So how can cities tackle these challenges? The architect firm, Third Nature has developed a holistic and groundbreaking solution. And Ramboll Management Consulting has contributed with the underlying economic analyses to evaluate whether this new solution is merely a climate-friendly innovation or if it is also economically sustainable.
The solutionThird Nature’s creative solution is a parking facility, a water reservoir and urban space. The parking facility will be underground, with room for urban life above. In case of cloudbursts, the water reservoir under the parking facility fills with rainwater and the parking garage pops up into the city scene, thus highlighting the powers of nature.
Economic gainTo ensure the project can be a viable solution, Ramboll Management Consulting has calculated the economic effects. Pop-up parking facilities are still in the idea phase, and Ramboll’s analyses are thus presumptions about the economic benefits. Nevertheless, the analyses show that pop-up parking facilities can be cost-effective for cities, and perhaps provide other benefits, by contributing to an innovative and dynamic urban scene. The solution is economically smart, because it accommodates many needs at one time. It reduces the lack of parking spaces, addresses cloudburst problems, and opens areas for use as green liveable spaces and thus improves city life. Cities can then save money since they can initiate one project instead of many. That’s according to Henrik Stener Pedersen, Director at Ramboll, socio-economist, and one of Ramboll’s experts on cost-benefit analyses and climate solutions. He is responsible for economic analyses and says:
- There is real competition nowadays for planning urban areas. And economics is usually the deciding factor, so construction of new buildings often wins over reserving of open urban spaces. But by combining many solutions into one, the pop-up concept offers new ways for cities to ensure their economic vitality, while providing a strong solution in their struggle with climate change.
Derivative effectsIn addition, Ramboll’s experts have analysed new building sites and opportunities that pop-up parking facilities can create above ground, offering yet another financial benefit derived from the project.
- Most cities can maximise their finances by creating close and vibrant neighbourhoods and securing climate-adapted urban spaces for the area’s residents and users, says Henrik.
While there may be additional costs involved in a pop-up parking facility compared to a traditional garage, an unused building site could generate revenue from sales. There is an advantage when a parking garage, a little city park and a water reservoir do not need three separate sites, but can be combined into one, as shown below.
You can read more about Third Nature’s pop-up parking facilities on their website here.
Contact information for Third NatureOle Schrøder, Co-owner and Partner
Phone.: +45 2510 4460