In mid-December, the Natural Resources Defense Council (NRDC) released a report on how green infrastructure can benefit commercial private property owners. The report, “The Green Edge: How Commercial Property Investment in Green Infrastructure Creates Value,” discusses monetary benefits beyond reductions in stormwater fees. Fee savings, NRDC says, can account for as little as 1–5% of gains realized from installing natural landscapes. According to NRDC, the added value of green infrastructure is realized through energy savings; reducing flood damage, crime, and water bills; as well as increasing property value, retail sales, and employee health and satisfaction. The business case for green infrastructure is much stronger when these and other benefits are considered. According to the report, green infrastructure can produce rental premiums up to 7%. For office and apartment buildings, green infrastructure benefits approach a total present value of $2 million over 40 years, while benefits exceed $24 million for retail centers.
July 18, 2012
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