Real Estate Center
September 10, 2010
WASHINGTON, D.C. (Realtor Magazine-Daily) – Nearly one-third of new construction projects in the United States qualify as “green,” up from 2 percent in 2005, according to McGraw-Hill Construction.
The green category is obtained by becoming LEED-certified.
LEED, which stands for Leadership in Energy and Environmental Design, is the building rating system developed by the U.S. Green Building Council in 1998 to encourage environmental awareness. Buildings that acquire LEED certification demonstrate high standards in construction, operations, maintenance and have an environmentally conscious design. Becoming certified can add almost 4.7 percent to the cost of a project, according to studies by the University of Michigan. In return, these buildings can yield annual savings of approximately 20 percent – or more – on energy use.
For a peek into a LEED certified home that is on the market in Dallas’ coveted Highland Park neighborhood, check out this photo gallery. 3601 Euclid has received three ARC awards for outstanding construction and has Silver LEED certification.