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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. trillion in 2018, then surpassed $35 trillion in 2020. savings over five years.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Create options for multiple modes of transport – bikes, cars and transit should all be factored in. Where would you like to see this type of neighborhood development? Send me a message.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

As part of the project, developers are sketching out plans for a pair of office towers at least 41 stories tall on a 4.6-acre Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Purchased in 2018 for $2.64M, the owner is seeking $4.99M, $1640/sq. Who needs a car?! bath , 3049 sq.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 housing market needs 3.8 We are on the right track. million units.