The Real Deal Miami

U.S. green building market accelerating

November 20, 2012 12:00PM

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