• 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

 

Risk Management

Potential Risks in Redevelopment and Adaptive Reuse Projects
Risk Management

 

Features

Potential Risks in Redevelopment and Adaptive Reuse Projects

Finding greenspace in older cities and highly developed areas present unique opportunities to develop new residential and commercial spaces. But the adaptive reuse of former industrial and warehouse properties offers developers a unique architectural platform to repurpose an existing structure and bring life back into often vacant buildings or blighted areas. While some environmental concerns with repurposed development of older properties (gasoline stations, dry cleaners, asbestos, and lead based paint)… Read more
Insuring Project Risk, Assuring Risk Management
Risk Management

 

Departments

Insuring Project Risk, Assuring Risk Management

When you think of risk management in the context of smart growth best-practices, what comes to mind first? Is it risk management that connects to crafting a solid, right-sized insurance program? Is it indeed the insurance piece, but also combining the basic block, tackle and kicking tactics and strategies that help mitigate risk at your project site? Bingo—risk management has many tentacles—is all-encompassing. Sometimes the nuanced pieces of the puzzle… Read more
Methods That Should Be On Your Radar
Risk Management

 

Features

Methods That Should Be On Your Radar

Geophysical surveys can be the bedrock of today’s environmental projects, from locating abandoned underground storage tanks (USTs) and utilities, to complex mapping of geology in remedial investigations, to finding landfill boundaries and other buried unknown problems. In the past few decades, a variety of non-destructive testing methods are gaining in popularity over expensive and time-consuming drilling and digging for environmental projects. Among these, the method of pairing ground penetrating radar… Read more
Environmental Liability Insurance for Owners, Developers, Lenders and   Contractors
Risk Management

Environmental Liability Insurance for Owners, Developers, Lenders and Contractors

Redevelopment of a brownfield property, whether it be for a high-profile stadium or a small apartment complex, requires the coordination of efforts between property owners, developers, lenders, govern-mental regulators, contractors and the general public.   Each of these parties has its own personal economic and environmental interest in the betterment of the brownfield. At the same time, each of these players brings to the table his or her own concerns,… Read more
When the Indemnity Fails: Insurance as a Back-Stop
Risk Management

When the Indemnity Fails: Insurance as a Back-Stop

Access to capital and stricter lender underwriting standards are often cited as significant hurdles to buyers. Increasingly, environmental impairment liability insurance is being required by lenders as a condition of securing financing. For sellers, whether public or private entities, finding buyers for properties with known environmental impacts, or those that may have such impacts, can be equally challenging. The allocation of liability for pre-existing contamination can be back-stopped with Premises… Read more
Reverse Site Selection: An End-User Focused Redevelopment Strategy
Risk Management

 

Columns

Reverse Site Selection: An End-User Focused Redevelopment Strategy

For companies and communities alike, brownfields might be the most underused and misunderstood resource available. Many of brownfield properties are situated at key locations that once maximized their owners’ access to raw materials, to markets, logistics networks, and key utilities. Many of these properties are also located near ports, along strategic transportation/transit corridors, and in urban infill locations. While the properties may have problems and the infrastructure dates from an… Read more

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