Maryland Developer Colvin Donates 3 Million For Green Real Estate Program : The Real Estate Bloggers

Maryland Developer Colvin Donates 3 Million For Green Real Estate Program

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UofMarylandA grant of 3 million dollars by Baltimore developer John Colvin and his wife will be used for a new green real estate program at the University of Maryland.

I am not a big fan of environmentalism for the sake of environmentalism. What I am a fan of though is taking the best of technology and applying it to reduce the energy usage by innovation without sacrificing the quality of life for typical Americans. Those that fly around in their private jets, Al Gore, to tell us to stop global warming really drive me batty.

But for a developer to donate money for green innovation I think is great. As long as the pointy headed academics do not take over the program and politicize it, I think the potential to add to innovation and energy saving features in homes makes a great deal of sense.

It is a win win situation, we use less energy, we save the homeowner money, and the technology that is developed can be shared across the world. That is the right way to be green in my book.

The donation from John Colvin and his wife, Karen, will be used to create the Colvin Institute of Real Estate Development in Maryland’s School of Architecture, Planning and Preservation. The donation will be used to create a new track in the program focusing on green design, sustainable development and energy financing.

Colvin, a University of Maryland graduate, is a principal at Baltimore-based real estate development Questar. The new institute will be the academic home for the university’s master’s degree in real estate development track.  via Washington Business Journal

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There Are 2 Responses So Far. »

  1. It’s nice to see someone not just talking about going Green but putting their money up to make it happen.

  2. It’s the right way to green in my book also. I think they should offer tax breaks for incentives to do these types of things for the enviroment.

    I think the thing of the future will be making these type of homes architechtually appealing.

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