants away from old-school “brown” buildings that are increasingly obsolete.
Wide-spread urban and sub-urban redevelopment and renovation projects are expected in existing neighbourhoods. Infill housing programmes aim to rebuild neighbourhoods by eliminating vacant, dilapidated or abandoned properties. “The increased availability of affordable homes for low- and moderate-income families will be integrated with current and future transportation, community shopping and recreation facilities,” states the website.
Another trend is the development of net zero communities, which are the next frontier in energy-efficiency and sustainability. Net zero communities aim to use as much energy as they create, but the scope of an entire community optimised for energy-efficiency is a real challenge. Still, the opportunity presents a cost-effective model for renewable energies and economies of scale in technology procurement and development.
Full acknowledgement and thanks are given to www.designmind.co.za for providing the information to write this article.