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Building better places, sustainably

Explore practical insights on climate-friendly development, efficient planning, and resilient urban solutions for a sustainable future

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Net-zero by 2050

The earth's temperature has risen by about 1.2°C since the late 19th century with 2023 the hottest year on record (NASA, 2024)

If we cut emissions by 50% by 2030 and reach net-zero by 2050, we can limit the worst consequences of global warming (IPCC, 2023). By focusing on sustainable, carbon neutral development, we can play our part to
literally save the planet.

Why sustainability?

Sustainable Development Projects

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Patriot Place affordable green apartment infill
AFfordable green housing financing

Patriot Place, St. Augustine, FL

Incremental infill projects can be impactful with the right partners and financing strategy.

Small-scale green build projects offer lots of benefits. They work great for infill sites in developed areas, they allow for lesser risk prototyping of ideas and strategies with a smaller paycheck to build, and they can be executed and stabilized more quickly. Patriot Place, in St. Augustine, FL is a good example of this type of project. The 6-unit apartment building at 79 Masters Drive was built for veterans and offered at 30% of the market value. This was achieved by partnering with the St. Johns Housing Partnership (SJHP), St Johns County, and securing financing through MountainStar Partners. The cost budgeted was $1 million and was built by Robert Marshall of World Island Builders. The remaining construction debt of $550k was recently paid off by a donation from Delores Barr Weaver, a local philanthropist. Aside from traditional means of affordable financing, additional time, materials, and funds were provided by individuals, companies such as Home Depot, and several solar panel companies. The project was awarded a gold certification by the Florida’s Green Building Coalition (FCBC) due its incorporation of enhanced energy performance, water conservation, site conservation, health and air quality, and disaster mitigation.
Farm at Okefenoke Folkston, GA concept land plan
Regenerative development and agrihoods

The Farm at Okefenoke, Folkston, GA

There is not a one-size fits all for sustainable development just as people have unique desires and needs. The Farm at Okefenokee, owned by Doug Davis, real estate developer, and Jeff Meyer, conservationist, created the 1000-acre agrihood located in Folkston, GA. This is a low density development of just 250 residential cabins with the majority of the land focused on regenerative farming. The vision was inspired by people’s desire to live in a farm environment and farm lifestyle without having to be responsible for all of the work needed to successfully run a farm.

As a larger community, residents get to reap the rewards of knowing where their food comes from, participating in growing their own food, and partaking in the harvest. As an example of one village within this geographically large master-planned community, The Orchard features just 25 homes, but boasts an olive orchard as well as a pecan orchard, blackberry patch, chickens, goats, and a sugar cane field and cane press. The homes feature natural materials, water-efficient fixtures, and low-VOC finishes. The community focuses on well being, a strong connection to nature, and a sustainable off-grid lifestyle.

Babcok Ranch FL net zero community
RENEWABLE ENERGY AND AGRIHOODS

Babcock Ranch, FL

This development, built to Florida Green Building Coalition standards, is best known for its expansive green open space preservation and large investment in solar-power. In fact, the community features 440 acres of solar equivalent to 333 football fields! This yields 150 megawatts of energy which can power the full development plan of 19,500 homes and 6 million square feet of commercial space. The solar field was donated by Kitson and is owned and operated by FPL. This large-scale design produces 2.5 times more energy for the money than residential rooftop solar. Energy generated at the plant flows to the substation near the water and wastewater facility and into the town of Babcock Ranch. Leftover energy from here flows to the FPL power grid to serve those outside the town. 

The infrastructure is also very resilient to hurricanes with their 40,600-sf Field House at Babcock Ranch High School serving as an evacuation center due to its ICC 500 standards. Infrastructure was planned to be outside coastal surge areas at ~ 24 feet above sea level and consists of storm-hardened utilities, underground power transmission and fiber optic lines, and stormwater management systems. Resilience was practically tested during Hurricane Ian at which point none of the 5,000 people lost power during the storm.

Hunters Point, Cortez FL net zero resilient development
NET ZERO RESILIENT DEVELOPMENT

Hunters Point, Cortez, FL

This is the first LEED net-zero certified single-family home development in the United States with carbon emission reductions of 8 tons annually. In fact, it has a HERS score of minus 11. The 18-acre community includes 86 solar powered homes and 47 boat slips. It was developed with help from the Florida Solar Energy Center, a research institute within the University of Central Florida. Technological advancements include Guardian IQ2 Panels which acts as the tablet for the smart home controlling security, and controlling light, heating, air conditioning, and smart irrigation. Products assisting in energy-efficiency include WaterSense high-efficiency fixtures and Hunter Smart Irrigation, EPA Energy Star appliances and EV charging stations. Sonnen technology is used for home energy management and storage to provide smart energy and independence through a fully integrated community that connects to form a virtual powerplant.

In terms of resilience to flooding and hurricanes, several design strategies were employed including building 16 feet above sea level, incorporating continuous rebar into the garage level’s block walls, and infill of spray foam insulation for all exterior surfaces. More than 70 tons of concrete and masonry were used to anchor the structure and footing dimensions were sized large to accommodate a solid monolithic foundation. None of the homes have experienced damage after Helene and Milton - hurricanes that hit three weeks apart in 2024.

solar farm for resilient utilities in Puerto Rico
ReNEWABLE ENERGY

Project Marahu, Guayama & Salinas, Puerto Rico

Some eastern Caribbean islands such as the Grenadines have already implemented solar to  a large extent with some islands using solar for up to 90% of their energy production; a good reason to ensure this energy infrastructure is resilient to Category 5 hurricanes. With  Puerto Rico experiencing consistent struggles and vulnerabilities of frequent power loss in this island, it follows that renewable energy projects should be prioritized on this island.

Puerto Rico has historically been woefully dependent on coal and oil produced energy which have been far more expensive that the continental U.S.; a problem compounded by the fact that roughly a third of Puerto Ricans are currently living below the poverty line. That makes the news all the more promising of DOE’s $1.2 billion in loan funding for projects contracted to several solar projects on the island. Project Marahu, for instance, plans to add 200 MW-AC of solar and up to 285 MW of stand-alone energy storage to Puerto Rico’s grid. The $861.M loan guarantee finances the construction of two solar PV farms that will reduce emissions by nearly 2.7 million tones of CO2 per year, provide 750 construction jobs, and 50 permanent jobs once operational. Projects like these can build resilience not just for energy, but can strengthen communities all over the island who rely on clean, consistent energy. 

Triple Bottom Line

Resources for financing sustainable development to make optimizing People, Profit, and Planet mutually feasible goals 

Sustainability-Linked Bonds

Principles Guide

Flexible green financing tool that ties funding to a developer's ability to meet predefined performance targets - issued by REITs

CPACE Funding

What is CPACE?

Commercial property-assessed clean energy is a lending structure for projects focused on energy efficiency and renewable energy

Fannie Mae Green MBS

What is CPACE?

Mortgage-Backed Securities program providing liquidity for multifamily developments meeting green building requirements

Green Bonds

Green Bond Principles

Federal tax credit for energy efficient home builds - phasing out in 2026

Climate Bonds Initiative

Climate Bonds Initiative

International mobilizer of global capital for climate action and resilience

Sustainable REIT ETFs

REIT ETF blog overview

Investing in sustainable real estate without having to take on full ownership or management

Scratching the Surface of Renewable Energy Topics

Green Building Materials

Explore green products that help to pencil a triple bottom line return for sustainable real estate development - this is just a sampling of the many creative, and resourceful products in the market sourced from the USGBC national conference

More products to keep you eye on