[OPINION] The Economic Benefits of Biophilic Design – The Weekly Journal

Biophilic design, which incorporates nature and natural elements into buildings and urban spaces, is proving to be beneficial not only for the environment but also for the economy. Here are four reasons why biophilic design is good for the economy.

Firstly, biophilic design can increase property values. Research has shown that buildings with biophilic elements such as natural light, green spaces, and views of nature can command higher prices in the real estate market. This is because these features are not only aesthetically pleasing but also improve overall well-being and productivity, making properties more desirable.

Secondly, biophilic design can lead to cost savings for businesses. By incorporating natural elements such as plant walls and green roofs, buildings can reduce energy consumption by providing insulation and shading. This can result in lower utility bills and operational costs for businesses, ultimately leading to increased profitability.

Thirdly, biophilic design can boost tourism. Cities and towns that prioritize green spaces, parks, and natural elements in their urban planning can attract more tourists who are seeking relaxation and connection with nature. This can in turn stimulate local economies through increased spending on accommodations, dining, and entertainment.

Lastly, biophilic design can improve public health, leading to healthcare cost savings. Studies have shown that exposure to nature and natural elements can reduce stress and anxiety, improve mental health, and promote physical well-being. By incorporating biophilic design into public spaces such as parks, hospitals, and schools, communities can reduce healthcare expenses associated with mental health issues and physical ailments.

Overall, biophilic design is not only good for the environment but also for the economy. By incorporating natural elements into buildings and urban spaces, we can create more sustainable and profitable environments for businesses and communities.

Source
Photo credit news.google.com