Developers may invest more in LEED-certified projects if state approves tax breaks

If passed in the Michigan legislature, several proposed tax breaks for LEED-certified new construction and building rehabs could prompt developers to invest more of their green in green buildings.

According to excerpts from the story:

Even though redevelopment of a former Fifth Third bank site in Eastown is ready to break ground this spring, Bazzani Associates Inc. might hold off awhile. Proposed legislation, expected to hit the floor of the state Senate by spring break, would offer tax breaks for new construction and building rehabilitations that achieve certification for Leadership in Energy and Environmental Design, or LEED.

"I would probably delay (the building) a bit in waiting for this," said Guy Bazzani, who helped write a package of bills introduced this month by lawmakers, including Sens. Wayne Kuipers, R-Holland, and Patty Birkholz, R-Saugatuck Township.

Read the complete story here.



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