[IMGCAP(1)]Sustainable development today is still so noteworthy that it has rapidly joined the criteria for awards from major trade associations. But just how long that will last is anyone’s guess, given the inspiration of rewards and economic value of green building. At some point in the not-too-distant future, most observers say, “Wow!” will become “So What?”

Not even a consideration five years ago, “green” design and building practices joined the factors considered when recognizing outstanding developments and developer. Green design is good design, says a recent honoree.

“A lot of architects are loving this. It’s just good design,” says Jim Lutz, senior vp of development of Malvern, Pa.-based Liberty Property Trust. His company was recently named Developer of the Year by the National Association of Industrial and Office Properties, in part because of its long-standing commitment to sustainability. The company also has been honored in recent years by ULI and CoreNet Global for its green initiatives, which now include 37 LEED-certified buildings completed or in the development process.

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