Skip to main content

U.S. Green Building Construction Set to Rise Further

Phil Hall
Feb 16, 2016
U.S. construction companies are going to ramp up their green building activities in the next three years, according to a new study released by Dodge Data & Analytics

U.S. construction companies are going to ramp up their green building activities in the next three years, according to a new study released by Dodge Data & Analytics.

U.S. construction industry polled for the study said that they projected more than 60 percent of their projects would involve green building by 2018. The greatest percentage of green-oriented construction will involve institutional projects (including schools, hospitals and public buildings), retrofits of existing buildings and new commercial construction (including office and retail buildings).

However, the study also found that the U.S. has the lowest percentage of respondents who report that their company uses metrics to track green building performance–only 57 percent, compared to a 75 percent average globally.

"The strong U.S. industry for green building projects is clearly an opportunity for U.S. firms, but so is the rapid rise of green in many of the developing countries," said Stephen Jones, senior director of industry insights at Dodge Data & Analytics. "Expertise from experienced green designers, builders and manufacturers from the U.S. is likely to be essential to support the aggressive green building expectations revealed by the study respondents."

The study, which also tracks green building in other parts of the world, is titled “World Green Building Trends 2016: Developing Markets Accelerate Global Green Growth SmartMarket Report” and was conducted with support from United Technologies Corp. and its UTC Climate, Controls & Security business. 

Published
Feb 16, 2016
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021
New American Funding Hires Regional Manager

Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region

Industry News
Oct 21, 2021
Rocket Pro Announces Initiatives To Boost Brokers

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021