Kevin Gast

We are back!!!  Bluefield’s team of water experts has just released another data-backed Insight Report, “U.S. Stormwater Infrastructure Market: Key Drivers, Competitive Shifts & Investment Outlook, 2024–2030.” Bluefield Research's new report shows that the stormwater management market is poised for a major surge in investment and innovation. Some key takeaways: // Capital expenditures for stormwater management are projected to grow from $34.6B in 2023 to $54.5B by 2030, accounting for a range of factors, such as municipal real estate and transportation demands. // Since 2020, the U.S. has experienced an average of 22 'billion-dollar disasters' each year, up from only 3 per year in the 1980s. // Stormwater currently receives only ~7.5% of total water sector funding, despite the critical need. // The rapid construction boom, especially in Sunbelt states, is contributing to expanding impervious surfaces and exacerbating stormwater challenges. Don't just sit there, learn more: https://lnkd.in/ecKvpgW4 #stormwater #infrastructure #climatechange #sustainability #resilience #innovation #forecasts #thinkwater Advanced Drainage Systems, Inc. AquaShield, Inc. Baughman Tile Co. Columbia Precast Products Diamond Plastics Corporation Franklin Electric GRUNDFOS Highland Tank Hobas Pipe USA, Inc. IPEX by Aliaxis Jensen Precast JM Eagle KSB Company Lane Enterprises, LLC Nationwide Tanks NDS Northwest Pipe Company Oldcastle Infrastructure Orenco Systems, Inc. Prinsco, Inc. Quikrete Shawcor Southeast Culvert Inc StormTrap Westlake Xylem

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🌊 **Unlocking Potential with Clean Water State Revolving Funds (CWSRF) for 2023!** 🌍 1. **Sustainable Water Solutions**: The CWSRF offers substantial grants for building and upgrading wastewater facilities, promoting water conservation and reuse practices. It's a significant financial resource for enhancing water quality management. 2. **Empower with Remote Monitoring**: SPI's expertise in remote monitoring technology aligns perfectly with CWSRF goals, enabling municipalities to optimize water management operations efficiently and cost-effectively. 3. **Maximize Environmental Impact**: With a focus on stormwater management and energy reduction for public treatment works, integrating smart technologies through these funds can significantly advance sustainability efforts. 🔍 Let’s explore how remote monitoring can help your community leverage CWSRF funding to ensure a clean, safe water future! 💧🌐

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Proper upkeep of #StormwaterManagement assets creates a number of benefits throughout the #Infrastructure lifecycle. 💧🔄 By implementing a robust stormwater asset #OperationsAndMaintenance (O&M) program, #PublicAgencies will see advantages such as protection of lives and property, #FloodMitigation, better water quality, improved system performance and even recreational opportunities. 🚵‍♀️ Our perspective shares three steps for developing an effective O&M program for best management practices: https://lnkd.in/ds9PwjWj

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Florida's #permit landscape in 2023 saw declines in both single-family (-6.9%) and multifamily (-12.4%) permits. Builders face tightening regulations, shifting demographics, and market pressures. As demand persists, innovation and compliance are paramount. How will you adapt to ensure growth while navigating these challenges? Take a look at these numbers and consider how virtual #permitting #inspections can help you hurdle gaps with digital transformation: In 2023, all states and the District of Columbia reported declines in single-family permits except for: Hawaii (+16.7%), Maryland (+8.7%), Nevada (+5.8%), West Virginia (+4.7%), Virginia (0.8%), North Carolina (0.7%), and Alabama (0.0%). The range of declines spanned 0.1% in Idaho to 59.4% in the District of Columbia. The ten states issuing the highest number of single-family permits combined accounted for 63.9% of the total single-family permits issued. Texas, the state with the highest number of single-family permits issued, declined 6.5%. The second highest permit-issuing state, Florida, saw a decline of 6.9%, while the next highest, North Carolina, posted an increase of 0.7%. Multifamily Permits in 2023 In 2023, 15 states recorded growth in multifamily permits, while 35 states and the District of Columbia recorded a decline. Delaware (+96.3%) led the way with a sharp rise in multifamily permits from 562 to 1,103, while Wyoming had the greatest decline of 74.2% from 1,044 to 269. The ten states issuing the highest number of multifamily permits combined accounted for 63.2% of the multifamily permits issued. For the year, Texas, the state with the highest number of multifamily permits issued, experienced a decline of 24.0%. Following closely, the second-highest state in multifamily permits, Florida, saw a decline of 12.4%. California, the third largest multifamily permit-issuing state, declined by 3.4%.

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Thorough due diligence is the foundation of smart real estate acquisitions. Armada's comprehensive due diligence process, backed by in-house engineering and environmental specialists, empowers our clients to make informed decisions. Let's navigate risk 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳. Contact us to discuss your next project: Joel Willard Juliana Lawrence Zack Toates #CRE #Acquisitions #Multifamily #DueDiligence

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🔍 Q&A: How Does Infrastructure Shape Commercial Land Values in Montana? Q: Why does infrastructure matter so much in commercial real estate? A: Infrastructure such as utilities, roads, and communication networks is crucial because it enables higher density and more intensive uses of land. This directly influences the economic viability and potential profitability of commercial properties. Q: Can you give an example of how infrastructure impacts land value? A: Consider a 5-acre plot zoned for multifamily use. Without access to city water or sewer, it might only support the development of a couple of homes. However, with these services, the same plot could potentially accommodate 200+ apartments, significantly enhancing its value. Q: What should landowners consider before selling or developing their property? A: Landowners should be aware of local zoning changes, new community land use plans or growth policy amendments, and planned expansions in infrastructure like water and sewer services. These factors can dramatically increase property values and affect development opportunities. Q: How can I find out what my commercial land is really worth? A: For an accurate assessment, consider getting a Broker Opinion of Value. This evaluation takes into account recent market trends and local infrastructure developments, providing you with a clear picture of your property’s potential. 📈 Interested in discovering the value of your property based on current infrastructure and market conditions? Contact Matt@SterlingCREadvisors.com today!

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The three largest sources of stormwater pollution are: agriculture, urban runoff and sediment from construction sites. PaveDrain would help fix urban runoff. Go to our website to learn more! Check out the link in the comments. #permeablepaving #greeninfrastructure #stormwater #civilengineering #pavedrain

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Explore the growing need for innovative water solutions as urban populations surge, with insights into potable reuse systems, market drivers, and valuable lessons from Florida case studies in this illuminating presentation. #WaterInnovation #PotableReuse #Reuse

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Water Infrastructure Asset Management - what's happening in your state? We are very excited to share our new resource with information about asset management opportunities and obligations for each of the 50 states. https://lnkd.in/gUEdZWgh #assetmanagement #utilitymanagement #kickingassetmanagement

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There's about a week left to complete applications for the second round of WaterSMART Planning and Project Design Grants, due next Thursday, May 23! Made available by the Bureau of Reclamation, these funds support the efficient use of water in the Western US. Eligible funding categories include: 1. Water Strategy Grants to conduct planning activities to improve water supplies (e.g., water supplies to disadvantaged communities that do not have reliable access to water, water marketing, water conservation, drought resilience, and ecological resilience) 2. Project Design Grants to conduct project-specific design for projects to improve water management 3. Comprehensive Drought Contingency Plans. Note that funding to develop a water marketing strategy – formerly funded through Water Marketing Strategy Grants, a stand-alone funding opportunity under WaterSMART – is now available through category 1: Water Strategy Grants. Learn more and apply: https://lnkd.in/dRGJW7-C

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For commercial #realestateinvestors, securing #financing for #horizontalconstruction can be challenging. Most traditional #lenders do not fund horizontal construction. They prefer to fund vertical construction, which is primarily putting up buildings, because with vertical development the value increase to a project is more immediately visible and calculable. Enact Partners recognizes how crucial horizontal construction—which includes infrastructure improvements such as roads, utilities, and landscaping—is to preparing land for development. Our specialized horizontal construction loans help bridge the gap from the acquisition of raw land to vertical construction by helping borrowers develop buildable lots. Learn more on our blog below!

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In a new article from Nareit, BREEAM’s U.S. Director of Operations Breana Wheeler discusses the significant growth BREEAM has experienced across the U.S. amidst the increasing adoption of sustainable building certifications in recent years.     “Our success has been to provide shades of green — it was never about focusing only on the top end of the market. We tell our clients that just because their building isn’t perfect, that doesn’t mean that there’s no progress to be made.”     Throughout her commentary, Wheeler highlights a critical, core mission of BREEAM — to encourage the sustainable assessment and performance benchmarking of all assets to facilitate progress and prevent tunnel vision surrounding a perfect rating.       Read the full article here: https://lnkd.in/ghypXA46 

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