City-owned land in Boston’s booming Seaport district is vulnerable to flooding, a condition that will only worsen with climate-induced sea-level rise.
To address this threat, city officials have instituted developer fees as a condition to build in the area to help finance a seawall and other protective infrastructure. Cost estimates to protect the 191-acre area are as high as $124 million.
Without any resiliency measures, the area would otherwise be prone to regular flooding as soon as the 2030s, and could be largely under water at high tide by the end of the century. Developers are designing properties to be flood resilient, but a seawall would protect properties from utility outages and flooded roads.
The program, the Climate Resiliency Fund, is modelled on programs that collect developer fees for affordable housing funds or for park space or infrastructure upgrades.
Related Stories
Legislation | Mar 18, 2022
New framework to help site community solar projects released
The Solar Energy Industries Association (SEIA) released a new report to aid policymakers in siting community solar projects.
Codes and Standards | Mar 17, 2022
Dept. of Energy seeks input on building-integrated photovoltaic systems
The U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) and Building Technologies Office (BTO) recently issued a request for information to gather input on technical and commercial challenges and opportunities for building-integrated photovoltaic (BIPV) systems.
Legislation | Mar 16, 2022
Weak federal commercial real estate rules will hamper seizing Russian assets
Lax disclosure regulations that have made the U.S. a global hot spot for money laundering via real estate holdings will make it difficult for officials to seize properties from Russian oligarchs.
Codes and Standards | Mar 15, 2022
First company awarded Fitwel Certification in Senior Housing for Occupant Health & Wellness
The Springs at Greer Gardens in Eugene, Ore., is the first property to earn a Fitwel global health certification under the newly created senior housing scorecard.
Codes and Standards | Mar 10, 2022
HOK offers guidance for reducing operational and embodied carbon in labs
Global design firm HOK has released research providing lab owners and developers guidance for reducing operational and embodied carbon to meet net zero goals.
Codes and Standards | Mar 7, 2022
Late payments in the construction industry rose in 2021
Last year was a tough one for contractors when it comes to getting paid on time.
Codes and Standards | Mar 7, 2022
Massachusetts proposed energy code changes don’t ban gas
Proposed changes to the Massachusetts energy code would provide incentives for builders to fully electrify buildings, but not impose a ban on natural gas hookups.
Codes and Standards | Mar 4, 2022
Construction industry faces a 650,000 worker shortfall in 2022
The U.S. construction industry must hire an additional 650,000 workers in 2022 to meet the expected demand for labor, according to a model developed by Associated Builders and Contractors.
Codes and Standards | Mar 4, 2022
FAA offers $1 billion in grants for airport terminal and tower projects
The Federal Aviation Administration (FAA) is now accepting applications for about $1 billion in grants for airport projects during fiscal year 2022.
Codes and Standards | Mar 1, 2022
Engineering Business Sentiment study finds optimism despite growing economic concerns
The ACEC Research Institute found widespread optimism among engineering firm executives in its second quarterly Engineering Business Sentiment study.
