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

Green | Apr 8, 2024

LEED v5 released for public comment

The U.S. Green Building Council (USGBC) has opened the first public comment period for the first draft of LEED v5. The new version of the LEED green building rating system will drive deep decarbonization, quality of life improvements, and ecological conservation and restoration, USGBC says. 

Codes and Standards | Apr 8, 2024

Boston’s plans to hold back rising seawater stall amid real estate slowdown

Boston has placed significant aspects of its plan to protect the city from rising sea levels on the actions of private developers. Amid a post-Covid commercial development slump, though, efforts to build protective infrastructure have stalled.

Retail Centers | Apr 4, 2024

Retail design trends: Consumers are looking for wellness in where they shop

Consumers are making lifestyle choices with wellness in mind, which ignites in them a feeling of purpose and a sense of motivation. That’s the conclusion that the architecture and design firm MG2 draws from a survey of 1,182 U.S. adult consumers the firm conducted last December about retail design and what consumers want in healthier shopping experiences.

Healthcare Facilities | Apr 3, 2024

Foster + Partners, CannonDesign unveil design for Mayo Clinic campus expansion

A redesign of the Mayo Clinic’s downtown campus in Rochester, Minn., centers around two new clinical high-rise buildings. The two nine-story structures will reach a height of 221 feet, with the potential to expand to 420 feet.

K-12 Schools | Apr 1, 2024

High school includes YMCA to share facilities and connect with the broader community

In Omaha, Neb., a public high school and a YMCA come together in one facility, connecting the school with the broader community. The 285,000-sf Westview High School, programmed and designed by the team of Perkins&Will and architect of record BCDM Architects, has its own athletic facilities but shares a pool, weight room, and more with the 30,000-sf YMCA.

Market Data | Apr 1, 2024

Nonresidential construction spending dips 1.0% in February, reaches $1.179 trillion

National nonresidential construction spending declined 1.0% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.179 trillion.

Affordable Housing | Apr 1, 2024

Biden Administration considers ways to influence local housing regulations

The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.

Affordable Housing | Apr 1, 2024

Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness

Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.

Standards | Apr 1, 2024

New technical bulletin covers window opening control devices

A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.

Office Buildings | Mar 28, 2024

Workplace campus design philosophy: People are the new amenity

Nick Arambarri, AIA, LEED AP BD+C, NCARB, Director of Commercial, LPA, underscores the value of providing rich, human-focused environments for the return-to-office workforce.

boombox1
boombox2
native1

More In Category

Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.




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