Mission Metrics: Case Studies on Impact Part 1
Written By: Aaron Fairchild, CEO of Green Canopy
"The current housing crisis can not be easily solved because the issues are not black or white. Our solutions will require a more colorful, creative and collaborative approach."
Green Canopy is a walkable urban infill developer with a mission to Inspire Resource Efficiency in Residential Markets. Since our company's inception, we believed one solution to our global resource scarcity and climate change issues should be infill homebuilding done differently. So began our journey to create a different kind of homebuilder that is more socially and environmentally aware and responsive. In the weeks ahead Green Canopy will publish a series of blogs and data sets that highlight some of the more curious approaches we incorporate to help create positive social and environmental outcomes.
We began Green Canopy as a for-profit, market-based model with the desire to make a difference. The thinking was that if we were successful in making a difference, profits would follow and allow the Company to scale our outcomes and impact.
In 2009 we purchased our first infill lot. Our next 59 homes were deep-green, energy efficient, complete home remodels. With the subsequent changes in the market and City regulations, we pivoted entirely to new construction with an emphasis on energy efficiency, sustainable methods and materials as well as increased density through a fabric of single-family, duplexes, triplexes and rowhouses; a mix of housing that is considerably more resource efficient where urban land is scarce. Rather than remodel one home or replace an old home with one new home, we now replace a single, older home with an average of four new, third-party green built certified homes that are over 300% more resource efficient than what was there before. We will sell roughly 40 third-party certified, deep-green homes in Seattle and Portland this year.
As a mission-focused homebuilder we are often looked at with confusion and curiosity from other homebuilders. Occasionally we are mocked and written off as “do-gooders.” It is often assumed that we really don’t know what we are doing. After all, homebuilding is an old profession, historically operating in a similar manner for generations.
Well, the times have changed in just one generation, and many of us have not yet recognized it. In the last 50 years the population has doubled. The consumption of water and food has tripled and the use of fossil fuels has quadrupled. Species are going extinct at a rate of 1,000 to 10,000 times of the normal background rate of 1 to 5 a year. We currently lose dozens of species a day. Humans have done more irreparable damage to the planet in the last 50 years than all of humanity before. Today, humanity continues to flood our cities in droves. Managing the increased density has triggered a serious societal housing problem that will likely be with us for years to come.
As a result, Green Canopy is increasingly relevant in these turbulent times. However, our business model is not a perfect solution, and no solution is. Our housing crisis will not be easily solved because the issues are not black or white. Our housing issues are full of pigment requiring more colorful, creative and collaborative approaches.
Embedded in this thinking, perhaps a silver pellet is revealed? Green Canopy is not a panacea. We are simple. Green Canopy is not particularly sexy. We are straightforward. Green Canopy is not a silver bullet. We are just one pattern in the colorful quilt of potential solutions needed to increase access, affordability and sustainability in urban housing.
In 50-years from now, when we have 14 billion human heart beats on the face of the planet, underwater coast lines, food and water security issues, what will our cities look like: Bastions of hope, or of hopelessness? In 50-years Green Canopy’s homes will still be standing as evidence of the purposeful actions that an earnest group of investors and operators took to help make our cities bastions of hope and opportunity.
Up next - Part 2: Community Meetings Provide Context
Community meetings are not required for the relatively small-scale development projects undertaken by urban infill homebuilders. However, for the last four years Green Canopy has been conducting community meetings for every project we have undertaken. We will share our rational and the data collected from the surveys we have given to the neighbors in the communities in which we build.
Additional Reading:
With waves of humanity flooding into our neighborhoods, and no simple or easy solution to address our density issues, take some time to read through these two Sightline research articles. They are informative, well researched and helpful as we consider the choices ahead of us. Both of these articles highlight the need for Green Canopy’s approach to increased density.