Home | Industry Information | Business News | Browse by Publication | R | Real Estate Issues

Focus on the environment: going green pays off for two leading businesses.(INSIDER'S PERSPECTIVE)

Publication: Real Estate Issues
Publication Date: 22-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
INCORPORATING BUILDING DESIGN ELEMENTS that are environmentally sensitive. Embarking on facility retrofits to conserve resources. These are no longer daring, radical concepts employed only by avant-garde thinkers with deep pockets. Today, going green isn't just a feel-good proposition that a...

View more below

Read this article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 7 Days!
Tell Me More   Terms and Conditions

Purchase this article for $4.95

Already a subscriber? Log in to view full article

...can get company positive headlines and community applause.

Whether they are starting a building project from scratch or finding ways to retrofit existing facilities, companies that have committed to saving energy and resources are now enjoying national recognition--and significant financial rewards. Two examples:

* Bank of America -- The financial giant is building a cutting-edge, $1 billion skyscraper in downtown New York that will generate 70 percent of its own electricity, cut water consumption in half, and rely on local and recycled materials for construction.

* Adobe Systems Inc. -- The renowned developer of graphic design software has completed dozens of retrofit projects at its Silicon Valley headquarters that have had the aggregate effect of decreasing energy use by 35 percent, natural gas use by 41 percent, domestic water use by 22 percent and landscape irrigation by 76 percent.

Adobe has already earned the U.S. Green Building Council's LEED Platinum designation, the top rating that signifies meeting tough criteria for sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality. Bank of America is well on its way to becoming the first in the nation to receive this widely recognized certification for a high-rise building.

Both companies are also gaining from attractive fiscal benefits. Bank of America is receiving a Green Building tax credit...

NOTE: All illustrations and photos have been removed from this article.



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.