Urban Stream Restoration Defining the Full Benefits of a Project. Warren C. High MACTEC Engineering and Consulting

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1 Urban Stream Restoration Defining the Full Benefits of a Project Warren C. High MACTEC Engineering and Consulting

2 Economics in the Decision Process Return on Investment Willingness to Pay Municipal Growth and Business Opportunities Benefits of restoration are neither fully known or taken into account (Holl and Howarth, 2000; Costanza et all., 1997)

3 Traditional Restoration Measurements/Benefits Erosion Control Fish and Wildlife Habitat Water Quality Recreation Ecosystem services are often without prices (J. Loomis et al. 2000)

4 Traditional Restoration Measurements/Benefits Erosion costs the US $63B/ year (Wildlands CPR, 2010) Direct correlation between property value and water quality (Loomis and Walsh, 1997) Large volume of literature that provides economic benefits data Ecosystem services are often without prices (J. Loomis et al. 2000)

5 Maximize Benefits to Cost Flood reduction Erosion control Water quality Brownfield cleanup Riparian restoration Maintenance corridor Aquatic and terrestrial habitat Infrastructure protection Economic redevelopment Educational facility Demonstration project Urban transportation route Recreation Utility corridor Many of the benefits count multiple times for the same cost

6 Defining the Urban Stream Resource Full understanding of the baseline conditions Definition of the full potential of the resource Engaging the Stakeholders Planning takes on a larger role Alternatives analysis Multiple benefits align with costs

7 Defining the Value of the Resource Property Value Realtor saying, Water attracts Flood insurance Erosion Liability Property Value Aesthetics Tax Base Redevelopment Key is to convert low value use to high value revenue generator

8 Combining Benefits-Example Convert sewer crossings to riffles Stabilize sewer Water quality Instream habitat Stabilize stream segment Focus feature (noise and smell) Multiple benefits, low cost

9 Combining Benefits-Example Greenway Trails Recreation Education Urban transportation Utility corridor Maintenance road Security Floodplain Providing loop trails with trailheads in parks increases use and safety.

10 Combining Benefits-Example Bank Stabilization Erosion reduction Structural stabilization Increased flood storage Water quality Habitat Brownfield cleanup Infrastructure protection Property value benefits

11 Combining Benefits-Example Riparian Restoration Increase floodplain Brownfield cleanup Water quality Recreation Terrestrial habitat Education Property value benefits

12 Combining Benefits-Example Economic Redevelopment Brownfield cleanup Floodplain reduction Water quality New business attraction Jobs Increased tax base Businesses that seek Greenway Corridor benefits

13 Funding Source Types Federal State Local Non Government Organizations Utilities (Sewer, Gas, Electric) Parks and Recreation Economic Development Property Owners Flood Insurance Mitigation Demand Biggest challenge is lining up the local match Urban Restoration Funding

14 Urban Restoration Funding Federal Initiatives Great Lakes Initiative Chesapeake Bay Initiative Anacostia River Watershed Typically funded through existing programs with larger dollar amounts

15 Urban Restoration Funding Federal Funding Examples US Army Corps of Engineers, Section 206, Ecosystem Restoration Program US Environmental Protection Agency, Center for Environmental Finance US Fish and Wildlife Service Each agency has a list of programs and requirements

16 Urban Restoration Funding Local Funding Examples Economic development Recreation FEMA Insurance Infrastructure maintenance Bonds Local funding centers on Willingness to Pay and municipal growth

17 Urban Restoration Funding Market Driven Funding Examples Wetland and Stream mitigation Natural Resource Damage (Superfund, spills, etc.) Consent Decrees Conservation Banking Clean Water Credits

18 Non Government Funding Examples American Rivers Nature Conservancy Trust for Public Land The Foundation Center (list of foundations) Urban Restoration Funding

19 Urban Restoration Funding Summary Define the resource Define all the benefits Identify stakeholders and funds Maximize benefits to cost Planning as important as design

20 Contact Warren High office cell

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