McGraw Hill has just released key findings of a new study/survey to be published in April, showing that while residential construction has collapsed over the last several years, green construction has been steadily growing – gaining significant market share in the process, and totaling approximately 17%, or $17 billion in 2011. McGraw Hill estimates that as residential construction rebounds, the green market growth with accelerate, exceeding a 30% share or $100 billion by 2016 – a five fold increase in five years.
For evidence of this green explosion one needed only to attend last week’s Better Buildings by Design Conference in Burlington Vermont. Produced by Efficiency Vermont, this “little” conference packed a punch – with informative and wide ranging talks on building science and efficiency, from luminaries such as John Straube of Building Science Corp and Bill Maclay of Maclay Architects, as well technical talks on ventilation by Barry Stephens of Zehnder America and data collection by Peter Schneider of Efficiency Vermont – to name just a very few.
And the exhibitor floor was packed with important players in the green building world from National Fiber to Preferred Building Systems. But perhaps the most important aspect of the conference were the attendees – a cross section of professionals committed to building more efficient, comfortable and healthy buildings. Contractors, architects, college professors, developers and specialists, made for two days of interesting and intense conversation that was impressive and inspiring. 475 was very happy to be there as an exhibitor and to meet so many dedicated people. We look forward to being back in 2013, and encourage you to be there too.
To many, many more better (green) buildings.