Big Box Stores Jump on the Green Bandwagon

Big box retailers are seeing increased demand for green building products and materials.

Home improvement stores like Home Depot and Lowe’s have kicked up their marketing push for energy-efficient and eco-friendly products sold in their stores, the Times Herald-Record of Middletown, New York, reported earlier this week. Due to increased awareness of issues like sustainability and climate change, as well as rising fuel costs, customers have been requesting projects like energy-saving light bulbs, efficient insulation, and energy-saving appliances in record numbers.

Natedra Banks, the senior manager of environmental innovation for Home Depot, told the paper that “builders, in general, want to know which products would give them more LEED credits, and you also have those people who want to know what they can do it themselves to make an impact on the environment.”

The paper reports that by 2010 as much as 10 percent of all new housing is expected to be constructed using environmentally-friendly materials, creating a $38 billion industry. Right now, that number stands at a mere 2 percent.

about gbNYC

gbNYC is a multi-disciplinary consulting and real estate services firm. In addition to representing office tenants and commercial buyers in leasing and acquisitions, we also provide innovative consulting solutions from a unique, green building perspective. We advise on green building financial incentives, comment on proposed green building marketing strategies, author white papers, treatises, and market analyses, organize seminars on the LEED process and professional accreditation, and provide advice and analysis on green building risk management and the overall state of green real estate, leasing, and construction, in New York City and beyond.

Our blog, the gbNYC+ journal of real estate, law, + sustainability, delivers consistent, original content - from a New York City perspective - on how technology, data, and sustainability are changing how we interact with our built environment. Subscribe below and receive new articles as they're published or connect with our social media presence to join our ongoing conversation about real estate and sustainability, in the Big Apple and beyond. Contact us at (201) 835-8530 or for more information about our services and to discuss how we can assist you.

, , , , , , , ,

No comments yet.