The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape

Today, the impacts of climate change and the effort to diminish its drivers and mitigate its consequences are disrupting the global economy. Given the inherent intersection between real estate and the economy, this disruption presents unique challenges and opportunities within the field of real esta...

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Main Author: Land, Carson Christopher
Other Authors: Palacios, Juan
Format: Thesis
Published: Massachusetts Institute of Technology 2023
Online Access:https://hdl.handle.net/1721.1/147427
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author Land, Carson Christopher
author2 Palacios, Juan
author_facet Palacios, Juan
Land, Carson Christopher
author_sort Land, Carson Christopher
collection MIT
description Today, the impacts of climate change and the effort to diminish its drivers and mitigate its consequences are disrupting the global economy. Given the inherent intersection between real estate and the economy, this disruption presents unique challenges and opportunities within the field of real estate development. In fact, the real estate industry may be at an inflection point towards a more sustainable and resilient future. Yet, with change comes confusion as stakeholders across the real estate spectrum work to respond to this emerging reality. This paper provides a broad overview of the evolving landscape of real estate development in the Boston market as it relates to sustainability and the environment. Through its investigation, this paper seeks to elucidate how best-in-class developers in the Boston market are responding to these new market changes. Through this analysis, this paper endeavors to provide a contemporary high-level summary, albeit partial, of the intersection between real estate development, sustainability and environmental risk. The ultimate hope is that this work, and future investigations, will enable the sharing of best practices across the industry.
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spelling mit-1721.1/1474272023-01-20T04:05:46Z The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape Land, Carson Christopher Palacios, Juan Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. Today, the impacts of climate change and the effort to diminish its drivers and mitigate its consequences are disrupting the global economy. Given the inherent intersection between real estate and the economy, this disruption presents unique challenges and opportunities within the field of real estate development. In fact, the real estate industry may be at an inflection point towards a more sustainable and resilient future. Yet, with change comes confusion as stakeholders across the real estate spectrum work to respond to this emerging reality. This paper provides a broad overview of the evolving landscape of real estate development in the Boston market as it relates to sustainability and the environment. Through its investigation, this paper seeks to elucidate how best-in-class developers in the Boston market are responding to these new market changes. Through this analysis, this paper endeavors to provide a contemporary high-level summary, albeit partial, of the intersection between real estate development, sustainability and environmental risk. The ultimate hope is that this work, and future investigations, will enable the sharing of best practices across the industry. S.M. 2023-01-19T19:49:35Z 2023-01-19T19:49:35Z 2022-09 2022-08-16T19:10:54.298Z Thesis https://hdl.handle.net/1721.1/147427 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology
spellingShingle Land, Carson Christopher
The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title_full The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title_fullStr The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title_full_unstemmed The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title_short The Environment and Real Estate: How Boston Developers Are Responding to an Evolving Landscape
title_sort environment and real estate how boston developers are responding to an evolving landscape
url https://hdl.handle.net/1721.1/147427
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