Thursday, March 15, 2018

Green buildings provide $6 billion in benefits to health and climate, says Harvard study

Environmentally-friendly buildings provide $6 billion in benefits to health and climate, says a new Harvard study supported by United Technologies.
These previously undocumented benefits are in addition to $7.5 billion in energy savings, for a combined $13 billion in total benefits.

The public health benefits include fewer hospitalizations and reduced climate impacts. The study says this is possible – if they’re energy-efficient buildings.Experts at Harvard University examined a subset of green-certified buildings over a 16-year period in six countries: the US, China, India, Brazil, Germany and Turkey. Known as HEALTHfx, the study found nearly $6 billion in combined health and climate benefits.
In some countries, health and climate benefits far exceeded – in dollar amounts – energy savings. Globally, the studied green-certified projects saved billions of dollars in energy costs. Globally, 33,000 kilotons of CO2 were avoided, equivalent to 7.1 million fewer passenger cars on the road for one year. 
For the full article click here

Tuesday, March 13, 2018

Boston’s building boom: New construction trends to watch

A growing and dynamic city like Boston needs ample housing construction to keep up with the constant stream of new residents. And while the demand for housing in the Boston area has been sky high, developers have to get creative and aggressive to meet the city’s needs due to its size and infrastructure. In July, Boston had the ninth-most cranes of any city in the country, and housing permits were up 12 percent in 2017 compared to the previous year, according to the Greater Boston Housing Report Card. The construction boom is not only adding much-needed housing stock to the area, but it’s transforming neighborhoods as well as the city’s skyline.

“Boston is in a growth cycle right now,” says David Goldman, principal with New Boston Ventures. “It’s a combination of the city really promoting development and housing and just Boston being a city where people want to live.”
New job opportunities and business growth have helped expand Boston’s population, as the five-county area surrounding the city has gained over 360,000 new residents since 2000. Employment and wage rates have also increased, but so has the number of homeowners paying more than 30 percent of their income on housing — 35.8 percent of area residents were considered “cost burdened” in 2015 compared to 26.7 percent in 2000, according to TBF. 
A sharp increase in housing demand exacerbated already-low inventory levels, driving up home prices in the metro area. Inventory woes continue to hamper sales and increase competition in the early part of this year. Politicians have taken to the issue, as Boston Mayor Martin J. Walsh has pledged to build 53,000 new housing units by 2030 and others have announced measures to loosen inventory.
For the full article click here

Monday, March 12, 2018

Going up: Elevator technology is reaching new heights in skyscrapers across the globe

During the next two years alone, 187 skyscrapers are expected to pop up across the globe — each of which will rise 820 feet in the air. As developers look to build taller and taller, some elevator companies are exploring ways to revolutionize vertical travel.
A recent report by Bloomberg examined new technologies addressing speed, capacity and, in some cases, direction in skyscrapers of the future. In this video, The Real Deal looks at the go-to technology that’s being engineered by some of the world’s leading elevator firms.
For the full article click here

Friday, March 2, 2018

15 Hudson Yards tops out as megaproject preps for spring 2019 debut

Hudson Yards is on track to open next March