Green Building Update - July 9, 2008



*The American Council On Renewable Energy announces largest renewable energy conference in the US: February 25-27, 2009

*Green Building Focus

..Study shows that 14% of US cities require green building standards

..UN report calls for more sustainable real-estate development

*CalHFA earmarks $50 million for affordable "green" housing in San Jose, Salinas and Santa Cruz

*CIM Group's purchase of $412.5 million in Oakland high rises includes LEED development

*Green building materials manufacturer in Los Angeles

*Los Angeles launches $300,000 pilot program to boost sustainable design

*Revitalized LEED for Existing Buildings certifications to include operation and maintenance

*Hotels reducing energy consumption while resisting enrollment in formal green programs: USGBC

*Massachusetts signs landmark renewable energy bill

*Notable green building projects...

..3.3 million square foot industrial development in Fontana seeking LEED certification

..Express Scripts' $50 million headquarters achieves LEED certification

..Arizona Public Service receives two LEED silver certifications for existing buildings

..USAA office in Tampa becomes first LEED certified existing building in Florida

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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