Recent advances in self-supervised learning have led to the development of foundation models that have significantly advanced performance in various computer vision tasks. However, despite their potential, these models often overlook the crucial role of high-resolution digital surface models (DSMs) in understanding urban environments, particularly for building-level analysis, which is essential for applications like digital twins. To address this gap, we introduce HiRes-FusedMIM, a novel pre-trained model specifically designed to leverage the rich information contained within high-resolution RGB and DSM data. HiRes-FusedMIM utilizes a dual-encoder simple masked image modeling (SimMIM) architecture with a multi-objective loss function that combines reconstruction and contrastive objectives, enabling it to learn powerful, joint representations from both modalities. We conducted a comprehensive evaluation of HiRes-FusedMIM on a diverse set of downstream tasks, including classification, semantic segmentation, and instance segmentation. Our results demonstrate that: 1) HiRes-FusedMIM outperforms previous state-of-the-art geospatial methods on several building-related datasets, including WHU Aerial and LoveDA, demonstrating its effectiveness in capturing and leveraging fine-grained building information; 2) Incorporating DSMs during pre-training consistently improves performance compared to using RGB data alone, highlighting the value of elevation information for building-level analysis; 3) The dual-encoder architecture of HiRes-FusedMIM, with separate encoders for RGB and DSM data, significantly outperforms a single-encoder model on the Vaihingen segmentation task, indicating the benefits of learning specialized representations for each modality. To facilitate further research and applications in this direction, we will publicly release the trained model weights.