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Cleveland State University

ETD Archive

2016

Economic Impact

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Full-Text Articles in Urban Studies and Planning

Green Buildings: Lease Structure, Productivity, And Regional Economic Impacts, Eun Kyu Lee Jan 2016

Green Buildings: Lease Structure, Productivity, And Regional Economic Impacts, Eun Kyu Lee

ETD Archive

In an effort to apply the sustainability movement to the built environment, sustainable construction has gained substantial strength and momentum in global society. A growing body of literature reveals the positive effects of sustainable, or green, buildings in terms of real estate market premiums, energy cost savings, employee productivity, and regional economic growth. In this context, my dissertation examines three research topics pertaining to sustainable buildings, and does so in three separate chapters.

The first study discusses the effect of lease structure on the tenant’s willingness to pay for energy-efficient building features, and compares the tenant’s stated willingness to pay …