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

Government Buildings | Dec 19, 2023

New Pennsylvania State Archives building holds documents dating back to 1680

Work was recently completed on a new Pennsylvania State Archives building in Harrisburg, Penn. The HGA-designed, 146,000-sf facility offers numerous amenities, including computers, scanners, printers, a kitchenette with seating, lockers, a meeting room, a classroom, an interactive video wall, gallery, and all-gender restrooms. The features are all intended to provide a welcoming and comfortable environment for visitors.

MFPRO+ News | Dec 18, 2023

Berkeley, Calif., raises building height limits in downtown area

Facing a severe housing shortage, the City of Berkeley, Calif., increased the height limits on residential buildings to 12 stories in the area close to the University of California campus.

Green | Dec 18, 2023

Class B commercial properties gain more from LEED certification than Class A buildings

Class B office properties that are LEED certified command a greater relative benefit than LEED-certified Class A buildings, according to analysis from CBRE. The Class B LEED rent advantage over non-LEED is about three times larger than the premium earned by Class A LEED buildings.

Codes and Standards | Dec 18, 2023

ASHRAE releases guide on grid interactivity in the decarbonization process

A guide focusing on the critical role of grid interactivity in building decarbonization was recently published by ASHRAE. The Grid-Interactive Buildings for Decarbonization: Design and Operation Resource Guide provides information on maximizing carbon reduction through buildings’ interaction with the electric power grid.

Architects | Dec 18, 2023

Perkins&Will’s new PRECEDE tool provides access to public health data to inform design decisions

Perkins&Will recently launched a free digital resource that allows architects and designers to access key public health data to inform design decisions. The “Public Repository to Engage Community and Enhance Design Equity,” or PRECEDE, centralizes demographic, environmental, and health data from across the U.S. into a geospatial database.

75 Top Building Products | Dec 13, 2023

75 top building products for 2023

From a bladeless rooftop wind energy system, to a troffer light fixture with built-in continuous visible light disinfection, innovation is plentiful in Building Design+Construction's annual 75 Top Products report. 

Codes and Standards | Dec 11, 2023

Washington state tries new approach to phase out fossil fuels in new construction

After pausing a heat pump mandate earlier this year after a federal court overturned Berkeley, Calif.’s ban on gas appliances in new buildings, Washington state enacted a new code provision that seems poised to achieve the same goal.

Green | Dec 11, 2023

U.S. has tools to meet commercial building sector decarbonization goals early

The U.S. has the tools to reduce commercial building-related emissions to reach target goals in 2029, earlier than what it committed to when it signed the Paris Agreement, according to a report by the U.S. Green Building Council.

Office Buildings | Dec 11, 2023

Believe it or not, there could be a shortage of office space in the years ahead

With work-from-home firmly established, many real estate analysts predict a dramatic reduction in office space leasing and plummeting property values. But the high-end of the office segment might actually be headed for a shortage, according to real estate intelligence company CoStar Group. 

University Buildings | Dec 8, 2023

Yale University breaks ground on nation's largest Living Building student housing complex

A groundbreaking on Oct. 11 kicked off a project aiming to construct the largest Living Building Challenge-certified residence on a university campus. The Living Village, a 45,000 sf home for Yale University Divinity School graduate students, “will make an ecological statement about the need to build in harmony with the natural world while training students to become ‘apostles of the environment’,” according to Bruner/Cott, which is leading the design team that includes Höweler + Yoon Architecture and Andropogon Associates.

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