CNT Building Displays Advantages of Green Retrofits
In 2005, CNT received a LEED (Leadership in Energy and Environment) Platinum designation from the U.S. Green Building Council for its renovation of its headquarters in Chicago. Today McGraw Hill Construction released a new market research study, Green Building Retrofit & Renovation: Rapidly Expanding Market Opportunities through Existing Buildings, which features CNT as a case study.
This report examines the economic impact of green retrofits. CNT’s LEED Platinum office building saves nearly $18,000 in energy costs annually and was built at a cost comparable to a standard renovation. Our building serves as a demonstration that energy efficient retrofits are a good investment. The recently released McGraw Hill report suggests that green building is more than just a trend and that existing buildings are the fastest growing market for green buildings.
Earlier this week, Vice President Biden unveiled the Recovery Through Retrofit report which highlights the benefits, including job creation and energy savings, of green retrofits to existing buildings. At the press conference, Nancy Sutley, Chair of the White House Council on Environmental Quality, that we must “build on the foundation laid in the Recovery Act to expand green job and business opportunities for the middle class while ensuring that the energy efficiency market will thrive for years to come.” In fact CNT has been working toward this end for many years, including the energy efficient retrofits to our office in 1987 and 2004 and the implementation of Energy Savers, a one-stop energy efficiency shop for multifamily building owners.
Learn more about the report here.