INDUSTRY NEWS
PERSPECTIVE
Green foundations Navigating sustainable development initiatives in commercial real estate
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anaging costs while pursuing sustainable development initiatives and overcoming environmental challenges in commercial real estate requires deep knowledge of financing options, regulatory factors and certification requirements. Affordability can be achieved much more efficiently by partnering with a specialist in cost management, support that extends beyond consultation to actively provide actionable insights.
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The role of project management consulting can be critical in not only meeting sustainability demands and reducing costs, but it also can ensure timelines and regulatory requirements are met. Adoption of statewide building performance standards (BPS) continues to rise, building on the implementation of sustainable practices already established by organizations such as the U.S. Green Building Council’s (USGBC), Leadership in Energy
COMMERCIAL CONSTRUCTION & RENOVATION — ISSUE 2, 2025
By Conrad Gorny
and Environmental Design (LEED) and the Building Research Establishment Environmental Assessment Method (BREEAM). There are many factors to examine when establishing and meeting sustainability goals, chief among them rating systems, environmental considerations, federal acts and orders, affordability, and socio-economic drivers. Understanding these various aspects can be overwhelming, but choosing the right consulting partner with expertise to