Green Building Update - June 25, 2008



*Seattle real estate company says customers willing to pay up to 25% more for LEED condos

*Green Building Focus

..NAHB green building legislation offers incentives to mortgage lenders

*Pasadena's LEED platinum "EcoHouse" represents modern, affordable design

*DOE issues $90 million for enhanced geothermal systems

*London's Battersea owners plan $8 billion development to include world's largest solar-driven ventilation system

*New cancer outpatient center in Grand Rapids to be

LEED certified

*LEED platinum is the new trend in high-end homebuilding

*Notable green building projects...

..Hines’ 2211 Michelson is the first LEED-CS certified silver multitenant office building in California and on the west coast

..Green, Greener, Greenest: Gerding Edlen Announces First LEED Platinum Certified Condo in the U.S.

..Phoenix Convention Center receives LEED silver for its 157,000 square feet addition

..University of Iowa's public health building seeks LEED silver

..IBM to build $75 million "largest green data center" in Canada

Please see full update for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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