It’s not just beautiful flowers, perfect turf and no weeds. If you want your landscape to significantly increase the value of your commercial property, focus on functionality and experience. In other words, the way the landscape systems and features work and the way your landscape makes people feel.
To calculate landscape’s value, consider the direct economic role it plays in enhancing image; the way it attracts tenants and investment, and can become an integral part of the property’s brand. More importantly, consider that as property owners and managers and industry players value green building, landscape has growing clout as a link between sustainability and marketability, and contributing to making our communities overall healthier places to live, work and play.
The landscape projects that tend to lead to stronger returns are those that strategically improve focal points, tenant amenities and update the landscape’s infrastructure to meet higher standards for operational and energy efficiency, climate resiliency, resource conservation and safety.
Our top six ROI impact list includes:
- Create wow factors. Add seasonal color, flowering perennials, foliage texture for curb appeal, and native and adaptive plants to save water and maintenance.
- Dress it up. Prepare beds with fresh mulch, prune trees and shrubs, cull diseased and infested plants, power wash outdoor surfaces, eliminate weeds and unwanted plants.
- Invest in technology. Upgrade irrigation infrastructure to offset water as the fastest growing utility expense. Invest in smart water technology to support and encourage conservation, and improved groundwater and stormwater filtration and management systems to support water quality.
- Renovate hardscape, pathways, paved surfaces, terraces, decks, and outdoor built elements to repair winter wear and tear, improve safety and manage risk.
- Add tenant amenities such as green roofs, LED lighting, outdoor television, dining areas, bocce ball, putting greens or jogging and bike paths.
- Replace underperforming turf with drought tolerant native plants and meadow-style perennials to improve aesthetics; invest in tree cover, rain gardens and bioswales, and permeable surfaces to improve environmental health and water and air quality.
Commercial properties with well-engineered green systems reap energy savings, financial incentives (tax credits, rebates and stormwater/irrigation credits where applicable), reduced life-cycle and maintenance costs, reduced flood damage, and reduced water bills, while also creating reate measurable value for property owners and tenants both.
Eastern Land Management is a leader in sustainable landscape solutions, less toxic approaches to plant pest and disease management, and green infrastructure.
ELM has been connecting the landscape of Greater New York Metro, and Fairfield and New Haven counties, Connecticut to what’s important to businesses for more than 40 years.
Contact Marc Angarano 203.316.5433 to learn more.