When developing commercial real estate, using environmentally friendly practices isn’t just a trend but a requirement. Whether renovating a new office building or revamping an old store, developers must comply with the state’s sustainability regulations.
These rules shape how buildings are constructed, operated and even maintained. For developers and real estate professionals, staying compliant means meeting legal requirements and embracing practices that save money and benefit the environment.
Green building standards
In Tennessee, developers are focused on making buildings that are good for the environment. Through the Leadership in Energy and Environmental Design (LEED) program, builders ensure projects contribute to the effort to save energy.
While the initial costs of implementing these standards might seem daunting, the long-term savings on energy bills and maintenance costs make them a wise investment. Developers should see these standards not as hurdles but as opportunities to build responsibly and efficiently.
Energy efficiency requirements
When building new commercial buildings, like offices or stores, builders must include special features that help save energy. Energy-efficient lights and air conditioning systems are becoming a common staple in commercial real estate. The state is also encouraging the use of clean energy sources, like solar panels.
Water conservation regulations
The state has rules that encourage people to use special fixtures to save water and to set up innovative irrigation systems. For example, collecting rainwater and reusing water that would otherwise go down the drain are becoming more popular among commercial buildings.
Facing compliance issues?
It is critical to consult a commercial real estate lawyer who can help you understand what you need to do, make sure you’re doing everything right and even speak up for you if there’s a problem. They can help you with paperwork and ensure you meet all the requirements.