Thursday, February 26, 2009

Great big green ideas in the building industry waning?

Construction industry stakeholders are increasingly recognizing green building capabilities as “good”—and being a necessary part of a firm’s best practices, ending the view of green building as a niche sector, according to FMI’s 2008 U.S. Construction Overview

According to the Overview, green nonresidential construction put in place was $13.4 billion in 2006, and by 2008 $21.2 billion of all new nonresidential construction will employ the use of green building principles. The growth in green construction has created a shift in perception among owners and the architectural and engineering communities. Construction industry stakeholders have embraced the green movement and sustainable design for its energy savings, worker productivity increases and positive public perception, the report states.

In 2008, the three largest segments for nonresidential construction green building—office, education and health care—will account for more than 80 percent of total nonresidential green construction. Other segments such as lodging and commercial are also experiencing green construction growth, with a 20 percent gain expected from 2007 to 2008.

That article was from January of a search today on the tern "green construction industry" that was the most recent result. Most of the content was from 2007 or even 2006. Before the recession was in full swing. Before the housing market tanked.

So where are they now? Is construction still moving towards green? Or has green given way to the red ink that fills the account books of construction companies? And if the green has stopped flowing, will it pick up again as the economy recovers? Your thought?