This article presents a brief overview of the risks of sustainable buildings and green building design. Risks are always inherent in any new construction project. One of the biggest considerations when constructing a new building is what will the eventual location be? A building can be located anywhere, but this depends upon many factors. How much money can be borrowed for this construction? What kind of tenants or occupants will be located in the building?
The location of a building can have a huge impact on its structural integrity, and this can result in unexpected failures or unexpected successes. One of the risks related to land usage is that of property lines and sewer lines. These can come into play if land usage is over zealous or too lax. In order to avoid any unexpected issues like this and more, it is important to consult with an architect who specializes and understands the issues of land use and environmental regulations that are often associated with property lines and sewers.
Green building design is becoming more common across the United States. This type of design is becoming very important and should be considered when planning any new construction. There is a big difference between “green” and “sustainable”. When an architect designs a green building they are looking to both reduce the overall carbon footprint of the structure and improve air quality throughout the building by minimizing the amount of energy used to power the facility.
The key to sustainable buildings is reducing energy consumption, while improving air quality at the same time. One of the largest challenges in constructing this type of building is actually constructing it at all – since it is so large, a building requires a significant mass of materials. It can take a long time to find sufficient raw materials and even after locating them, the logistics of transporting these materials to the construction site can be problematic. This presents a real estate risk of vacancy, which significantly decreases the income of the tenants of the property.
One issue of concern for this type of building is the related risks to the surrounding community. When a building is located at a main street, nearby businesses can experience a loss of business or even have to close down if too many people come into contact with the toxic fumes. A new building on a main street will inevitably draw more traffic, which increases the demand for public transport, and increases the costs associated with energy consumption. This is another real estate risk management issue.
Other environmental concerns are posed by the associated risks to the biodiversity in a region. If a building’s construction causes the demolition or removal of a significant number of trees, or the proximity to a major urban area increases the risk of seeing an increase in species such as birds, bats, or rodents. This problem can also lead to an increase in respiratory conditions such as asthma and may cause an increase in related respiratory conditions such as allergies, hay fever or eczema. A related risk of concern to the environment is directly related to the risk to the occupants of the building itself. Since the building itself will be full of people who are potentially exposed to toxic chemicals, fumes and noise, it is important that adequate measures be taken to mitigate the risk of these environmental issues before construction begins.
One way of mitigating these environmental risks is through the use of energy efficient appliances and equipment. Another way of doing so is through the use of materials that are more durable and less hazardous to the environment, in turn reducing the associated risk related terms. These terms are a combination of both environmental and financial terms that deal with how the risk related to the project and related projects affects the financial terms and conditions of the investors who fund the projects. Investors can lose money if the projects they fund cannot successfully complete their objectives.