After the U.S. Department of Energy halted its Energy Star program for medical office buildings in 2013, real estate investment trust Welltower developed its own proprietary system to evaluate total building performance.
The company’s Green Arrow Building Certification (GABC) program measures energy, water, waste, indoor air quality, and innovation. Over 230 properties in the U.S., Canada, and the U.K. participate in the program each year, with115 properties achieving certification.
The GABC program has helped identify areas of improvement and items in need of corrections. Most properties have seen a 1%-12% reduction in energy use as a result of the program. Energy, water, and waste usage are tracked monthly, and reports are sent to all real estate managers and engineers for review. Any buildings with an increased usage of 5% or more must be reviewed for probable causes to explain variances.
Welltower contracted with a third-party energy consultant to develop the program. Green Arrow was based on the foundation of both Energy Star certification and the Global Real Estate Sustainability Benchmark (GRESB).
Related Stories
Resiliency | Feb 16, 2016
Obama establishes federal earthquake risk management standard
The standard requires federal agencies to use earthquake-resistant design provisions in current building codes.
Codes and Standards | Feb 12, 2016
ISO releases national assessment and state-by-state building codes evaluation
Report covers 87% of U.S. population.
Codes and Standards | Feb 12, 2016
Huge fraud case involving alleged engineering impostors uncovered in California
Hundreds of buildings may have to be demolished.
Codes and Standards | Feb 11, 2016
New York governor makes emergency design-build authorization
The declaration was issued in response to Winter Storm Jonas which dumped over 18 inches of snow in parts of the state.
Green | Jan 29, 2016
USGBC names top 10 states for LEED green building
Illinois leads the list for the third straight year.
Codes and Standards | Jan 25, 2016
Dept. of Energy releases decision guides for plug and process loads
Plug and process loads consume about 30% of the primary energy in U.S. commercial buildings today.
Codes and Standards | Jan 22, 2016
ConsensusDocs releases new multi-party IPD agreement and joining agreement
The documents serve as a comprehensive revision of previous IPD agreement
Codes and Standards | Jan 22, 2016
State Savings Calculator analyzes savings associated with energy codes
The calculator breaks down the cost-effectiveness of energy codes on a state-by-state basis.
Codes and Standards | Jan 22, 2016
Metal Roofing Seaming Guide published by Metal Construction Association
The free document is specifically tailored for metal roof installation.
Codes and Standards | Jan 22, 2016
Treasury Dept. will start crackdown on illicit money in luxury real estate
The move is expected to impact high-end condo development.