When investors demand green buildings

Solar panels along the walls and on the roof of the Epic building in Hollywood help power the building.
Solar panels along the walls and on the roof of the Epic building in Hollywood help power the building.PHOTO: NYTIMES

(NYTIMES) - When the developer Lendlease opens its US$600 million (S$816 million) residential and office complex in Los Angeles, expected in 2025, the site will have the typical hallmarks of sustainable development: proximity to a light-rail stop, an all-electric residential tower, solar panels and a pedestrian plaza.

But such features are considered commonplace these days. What makes this development more striking is how sustainability is not simply an amenity or signifier of corporate responsibility but a core feature of its financing plan.

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