5 Reasons To Focus On Sustainable Architectural Design
A few years ago, sustainable architectural design seemed to be a fad. Is it still a fad today? Learn the 5 reasons to focus on sustainable architecture here!
Why is sustainable architectural design such a hot topic? Because it is a heavy point of contention.
Construction professionals tend to cite "higher costs" as one of the biggest issues standing in the way of sustainable building. While costs are higher, the markup is approximately 5% over conventional architecture.
The truth is that are many perks to sustainable architecture. As society learns more about the benefits of this practice, it will likely continue to trend for all real estate related projects.
Don't get left in the dust. Keep reading to find out our top 5 reasons to focus on sustainable architectural design.
1. The Growing Market for Sustainable Architectural Design
The motto of most architects is as follows: "If they demand it, we will design it."
Demand for sustainable buildings is increasing—and high demand is the best incentive for any business. We typically having clients applying for "green roof" bonuses in Philadelphia to maximize unit counts while reducing extreme storm water management onsite.
Researchers expect the U.S. market for sustainable building materials to grow at a compound annual growth rate of 9.5%, reaching $69 billion by 2019.
These above average growth numbers are eye-opening. It shows that the popularity of sustainable architectural design is not wavering whatsoever.
2. The Environmental Benefits
Architects have a responsibility to ensure that their designs improve the environment around them.
Sustainable designs have many environmental benefits, including the following:
- waste reduction
- emissions reduction
- water conservation
- temperature moderation
- storm water management
There is no better way for architects to become purveyors of social change than to embrace sustainable designs.
3. Marketing Leverage
All businesses strive to obtain leverage. Leverage is at the core of creating value.
Who gains leverage from sustainable architectural design? Everyone involved does, including architects and developers.
Firms that use Revit to implement sustainable solutions will gain substantial leverage. People will notice their unique skill set and approach to design. And Revit helps the client understand the costs associated with green building before construction to mitigate any uncertainties.
4. Government Incentives
Another good reason to focus on sustainability is incentives. The government has good reason to encourage this approach to design.
In 2015, Fannie Mae announced that it would offer lower interest rates to multifamily properties with green building certification(s).
How much of a reduction do they offer?
There is a 10 basis point reduction in the interest rate. This can lead to significant savings in interest payments over a ten-year term.
5. The Opportunity to Become a Visionary Leader
The future of architecture is sustainable architecture. There are countless ways to incorporate new technologies into sustainable building projects.
The Nanjing Green Light House, for example, is a zero carbon building located in China. The building has the ability to reach a natural daylight level of 200 LUX throughout all of its working areas.
Sustainable architectural design enables architects to challenge themselves to become visionaries.
So what can you should you take away from all this?
Sustainable building is not just a fad—it's here to stay. There are several incentives to adopting the sustainable approach to design that will improve developer long term returns as well as save the environment.
Adapting to shifting demand and taking advantage of new technologies will pay dividends. The benefits not only apply to society at large, but also to individuals and businesses that choose to embrace it.
If you want to soak up more knowledge about modern architecture trends, check out our blog.