The Building Owners and Managers Association (BOMA) International and the Greater Boston Real Estate Board (GBREB) released a report, “An Economic Perspective on Building Labeling Policies,” that questions the efficacy of mandatory building energy labeling. “Mandatory benchmarking and energy labeling often adds expense to building owners without necessarily improving energy efficiency significantly,” commented BOMA International Chair Joe Markling. The report did find evidence that building labels could boost property values, with properties that receive a “green” score seeing appreciation in their market value and properties receiving a brown score experiencing depreciation.
Related Stories
Office Buildings | Oct 21, 2019
IH Mississippi Valley Credit Union headquarters completes construction
LEO A Daly designed the building.
Office Buildings | Oct 17, 2019
New social campus for innovators, tech leaders covers a full city block
Hollwich Kushner, with Gensler as design development architects, designed the building.
Office Buildings | Oct 15, 2019
New 80,000-sf coworking space completes in Chicago
It is the third ‘Spaces’ location in Chicago.
Office Buildings | Oct 8, 2019
David Chipperfield Architects to design new Rolex USA headquarters
The project will replace the existing building that has been occupied by Rolex since the 1970s.
Healthcare Facilities | Oct 1, 2019
Medical offices are filling space vacated by retail
Healthcare developers and providers like the locations, traffic, and parking these spaces offer.
Office Buildings | Sep 25, 2019
'Catalyst' will be Washington’s first CLT office building
Katerra is the design builder for the project with Michael Green Architecture as the design architect.
Office Buildings | Sep 6, 2019
New office complex in Southern California strives to create a Silicon Valley-like campus vibe
FLIGHT at Tustin Legacy includes 100,000 sf of amenities, and is laid out to tie into the surrounding city.
Office Buildings | Sep 3, 2019
A new HOK report focuses on designing offices for a neurodiverse workforce
Emphasizing inclusion and choice is a key component.
Giants 400 | Aug 8, 2019
Top 110 Office Sector Construction Firms for 2019
Turner, STO Building Group, AECOM, Clayco, and Clark lead the rankings of the nation's largest office sector contractors and construction managers, as reported in Building Design+Construction's 2019 Giants 300 Report.
Giants 400 | Aug 8, 2019
Top 100 Office Sector Engineering Firms for 2019
Jacobs, Burns & McDonnell, WSP, Thornton Tomasetti, and Arup head the rankings of the nation's largest office sector engineering and engineering architecture (EA) firms, as reported in Building Design+Construction's 2019 Giants 300 Report.