The fast rise of green construction technology is encouraging, particularly during this time of economic uncertainty. Green projects—mostly in the form of energy-efficiency building retrofits—lately have been working their way into the market as funds for new projects have evaporated in the credit crisis. However, many of these systems are not performing as touted, especially cleverly hyped geothermal heating systems that are plagued with inflated savings claims and deficient designs. These deficiencies have been slowing acceptance of a basically sound and environmentally sensitive approach to design and construction. Photo: Stantec Related Links: As More Buildings Go Geothermal, Project Teams Are
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.