CLIENT: Commonwealth Partners
LOCATION: Boston, Massachusetts
SERVICES: ESG | Resiliency , Property condition assessment
ASSET TYPES: Multifamily residential , Retail , Office , Mixed-use
Marx|Okubo’s resiliency assessment included identifying key climate threats and assessing the property vulnerability. We made recommendations to reduce the climate hazard risk to the client’s acceptable level appropriate to its unique resiliency protocols, property management relationships and capital improvement budgets.
As the property is located in an area with frequent hurricanes and also where rising sea levels threaten continuing development along the Boston Harbor, we incorporated strategies and tools to reduce the flood risk, including flood-resistant finishes, separated sub-grade vertical transportation, and implemented various methods of site detention and storm surge protection.