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Sustainable Cities and Infrastructure Urban River Restoration Opportunities and Implications for China. 12/10/2010 Michigan – China Clean Tech Symposium Timothy J. Dekker, Ph.D., P.E. Cities worldwide have interrelated issues of water sustainability and market opportunity.
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Sustainable Cities and InfrastructureUrban River Restoration Opportunities and Implications for China 12/10/2010 Michigan – China Clean Tech Symposium Timothy J. Dekker, Ph.D., P.E.
Cities worldwide have interrelated issues of water sustainability and market opportunity • Environmental/water resource issues: • Watershed alteration and hydrology • Water quality impacts • Water supply limitations • Altered rivers: dams, levees, sediment dredging • Land development conflict with river • Market Issues: • Development / regulatory interactions • Obstacles to value creation
Neighborhood Plan • Bullet • sub
Donlands Economics • 275 acres • $140M base development cost (+?) • Area to accommodate --------- annual tax revenue • 25,000 population • 10,000 jobs $100M • 12M sf residential $25M • 16 M sf commercial $100M • Increased property value • Increased economic activity • Parkland and waterfront – increased value as destination
Implications for China • Significant water resources issues in China • Songhua River toxics spill • Lake Tai algal issues and drinking water source pollution • Jiaozhou Bay – algal blooms • Water supply – dams and interbasin transfers • Past environmental and economic damage • Future development: • Environmental regulations that focus on sustainability • Move from mitigation to planning • Development entities that make sustainable development possible
Value chain – US Brownfields Redevelopment Government Engineering / Design General Contractor Financing Transp. 12% 3-8% 30-40% Urban Planning 0-30% 20-70% Civil Infrastructure Insurance Env. Eng. Consultants 12% 18-20% Ecological Services Government Government Brownfield to Greenfield Value Creation
Value chain – Toronto Brownfields Redevelopment Government Financing Urban Planning Transp. Civil Infrastructure Env. Eng. Cons. Insurance Ecological Services Brownfield Value Creation Greenfield Value Creation
Value Over Development Process(US brownfields redevelopment) Problem occurs Value Remaining stigma Diminished marketability, loss in value Remedy Evolving risk perception Lag time to understand hazard/risk Effect of knowledge on perceived risk Time From Greenfield Advisors, 10/21/08
Value Over Development Process(Donlands redevelopment) Remedy / restoration / urban planning implementation Design competition Problem occurs Value Diminished marketability, loss in value Site restoration planning - effect on perceived risk Evolving risk perception Lag time to understand hazard/risk Effect of knowledge on perceived risk Time Adapted from Greenfield Advisors, 10/21/08