Mitigation and conservation banks are privately or publicly owned lands that are preserved and managed for their natural resource values. Landowners who establish banks can sell habitat credits to developers that impact similar resources.
WRA is an industry leader in the field of mitigation banking and conservation banking services. Landowners attempting to monetize their property by means of conservation and restoration activities need professional guidance from a team with expertise in biology and ecology as well as real estate and conservation finance to fully capture their land’s ecosystem services value. Bank sponsors have relied upon us to bring together the components crucial to any successful banking venture, including site selection, market and financial analysis, strategic design, bank entitlement, asset management, sales and marketing, and bank disposition and fundraising.
WRA is capable of providing a turnkey solution: we assist landowners in assessing the feasibility of establishing banks on their properties. When feasible, our wetland scientists, wildlife biologists, and landscape architects work collaboratively with property owners to design and permit banks on suitable lands. We also analyze the market demand, biological value, archaeological resources, water rights, and legal status of properties proposed as banks. And we are experienced in negotiating the bank’s financial requirements while balancing the needs of property owners with those of the regulatory agencies.
Our experience enables us to design banks that maximize profits. In fact, our unique approach ensures that the landowner garners the profits generated from the sale of habitat credits.