 |
| If Portland’s proposed “feebate” program is instituted, ultra-green projects like the LEED Platinum Casey condominiums would receive a rebate of up to $17.30/sf. |
Officials in Portland, Ore., have proposed a green building incentive program that would be the first of its kind in the U.S. Under the program, new commercial buildings, 20,000 sf or larger, that meet Oregon's state building code would be assessed a fee by the city of up to $3.46/sf. The fee would be waived for buildings that achieve LEED Silver certification from the U.S. Green Building Council. Those that achieve LEED Gold, LEED Platinum, or the Living Building Challenge, would receive rebates of $1.73–17.30/sf, depending on certification level.
Based on the same requirements, multifamily residential properties, 5,000 sf or larger, would also be eligible for rebates of $0.51–5.15/sf. Multifamily projects, 50,000 sf or larger, that receive city funding must meet LEED Silver standards.
For new single-family residential construction, the proposed program sets performance targets for the percentage of homes certified through either LEED for Homes or Earth Advantage. These targets increase from 20% in 2009 to 40% in 2011. If the targets aren't met at any point, the city of Portland will set up a feebate structure similar to that used for commercial buildings.
Related Stories
| Aug 11, 2010
CityCenter projects get LEED Gold
MGM Mirage and Infinity World Development have received LEED Gold certification for the first three CityCenter projects: the ARIA Resort hotel tower, ARIA Resort convention center and theater, and the Vdara Hotel (above). The CityCenter developers anticipate Gold or Silver LEED certification for the project's remaining developments, which include a Mandarin Oriental hotel, a 500,000-sf retail a...
| Aug 11, 2010
Luxury Hotel required faceted design
Goettsch Partners, Chicago, designed a new five-star, 214-room hotel for the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia. The design-build project, with Saudi Oger Ltd. as contractor and Rayadah Investment Co. as developer, has a three-story podium supporting a 17-story glass tower with a nine-story opening that allows light to penetrate the mass of the building.
| Aug 11, 2010
Lifestyle Hotel Trends Around the World
When the Rocco Forte Collection opens the Verdura Golf & Spa Resort in Sicily in early 2009, the 200-room luxury property will be one of the world's newest lifestyle hotels. Lifestyle hotels cater to guests seeking a heightened travel experience, which they deliver by offering distinctive—some would say avant-garde, or even outrageous—architecture, room design, amenities, and en...
