Despite the Economy, Owners Invest in their Buildings

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The latest market research report from McGraw-Hill Construction on retrofit and operational improvements being made to America’s building stock of offices, university buildings, and healthcare facilities, shows that despite the economy, owners are investing in their buildings—and they plan to continue to do so, pointing to opportunities in the market. This report, entitled A Path to Achieving Higher Building Performance through Retrofits and Ongoing Operational Improvements is available to AIACC members, free of charge.

The study helps reveal planned owner activity in building improvements as well as the drivers that will help make the case to owners that can be identified through MHC’s Dodge BuildShare and SpecShare services. Here are some statistics from the report of interest:

  • Owners report business benefits from investments in high performance building improvements, including estimated ROI increases of 13% for commercial building owners, 18% for healthcare, and 15% for higher education. This provides more evidence of the benefits of investing in green or high performance products, technologies and services.
  • Owners are investing in buildings for a variety of reasons—it isn’t only about energy savings. 83% of owners cite better health and well-being as a driver to building investments, and 63% cite improved occupant satisfaction. These factors are most important for healthcare and higher education owners.

The report provides new market research data as well as high-profile project case studies highlighting the activities, drivers and plans of building owners in the office, healthcare and education sectors.

Click here for a copy of the report, published in partnership with Siemens. It will officially be released and available for download on the SmartMarket Report tab at where you can find all McGraw-Hill’s trend reports, forecasts, and other online products.


Nicki Dennis Stephens

Nicki Dennis Stephens is the Senior Director for The American Institute of Architects, California Council. Focusing on expanding the value of architects and architecture, Nicki is dedicated to serving the needs of members and AIA components throughout California.

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