United States:
Sustainable Development: Push vs Pull
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Sustainable development practices started as a push, with
building owners and occupants pushing the industry to create
superior product. Slowly, governmental entities have begun to pull
developers in the same direction by offering incentives, such as
increased floor area ratios or maximum density. It is inevitable
that these entities will ultimately move toward mandates, without
incentives, but we haven't reached that point. Attached is a
germane article showing recent activities at the federal level.
http://switchboard.nrdc.org/blogs/wfok/tenant_star_market-driven_ener.html
This article is presented for informational purposes only
and is not intended to constitute legal advice.
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