Landscape Restoration and Stewardship Funded in Perpetuity through Home-site and Golf Course Development
Roger Smith,
Michael Brownfield,
Toni Harlan,
Judith Shepherd,
Charles Laird and
Diane Genereux
Journal of Sustainable Real Estate, 2012, vol. 4, issue 1, 198-211
Abstract:
A challenge for sustainable development on restored landscapes is to secure funding in perpetuity for restoration. We report on a project that has provided a stable source of long-term funding for restoration in conjunction with development of housing, a golf course, and other amenities. At the restored site, historic grazing and a dam system had degraded hydrology and vegetation. Post-restoration ecological metrics now indicate a five-fold increase in spawning trout, and doubling of bird species. Private funding supports prairie and wetlands restoration efforts through a contractual sales-transfer fee and homeowners' dues. A naturalist coordinates restoration and land stewardship. The project provides a model for restorative-development projects supported in perpetuity.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rsrexx:v:4:y:2012:i:1:p:198-211
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DOI: 10.1080/10835547.2012.12091842
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