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Returns on Resilience: The Business Case

by Kathleen McCormick; Sarene Marshall

Oct 8, 2015
  • Community and Economic Development
  • Energy and Environment

  • DESCRIPTION

Real estate projects designed to withstand the effects of climate change can provide substantial returns on investment and an array of other benefits, according to this new report. Case studies from 10 leading resilience projects are highlighted, ranging from a Boston hospital built to withstand coastal storms to a residential community in San Antonio built to withstand the effects of intense heat and drought. Other communities with highlighted case studies include Queens, N.Y.; Miami, FL; Grand Cayman, Cayman Islands; Nashville, TN; Tucson, AZ and Lancaster, CA. The study found an array of benefits from the climate-smart designs in addition to their strength against climate unpredictability. They include:
  • Better energy efficiency. For example, multilayered impact-resistant windows save energy and reduce utility bills.
  • Greater marketing, sales and leasing success driven by buyers' desires for well-built structures that will withstand harsh conditions and keep their value longer.
  • Better financing options and lower insurance rates based on the reduced risk from resilient and hardened structures.

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Returns on Resilience: The Business Case

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Published By

  • Urban Land Institute

Funded By

  • Kresge Foundation

Copyright

  • Copyright 2015 Urban Land Institute.

Document Type

  • CaseStudy
  • Report/Whitepaper

Language

  • English

Geography

  • North America / United States (Northeastern) / Massachusetts / Suffolk County / Boston
  • North America / United States (Northeastern) / New York / Queens County / New York City (Queens)
  • North America / United States (Southern) / Florida / Miami/Dade County / Miami
  • North America / United States (Southwestern) / Arizona / Pima County / Tucson
  • North America / United States (Southwestern) / Texas / Bexar County / San Antonio
  • North America / United States (Southern) / Tennessee / Davidson County / Nashville
  • British Caribbean / Cayman Islands
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Title: Returns on Resilience: The Business Case
Publication date 2015-10-08
Publication Year 2015
Authors Kathleen McCormick , Sarene Marshall
Copyright holder(s) Urban Land Institute
Geographical Focus North America / United States (Northeastern) / Massachusetts / Suffolk County / Boston , North America / United States (Northeastern) / New York / Queens County / New York City (Queens) , North America / United States (Southern) / Florida / Miami/Dade County / Miami , North America / United States (Southwestern) / Arizona / Pima County / Tucson , North America / United States (Southwestern) / Texas / Bexar County / San Antonio , North America / United States (Southern) / Tennessee / Davidson County / Nashville , British Caribbean / Cayman Islands
Keywords arverne , business case , uli , storm surge , building
Document type CaseStudy , Report/Whitepaper
Language English
URL: https://www.issuelab.org/resource/returns-on-resilience-the-business-case.html
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