The Real Deal Miami

U.S. green building market accelerating

The Miami Green building near Coral Gables

The U.S. green building market is continuing to accelerate, according to the 2013 Dodge Construction Green Outlook report from McGraw-Hill Construction. The total green market, including residential and non-residential, is expected to be worth $85 billion this year, with new green construction projected to rise to between $98 billion and $106 billion by 2013. “We’re seeing tremendous growth in green building, providing a bright light in an otherwise uncertain economy,” said Harvey Bernstein, vice president for industry insights and alliances at McGraw-Hill Construction. “Not only does this mean a strong outlook for green building, but also the benefits that go along with that: more jobs, greater financial benefits from green and higher performance buildings, stronger competitive positioning for those firms that build green and healthier work and learning environments for our population.” — Alexander Britell