Stormwater Storage, Parking & Green Infrastructure
This solution addresses managing floodwaters, constrained parking and limited open space in Hoboken, New Jersey for city, water utility, parking utility, and residents
Problem Description
Cities around the world are struggling to replace multiple types of aging, failing or inadequate infrastructure systems simultaneously. Large-scale and multi-sector integrated projects that address water, energy, telecommunications, and transportation priorities can create both public value and new private investment potential with sound financial returns and economic, social, and environmental integrity for the communities they serve. This solution creatively aligns transportation and water needs to solve a major resilience challenge—local flooding—by providing underground parking, increasing stormwater detention capacity, creating new community open and recreational spaces, and catalyzing economic development.Building Blocks
Story
The proposed integrated infrastructure solution includes a single subsurface stormwater retention facility and a subsurface parking structure that could double as stormwater detention space in the case of a sudden flood or severe storm event, while maintaining green space at the surface for public use. Designing a multi-purpose infrastructure system helped to optimize and scale total project size to match local needs, capture multiple revenue streams for project payback, and assess potential savings due to both physical and financial risk reduction to create opportunities for new insurance-based financing mechanisms.
Resources
Contributed By
- Elle Hempen, re:focus partners
Solution Stage
One of the 7 stages of an innovation. Learn moreSTAGE | SPECIALIST SKILLS REQUIRED | EXAMPLE ACTIVITIES | RISK LEVEL AND HANDLING | FINANCE REQUIRED | KINDS OF EVIDENCE GENERATED | GOAL |
---|---|---|---|---|---|---|
Generating ideas2 | Ideation and facilitation of creative thinking |
|
HIGH |
LOW | A clear account of change or likely causation, supported – but not overly constrained – by evidence | An idea or set of ideas to develop and test |
Submitted By
Elle Hempen