Developers could face fees if their structures don't earn LEED silver certification

The city's proposed green building policy may take effect in turbulent economic times, but Realtor Michelle Gila thinks the policy will pay long-term dividends.

"We look at markets over long periods of time," said Gila of Roots Realty. Gila, who worked on a stakeholders' committee to help form the policy, said the green building policy will contribute to Portland's "long-term economic stability and development in green collar jobs, which will have a positive effect on our region."

Portland Commissioner Dan Saltzman said Wednesday that the proposed policy will address climate change by offering a financial reward to commercial developers who exceed energy performance standards for their buildings. [Read full article]

By Sam Bennett,

DJC Oregon - December 5, 2008