The Green Building Opportunity Index
The Green Building Opportunity Index is the first office market assessment tool to provide weighted comparisons of top U.S. office markets on the basis of both real estate fundamentals and green development considerations.
4/1/2010
Focusing on the primary factors that influence successful development, retro-fitting, leasing and sales of investment grade "green" office buildings in the 25 largest U.S. Central Business Districts (CBDs), the Index compares a market's relative position to its peers in six categories: Office Market Conditions, Investment Outlook, Green Adoption & Implementation, Local Mandates & Incentives, State Energy Initiatives and Green Culture.
Over 100 variables were compiled using proprietary data and supplemented with information from leading industry sources. These variables were selected as representative of the financial, market, policy and cultural factors that affect a property's financial performance when considering investments in sustainable building design, operations and/or certifications.
The data consists of traditional real estate metrics such as vacancy rates, absorption and growth forecasts, combined with other indicators-direct and indirect-of a given market's resources, incentives, and maturity in promoting and delivering an inventory of green buildings.
The Index ranks each market on a scale comprised of six main categories. To determine a market's position in a particular category, each is ranked across several variables.
Then, the market with the highest score is assigned a value of 100, with the remaining markets receiving a value based on their position relative to the leader. The results for each variable are then totaled, giving a combined market score for the category. The summarized scores are then recalibrated, with the highest market total set to a value of 100. The remaining markets then receive a final ranking based on their position relative to the leader.
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025