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

Codes and Standards | Sep 17, 2024

New California building code encourages, but does not mandate heat pumps

New California homes are more likely to have all-electric appliances starting in 2026 after the state’s energy regulators approved new state building standards. The new building code will encourage installation of heat pumps without actually banning gas heating. 

Codes and Standards | Sep 17, 2024

ASHRAE’s first group of certified decarbonization professionals announced

ASHRAE recently announced its inaugural cohort of Certified Decarbonization Professionals (CDPs). Individuals who earned this designation demonstrate competency to assess, analyze, and develop effective and sustainable strategies to reduce or eliminate the life-cycle carbon footprint of buildings. 

Mass Timber | Sep 17, 2024

Marina del Rey mixed-use development is L.A.’s largest mass timber project

An office-retail project in Marina del Rey is Los Angeles’ largest mass timber project to date. Encompassing about 3 acres, the 42XX campus consists of three low-rise buildings that seamlessly connect with exterior walkways and stairways. The development provides 151,000 sf of office space and 1,500 sf of retail space.

Education Facilities | Sep 16, 2024

Hot classrooms, playgrounds spur K-12 school districts to go beyond AC for cooling

With hotter weather occurring during the school year, school districts are turning to cooling strategies to complement air conditioning. Reflective playgrounds and roads, cool roofs and window films, shade structures and conversion of asphalt surfaces to a natural state are all being tried in various regions of the country. 

3D Printing | Sep 13, 2024

Swiss researchers develop robotic additive manufacturing method that uses earth-based materials—and not cement

Researchers at ETH Zurich, a university in Switzerland, have developed a new robotic additive manufacturing method to help make the construction industry more sustainable. Unlike concrete 3D printing, the process does not require cement.

Adaptive Reuse | Sep 12, 2024

White paper on office-to-residential conversions released by IAPMO

IAPMO has published a new white paper titled “Adaptive Reuse: Converting Offices to Multi-Residential Family,” a comprehensive analysis of addressing housing shortages through the conversion of office spaces into residential units.

Office Buildings | Sep 6, 2024

Fact sheet outlines benefits, challenges of thermal energy storage for commercial buildings

A U.S. Dept. of Energy document discusses the benefits and challenges of thermal energy storage for commercial buildings. The document explains how the various types of thermal energy storage technologies work, where their installation is most beneficial, and some practical considerations around installations.

Office Buildings | Sep 5, 2024

Office space downsizing trend appears to be past peak

The office downsizing trend may be past its peak, according to a CBRE survey of 225 companies with offices in the U.S., Canada, and Latin America. Just 37% of companies plan to shrink their office space this year compared to 57% last year, the survey found.

Codes and Standards | Sep 3, 2024

Atlanta aims to crack down on blighted properties with new tax

A new Atlanta law is intended to crack down on absentee landlords including commercial property owners and clean up neglected properties. The “Blight Tax” allows city officials to put levies on blighted property owners up to 25 times higher than current millage rates.

Resiliency | Sep 3, 2024

Phius introduces retrofit standard for more resilient buildings

Phius recently released, REVIVE 2024, a retrofit standard for more resilient buildings. The standard focuses on resilience against grid outages by ensuring structures remain habitable for at least a week during extreme weather events.

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