Driving up the cost of doing business in St. Paul
From Finance & Commerce:
City of St. Paul adopts green building policy
The city of St. Paul is moving ahead with green building requirements for new construction projects that receive at least $200,000 in city funding.
Under the city’s sustainable building policy, approved Wednesday by the city, building projects that receive $200,000 or more in city loans, grants or “other funding vehicles” must meet green building standards as defined by a rating system such as LEED.
St. Paul officials say the city is the first in the state to adopt such a policy.
An advisory group of “architects, designers, contractors, developers, bankers, and regulatory agencies, as well as city staff and other industry representatives,” worked for more than two years to develop the policy, the city noted.
Under the new policy, developers can take their pick of seven rating systems to satisfy the requirements. A partial list of approved rating systems includes LEED Silver or Green Globes 2 for commercial projects or LEED for Homes or Minnesota GreenStar for residential construction.
Cross-posted at Sue Jeffers' KTLK Blog.
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