News: Construction Design & Engineering

5 ways to enhance your landscape with money saved on snow budgets - by Jon Ciffolillo

Jon Ciffolillo is vice president, business development of Greenscape, Inc., Middleborough, Mass. Jon Ciffolillo - Greenscape

We all know that budgets not spent have a funny way of disappearing from future property management operating budgets. “Use it or lose it” they say. Now the question is how best to use that available money so you can maximize its impact not so much today, but in the long-term interest of your property or long-term reductions to your operating budgets. The basic assumption here is that your snow budgets and your landscape budgets are closely related, if not combined.

If you have had the benefit of a seasoned and professional landscape contractor, some of these options have likely been reviewed with you at some point. So where do you look to find landscape maintenance investment opportunities? Here are some ideas:

1) Invest in perennials: Year after year you spend money on annuals that, although they provide instant gratification and curb appeal, they are planted then ripped out only to be repeated annually. The upfront cost of planting perennials can be double that of annuals. If you do the math, a perennial installation which enhances the property year after year, will pay for itself in two to three years.

2) Aerate your lawn: This is a process that enhances your turf by helping with air circulation, water absorption and decompaction of soils. The problem is the service itself gives no instant and visible gratification so it is often overlooked and eliminated from budgets. Investing in this landscape maintenance service will pay dividends through improved and more resistant turf for two to three years.

3) Irrigation assessment and upgrades: Most irrigation budgets account for start-ups, shut- downs and some minor repairs. Investing in an irrigation assessment and upgrades pays dividends in many ways. The obvious way is through grass that is watered consistently avoiding soggy areas and burned areas in the summer. The less obvious benefit is through reduced water consumption and waste. There are simple strategies of watering at appropriate times, watering for appropriate durations and frequencies for site conditions. There are also more highly advanced strategies including low volume heads and weather station controllers. Depending on the property or the investment the savings can range from a few hundred dollars per year to several thousands of dollars per year.

4) Repair poorly drained areas: Whether they are low spots in the land or otherwise poorly drained areas they show themselves year after year through ruts caused by maintenance equipment, areas that cannot be mowed or in the worst cases, standing water that invites turf born diseases and mosquitoes. Investment in a properly designed drainage system can minimize if not eliminate these problem areas and add to the long-term performance of your property.

5) Spend it on Fun stuff: Depending on the property type, you surely have had your sights set on some form of capital improvement, like hardscapes. A corporate site may benefit from a nice stone entry wall. A residential property might benefit from a barbeque area or a fire pit. A hospital or institutional property might find value in a healing garden or an otherwise quiet secluded garden area. This type of investment yields quite different upside. Besides potentially attracting the best employees or the best residents, it can pay the dividend of having a nice area on your property that you and your tenants or employees can enjoy and take pride in.

Have a plan. Use the unspent budgets on things that will have residual value. Lean on your landscape contractor for options that may not be obvious to the layperson. Ask for payback periods for the money invested to make it an easy sell to those invested in the property.

Jon Ciffolillo is vice president, business development of Greenscape, Inc., Middleborough, Mass.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary