Monday, September 29, 2008

GB Exchange Closes

The Green Building Exchange on Main Street in Redwood City closed its doors. It was a great idea – a one-of-a-kind business model – that brought green building vendors permanently together under one roof. It also housed a radio show called Green Seed Radio.

I remember meeting the founder Michael Schaeffer last July and was impressed by his enthusiasm and drive. But then in November, when I was back there during a seminar, I was struck by the frank tone of one of the administrators I was chatting with, who told me that it was getting difficult to keep the vendors there. And then the radio station bellyed up. Its location, on the east side of Veterans Blvd., really hampered its exposure.

The Exchange is currently looking for a new spot, presumably in South San Francisco, according to the news coverage.