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Redeveloping Brownfield Properties — A Simple Guide to Success

So — you want to redevelop your brownfield site and you are wondering what steps to consider? If you are a developer, a municipality, or a non-profit organization there are several initial questions and actions to consider. In my experience there are three items that you should always explore: Potential environmental impacts or liabilities; the future reuse of the property; and how to fund the work you need to make your vision a reality. Environmental Due Diligence: In this day and age, with due diligence having been a key topic for decades, it is still surprising to find savvy investors still purchasing properties — some with obvious environmental impacts — without performing their due diligence prior to purchase. I met with one of these last week who purchased by tax sale a very large former industrial property with known impacts. While there are still some mechanisms in place to fund…Log In to Read Full Article

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Oregon Land Bank Is Branching Out in 2016

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