In the News

Why Going Green Means Big Business in the Construction Industry

Date: 03/28/2014

Company: Project Frog

Source: Inc.

by Issie Lapowsky

Gone are the days of green building being a niche market. Today, it’s a big business that’s the future of the construction industry.

Eco-friendly construction is no longer exclusively the jurisdiction of iconoclastic clients or small, hippie-run companies. As the housing market has recovered, the industry has lured talent from every sector and is now growing at a rapid clip–sealing its place on our list of the top industries of 2014. According to the U.S. Green Building Council, total revenue across the industry should grow to $245 billion by 2016.

We asked three small companies in the green construction industry how they broke into the business and what they learned along the way. Here’s what they had to say:

Keep Costs Low

The first thing to know is this: No matter how good it may be for the environment, very few people are willing to “go green” if the alternative is cheaper. That’s especially true in the construction industry where, for commercial buildings, traditional methods could be millions of dollars cheaper.

Ann Hand, CEO of Project Frog, learned that lesson the hard way. When she joined the company in 2009, taking over from its founders, Project Frog’s iconic modular buildings only came in one shape and size and were substantially more expensive than the alternative. But, in terms of green benefits, the buildings featured plenty of natural light, which both cut down on artificial lighting and provided warmth during daytime (i.e., peak) hours. And because they were manufactured off-site they almost completely eliminated waste from the building process. What’s more, they could be constructed in a matter of days.

Read full story at Inc.

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