Sustainable Building Industry in Phoenix, Arizona

Abstract

This article serves as a brief analysis of the sustainable building industry in Phoenix, Arizona. The process begins by illustrating the need for this type of development by discussing the benefits, the financial feasibility, and the overall need for these types of buildings in the larger context of our world. Phoenix, Arizona’s market, environment, and population are then briefly introduced and discussed. The project incorporates both qualitative and quantitative components; including case studies of a diverse set of green buildings in Phoenix from several different asset classes, as well as in-depth discussions with industry professionals who played roles in these projects. The study aims to discern what works with regards to sustainable building in Phoenix and what does not. Quantitative data is used to understand building features, compare resulting energy savings, discuss the economics of each of the projects, and justify their overall success from a financial perspective. Qualitative data is used to understand and discuss the motivations of each of these projects as well as any additional information that industry professionals bring up. The understanding of the success of these projects is meant to inspire future developers in Phoenix, Arizona, and perhaps other markets, to pursue sustainable building as a means of producing higher quality, more prosperous development projects.