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  • Rockford, Ill.: Modernizing a Century–Old Community Landmark

  • RE3 Focus: Pennoni On Leading Edge of Sub-Slab Depressurization

  • Using GIS To Decipher Large-Scale Remediation Projects

  • Right Place, Right Time

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April 2003

1996—Brownfield’s Busy Year
 
Environmental
1996—Brownfield’s Busy Year

Event: ASTM RBCA Standard is passed, Cherokee establishes first brownfield opportunity Fund, Brownfield News magazine goes into production and many other events take place. Action: Rash of activity occurs on multiple fronts. Connection: Government awakens the private sector to a new market opportunity as a new wave of public and…Read more

Assuring the Market
 
Environmental
Assuring the Market

Event: The insurance industry begins to issue expanded insurance policies that cover the wide range of risks associated with remediating and transferring environmentally impaired properties. Action: AIG Environmental, ECS, Frontier, Zurich and Kemper began to issue new insurance policies in the brownfield market and developers and remediation contractors began to…Read more

 
Environmental
Brownfield Bill

Congress began to look at ways to support the reuse of contaminated properties and in each congressional session from 1993 onward members introduced more then 25 bills from both sides of the aisle in both houses. Some were aimed at providing tax incentives for redevelopment, others would provide money directly,…Read more


 
Environmental
Defining Moment

Event: In 1997 the Oxford English Dictionary was the first dictionary to define the word brownfield. Action: Establishes a common definition for practitioners to use and build upon when shaping policy and law. Connection: Brings confidence and credibility that this is a sustainable market not a fad. The word brownfield…Read more

 
Environmental
Force Mayor

Event: U.S. Conference of Mayors holds first Brownfield Forum at their 1994 Annual Summer Meeting in Portland, Ore. Action: Mayors across the country awoke to the importance of the issue and created a brownfield task force to address the challenges of redeveloping brownfield sites. Connection: Mayors take their message to President Clinton,…Read more

 
Environmental
Help From the Feds

Event: The EPA issues first Memorandum of Agreement to Illinois with additional MOA’s negotiated with the states of Minnesota, Wisconsin and Indiana. The MOA recognizes the states’ capacity to oversee brownfield cleanup. Action: Increased comfort in state liability relief programs as federal government recognizes states as leaders. Connection: Causes market…Read more

 
Environmental
New Law Makes Market

Event: The state of Michigan first to adopt new legislation (Part 201 of the Michigan Natural Resources and Environmental Protection Act) that replaces strict liability in Michigan law with causation liability. Action: Makes polluters responsible and liable for cleanup. This reduces prospective purchasers’ fears of environmental liability and begins to…Read more


 
Environmental
New Priorities Rise

Event: New Republican administration takes office in unusual election; economy turns from prosperous to sluggish, corporate accounting scandals and bankruptcies increase and America experiences major terrorist attack. Action: National security, the economy, the falling stock market and rising unemployment concerns rise in priority as nation focuses on reacting to a…Read more

 
Environmental
Old Sellers New Buyers

Event: The first wave of specialty development companies that were dedicated to acquiring brownfields on a consistent basis began to form. Action: The companies that entered the market included LandBank, Cherokee Industries, Brookhill, Brownfield Remediation, Hemisphere, Greenfield, Greenpark, Mars Equity and Brownfield Development and represent the first wave of private…Read more

 
Environmental
Revolving Capital

Event: The EPA provides Stamford, Conn. with $500,000 to capitalized their revolving loan fund program. In November Stamford makes a loan to the first private firm to help fund cleanup. Action: Brings attention to the problem of capitalizing cleanup and the need for government and private sector sources of high-risk…Read more

 
Environmental
State Brownfield Programs Navigating Rough Financial Seas

State brownfield program initiatives continue to evolve and mature, in the face of turbulent economic times, even as their basic goals remain the same. States are struggling with significant budget pressures, and trying to balance the need to do things like offer incentives to attract investment to brownfield sites—recognizing the…Read more


 
Environmental
The Future of the Market—Part III

In our introduction to the first part of this history we asked, “Did people make the events, or did the events make the people?” If we had answered that question at the end of Part I, we would have leaned toward events. At at the end of Part II the…Read more

 
Industrial Redevelopment
Industry Watch

Federal Report In the Hopper Senators Carl Levin (D-Mich.), Jim Jeffords ( I-Vt.) and Susan Collins (R-Maine), have introduced legislation to assist communities in redeveloping brownfields. The Brownfields Redevelopment Assistance Act of 2003 would expand the Department of Commerce’s Economic Development Administration’s initiatives to assist communities with brownfield redevelopment by…Read more

 
Industrial Redevelopment
Windfall Lien Provision: Brownfield Property Sellers Could Be in for a Big Surprise

Congress had good intentions when, on January 11, 2002, it reformed parts of Superfund (CERCLA) by enacting the Small Business Relief and Brownfield Revitalization Act and its amendments. Congress attempted to start brownfield investment by providing funding for brownfield redevelopment and by exempting from liability new owners of contaminated sites,…Read more

 
Urban Planning
Urban Redevelopment

Event: Brownfield Economic Development Initiative funding begins in 1999 supplementing EDI grants and enhancing HUD’s Section 108 Loan Programs and Community Development Block Grants (CDBGs), the first dedicated HUD grant program. Action: Makes HUD think creatively to use existing resources and reapply them toward Brownfields raising awareness of among other…Read more



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