Benefits of the Green Development Model

Improved Development Fundamentals
Green buildings have proven to achieve faster development approvals and superior planning concessions including improved site densities, reduced fees, and up-zoning that significantly enhance development financial returns. Green buildings also tend to save their owners money in the long-term due to energy, water and other efficiencies.

Marketing Advantage, Better Tenant Retention
Green projects typically sell or lease faster, at a premium, and retain tenants better because they combine superior amenity and comfort with lower operating costs and more competitive terms. The resulting gains in occupancies, sales, rents and residuals all enhance financial returns. Marketing and advertising costs also tend to be greatly reduced due to high levels of interest in these projects and the positive press that they receive in the community.

Improved Labor Productivity/Less Downtime
Case studies show that the acoustic and visual comfort, together with higher indoor air quality standards of green buildings lead to labor productivity gains between 6-16 percent, improving sales in retail shops, boosting quality and overall output of goods in manufacturing facilities, enhancing learning in schools and faster rates of healing in hospitals. For employers, labour represents the most significant long-term cost of running a business and small green building investments up-front can have very significant labour cost savings in the medium- to long-term

Enhanced Human and Ecosystem Well-Being
Green buildings can meet the human needs of providing healthy sheltered space, while protecting and enhancing ecosystems at the same time. A green building project is not considered to be successful unless humans, ecosystems, and economics all benefit together.