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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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Financing

Perspective: Is Climate Changing for Brownfields and Redevelopment?
Financing

 

Features

Perspective: Is Climate Changing for Brownfields and Redevelopment?

A Brownfield redevelopment project requires the following: land (impaired) a regulatory body, a regulated entity (developer) and people—people that live next to and near the project property, people that will live in, work at or visit the reinvented property when the project is complete. A successful Brownfield redevelopment project requires one additional ingredient: A productive relationship between these component parts. The pieces can't just exist isolated in space but must… Read more
Rockford's Road to Redemption – Part 1
Financing

Rockford's Road to Redemption – Part 1

In 1999, I had just returned to my hometown to work for the City of Rockford, and I was tasked with developing a plan to rehabilitate the Morgan Street Bridge, which was originally built in 1889, replaced in 1916, and now rapidly deteriorating. Even though I was from Rockford, I really wasn't familiar with the area. I remember being told, "Don't go inspect that bridge by yourself, it's the most… Read more
Risk, Return and Financing Basics
Financing

Risk, Return and Financing Basics

The RE3 Conference, scheduled for November 1-3 in Philadelphia, is fast approaching. The education lineup is solidifying as we speak. Now in its 4th year, the Conference brings together the technical expertise and the concentration of decision-makers and thought-leaders you come to expect. The Conference's Continuing Education program offers technical professionals the opportunity to obtain Professional Development Hours (PDHs) and Continuing Education Credits (CECs) through attendance at the technical program… Read more
The "Little Property" that Could — A Story of Persistence in Redevelopment
Financing

The "Little Property" that Could — A Story of Persistence in Redevelopment

The 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… Read more
Automotive Testing Site: Passing Smart-Growth Test with Flying Colors
Financing

Automotive Testing Site: Passing Smart-Growth Test with Flying Colors

An industrial property in Southeast Michigan that was vital in the allied victory in World War II will soon play a transformative role in the transportation of the future. Michigan's two United States senators and the local member of Congress joined Gov. Rick Snyder and other key figures at a ceremonial groundbreaking for the American Center of Mobility in November, two weeks after Willow Run Arsenal of Democracy Landholdings Ltd.… Read more
Area-Wide Approach Begets Visionary Game-Planning
Financing

Area-Wide Approach Begets Visionary Game-Planning

The concept of area-wide brownfield redevelopment seems to make sense. If a neighborhood, especially one with low-income habitants or minorities, has a number of contaminated sites, shouldn't there be a way to clean them up and improve the community? Shouldn't a plan for remediating brownfields and improving the community be a solid way to start? Valid questions all, but with many good ideas the devil is in the details. The… Read more
Is The Chicago O'Hare Corridor Ready for Takeoff?
Financing

Is The Chicago O'Hare Corridor Ready for Takeoff?

Photo courtesy of Ken Lund/Flickr People—particularly millennials—are a mercurial lot. They'll tell you that living and working in an urban setting is now en vogue—until it's not en vogue anymore. They'll switch their allegiances to the suburbs or exurbs, where the air is fresher and the mind can function more clearly. So what's the trend these days? Is it the city—or green acres? Companies are indeed moving into the urban… Read more
Redeveloping Brownfield Properties — A Simple Guide to Success
Financing

 

Departments

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… Read more
Small Towns Beget Big Payoffs
Financing

 

Features

Small Towns Beget Big Payoffs

There are a lot of impressive numbers in the new report, "The Economic and Fiscal Impact of Wisconsin's Brownfields Investments." For example, the study, prepared by University of Wisconsin-Whitewater Fiscal and Economic Research Center and Redevelopment Economics, indicates that the state's $121 million investment in cleanup and redevelopment of brownfields has produced: Cleanup. 4,713 acres of contaminated land was assessed and/or cleaned up; Redevelopment. 3,393 acres (72 percent of the… Read more
Oregon Land Bank Is Branching Out in 2016
Financing

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 Region’s Urban Growth Boundary (UGB). Of these sites, approximately 1,800, or roughly 78%, are small commercial sites, while 300, or… Read more
Writing for Dollars: Winning Grants for Redevelopment
Financing

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 spending, and how the project ensures a beneficial outcome for the entire community. This requires a skilled craft: grant writing.… Read more
Brownfield Redevelopment: Problem or Profit?
Financing

 

Departments

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 such by as much as $2 trillion. In addition, with the adoption of the Sarbanes-Oxley Act of 2002, and the… Read more

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