Green building industry has grown at a very impressive rate and experts predict that it will continue to grow by as much as 400% in coming years. The motivation to build green also comes from the business opportunity it represents. Builders all over the world surveyed recently reported being involved in green construction on some level. Green building provides an assortment of economic advantages and therefore is the future of all building.
The impact of 'green' has united disciplines that have worked independently from one another, such as architects, engineers, builders, material suppliers, community planners, mortgage lenders and contractor trades. Many architecture and engineering firms have experienced that sustainable design projects were, on average 25% more profitable than conventional project. Some of the benefits that builders of green building enjoy are:
- Competitive advantage because of higher quality
- Less construction waste
- Lower material and labor costs during construction
- Reduced purchase cost of mechanical equipment
- Reduced callbacks and warranty claims