Sustainable property development is the process of applying processes and practices to develop and build structures that are environmentally responsible and resource-efficient throughout the property's life cycle.
Sustainable construction spans the value chain of development projects – siting, design, construction, operation, maintenance, renovation and deconstruction. It considers a building's complete life cycle and focuses on the reduction of resource consumption, reusing resources, protecting nature, eliminating toxins, life-cycle costs, and product quality.
Sustainable building development creates more environmentally and socio-economically responsible and resource-efficient models of construction, operation, maintenance, renovation, and demolition of buildings. It is undertaken to meet the goals of the developer, sponsors, investors, the community and other stakeholders for sustainable design and high-performance green buildings.