LEED-certified existing buildings are outpacing their newly built counterparts, according to the U.S. Green Building Council (USGBC). As of this month, square footage of LEED-certified existing buildings surpassed LEED-certified new construction by 15 million square feet on a cumulative basis.
USGBC released the information this morning.
Historically, USGBC has seen the stock of LEED-certified green projects overwhelmingly made up of new construction projects, both in volume and square footage. That began to change in 2008, when the LEED for Existing Buildings: Operations & Maintenance (O&M) program began experiencing explosive growth. In 2009, projects certified under LEED for Existing Buildings: O&M surpassed those certified under its new construction counterpart on an annual basis, a trend that continued in 2010 and 2011.
“This new data marks the first time that LEED-certified existing buildings have surpassed LEED-certified new construction cumulatively,” said Rick Fedrizzi, president, CEO and founding chair, USGBC. “The market is becoming increasingly aware of how building owners can get better performance through green operations and maintenance, and tools such as LEED for Existing Buildings: O&M.”