For developers and builders, managing the impact of stormwater is a given: the law requires it. But increasingly, they’ve ceased to regard it as a burden, and consider it an amenity — one that can lead to increased rents and sales prices.
Some developers have successfully leveraged stormwater management mechanisms not only to reduce and manage runoff, but also to add value to their buildings. Whether by increasing potential development yield, introducing tangible amenities for residents, reducing operating costs, or building on a broader placemaking strategy, innovative stormwater management strategies can create value and contribute to quality of life and resilience in cities. Not to mention add millions to the bottom line, and increased tax revenues to municipalities.