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Dreams of Green

Published 11/12/2007
Robin Goldwyn Blumental
Barron's

In many parts of the country, green developments are shaping up as one of the strongest segments of the faltering housing market.

"Green building has become hot," says Casey Roloff, developer of Seabrook, an upscale vacation community two hours west of Seattle that has taken the trend to heart.

All the residences, including the $1.5 to $2.5 million oceanfront properties, are accessible to town by a five-minute walk, reducing the need for fossil-fuel-burning cars. The landscaping is native to the area, to cut water use, and 25% of the raw lumber is harvested according to the most rigorous timber-conservation standards. The insulation is formaldehyde-free, and there's a high percentage of recycled content in the kitchen cabinets. The result: Roloff expects Seabrook's sales to double this year from last.

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