The "Little Property" that Could — A Story of Persistence in RedevelopmentThe city of Mendota, located in north central Illinois, has a population of just over 7,000. Their motto is the "World's Greatest Little City." Although small in population, they have been very aggressive in their efforts to develop the land in and around the city limits. One such parcel of land where a gas station once sat has been a part of the redevelopment process for almost 15 years. The former gas station located in a high traffic area in Mendota is at the heart of this story. During its heyday from the 1950s to the 1980s, it served as a service station providing fuel and service for numerous cars heading east and west through north central Illinois. Our story begins more than 20 years after closing and focuses on creative funding, redevelopment, and the importance of a champion for the cause. In 2016, Mendota approached Fehr Graham, a regional…Log In to Read Full Article
Writing for Dollars: Winning Grants for Redevelopment
Securing brownfields redevelopment funding through the U.S. EPA involves a competitive process that requires submitting a grant proposal. The proposal must detail the type of grant sought, the work proposed, the additional funding that could be secured to guarantee completion, how the work will be implemented to safe guard effective… Read more
Oregon Land Bank Is Branching Out in 2016
As in many states throughout the country, the redevelopment of contaminated real property in Oregon’s urban, suburban, and rural communities is a problem. In the Portland metropolitan region alone, there are approximately 2,300 brownfield properties, covering approximately 6,300 acres that represent almost 7% of all commercial/business properties within the Metro… Read more
Brownfield Redevelopment: Problem or Profit?
According to the N BAs (N BA), there are approximately 500,000 and probably more than 1,000,000 brownfield sites in the United States alone, representing 2.5 to 5 million acres. They further estimate that environmental hazards are present in 20 to 50 percent of all existing industrial real estate properties, devaluing… Read more