flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

NRDC report relates green infrastructure investments to commercial property value [Infographic]

NRDC report relates green infrastructure investments to commercial property value [Infographic]

Porous paving, landscaping, rain gardens, rainwater harvesting, bioswales, and other investments can have positive ROI, study indicates.


By NRDC | December 19, 2013
A Washington, D.C., office building incorporates plantings to maximize curb appe
A Washington, D.C., office building incorporates plantings to maximize curb appeal while capturing stormwater runoff. Photo: Tim

The Natural Resources Defense Council has released The Green Edge: How Commercial Property Investment in Green Infrastructure Creates Value -- a first-ever illustrative and well-documented report that helps demonstrate the value of green infrastructure. It draws from available published material to capture the multitude of tangible, monetizable non-water quality and water quality benefits that green infrastructure investments (trees, rain gardens, and porous pavement, rainwater harvesting cisterns, bioswales, etc.) can unlock for the commercial real estate sector, including commercial property owners and their tenants.

By assessing common commercial real estate portfolio types, including medium-sized office buildings, midrise apartment buildings and retail centers, the new NRDC report shows that cumulative benefits to property owners can exceed the millions over the long-term, both when doing new construction and at existing developed sites.

Green infrastructure and other green building practices are increasingly becoming a quality benchmark for the private sector, because they illustrate a developer’s commitment to healthier, sustainable communities and place-making, while creating new measurable value added for property owners and tenants alike. From higher rents and property values, increased retail sales, energy savings, local financial incentives to reduced life-cycle and maintenance costs, check out The Green Edge’s blog series for a summary and visual infographics of the findings from research:.
 

Larry Levine, NRDC senior water attorney and author, writes about the findings of the new report here:

New Report Shows How Green Infrastructure Investments Can Create Value for Commercial Property Owners and Tenants
 

Paul Davis, sustainable finance fellow with NRDC’s Center for Market Innovation, shares more:

The Green Edge: A new report on the benefits of investing in natural landscapes

Alisa Valderrama, senior project finance attorney with NRDC’s Center for Market Innovation, blogs here:

What is the "Green Edge?"

 

The report's main findings are summarized in the infographic:

Related Stories

Multifamily Housing | May 30, 2023

Boston’s new stretch code requires new multifamily structures to meet Passive House building requirements

Phius certifications are expected to become more common as states and cities boost green building standards. The City of Boston recently adopted Massachusetts’s so-called opt-in building code, a set of sustainability standards that goes beyond the standard state code.

Contractors | May 24, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023

Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.

Mass Timber | May 23, 2023

Luxury farm resort uses CLT framing and geothermal system to boost sustainability

Construction was recently completed on a 325-acre luxury farm resort in Franklin, Tenn., that is dedicated to agricultural innovation and sustainable, productive land use. With sustainability a key goal, The Inn and Spa at Southall was built with cross-laminated and heavy timber, and a geothermal variant refrigerant flow (VRF) heating and cooling system.

Multifamily Housing | May 23, 2023

One out of three office buildings in largest U.S. cities are suitable for residential conversion

Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.

K-12 Schools | May 22, 2023

The revival of single-building K-12 schools

Schools that combine grades PK through 12 are suddenly not so uncommon. Education sector experts explain why. 

Healthcare Facilities | May 19, 2023

A new behavioral health facility in California targets net zero energy

Shortly before Mental Health Awareness Month in May, development and construction firm Skanska announced the topping out of California’s first behavioral health facility—and the largest in the nation—to target net zero energy. Located in Redwood City, San Mateo County, Calif., the 77,610-sf Cordilleras Health System Replacement Project is slated for completion in late 2024.

Affordable Housing | May 17, 2023

Affordable housing advocates push for community-owned homes over investment properties

Panelists participating in a recent webinar hosted by the Urban Institute discussed various actions that could help alleviate the nation’s affordable housing crisis. Among the possible remedies: inclusionary zoning policies, various reforms to increase local affordable housing stock, and fees on new development to offset the impact on public infrastructure.

University Buildings | May 17, 2023

New UC Irvine health sciences building supports aim to become national model for integrative health

The new College of Health Sciences Building and Nursing & Health Sciences Hall at the University of California Irvine supports the institution’s goal of becoming a national model for integrative health. The new 211,660-sf facility houses nursing, medical doctorate, pharmacy, philosophy, and public health programs in a single building.

Sponsored | Building Enclosure Systems | May 16, 2023

4 steps to a better building enclosure

Dividing the outside environment from the interior, the building enclosure is one of the most important parts of the structure. The enclosure not only defines the building’s aesthetic, but also protects occupants from the elements and facilitates a comfortable, controlled climate. With dozens of components comprising the exterior assemblies, from foundation to cladding to roof, figuring out which concerns to address first can be daunting.

Multifamily Housing | May 16, 2023

Legislators aim to make office-to-housing conversions easier

Lawmakers around the country are looking for ways to spur conversions of office space to residential use.cSuch projects come with challenges such as inadequate plumbing, not enough exterior-facing windows, and footprints that don’t easily lend themselves to residential use. These conditions raise the cost for developers.

boombox1
boombox2
native1

More In Category




Great Solutions

41 Great Solutions for architects, engineers, and contractors

AI ChatBots, ambient computing, floating MRIs, low-carbon cement, sunshine on demand, next-generation top-down construction. These and 35 other innovations make up our 2024 Great Solutions Report, which highlights fresh ideas and innovations from leading architecture, engineering, and construction firms.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021