Bisnow Interviews VG CEO on How CA Drought Impacts Developers
Verdical Group Founder and CEO was recently interviewed by Bianca Barragan of Bisnow for an article discussing how California’s drought is impacting the decisions that developers make about their buildings’ design.
“The cost [of water] could really increase in the future if it becomes more and more scarce, so that’s a capital expenditure for the developer to be aware of. There could be cost escalation there,” Shula is quoted in the article. “So to the extent that they can minimize water use wherever possible, it makes for a better project and a more valuable project.”
He noted that water efficiency is a primary sustainability priority for almost every project the Verdical Group team consults on — particularly those in the state of California.
To learn more, read the full article here.