$9.4M NOAA grant highlighted; study estimates billions in lagoon ecosystem value
Feb 24, 2026
Presenters told the commission that a $9.4 million NOAA transformational habitat grant supports restoration across the Indian River Lagoon and that a Balmoral Group economic valuation estimates more than $10 billion annually in ecosystem-service values across the lagoon system and about $3.1 billion in property-value premiums in Indian River County.
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County commissioners heard a detailed presentation on the Indian River Lagoon's restoration work funded in part by a $9.4 million NOAA grant and on a new economic valuation of lagoon ecosystem services.
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