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Current Issue
 
Drag & Drop
Brownfield Renewal April 2003

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

COVER STORY -- By Scott Broekstra, Grant Gilezan, Mark Jacobs
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, otherwise known as “bona-fide prospective purchasers” or “BFPPs”, as long as they satisfy the, and do not impede the performance of a response action or natural resource restoration. The incentives to …
more MORE
Features

Covers Story
Windfall Lien Provision: Brownfield Property Sellers Could Be in for a Big Surprise
By Scott Broekstra, Grant Gilezan, Mark Jacobs
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 …
more MORE

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 …
more MORE

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 …
more MORE

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. …
more MORE

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 …
more MORE

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 …
more MORE

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 …
more MORE

Defining Moment
Event: In 1997 the Oxford English Dictionary was the first dictionary to define the word brownfield. Action: Establishes a common definition for …
more MORE

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 …
more MORE

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), …
more MORE

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 …
more MORE

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 …
more MORE

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 …
more MORE

State Brownfield Programs Navigating Rough Financial Seas
By Charlie Bartsch
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 …
more MORE

Departments

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 …
more MORE

Renewal Magazine
 

Current Issue  |  Digital Edition  |  Archives

Brownfield Renewal April 2011
Inside the Beltway: Can Bi-Partisanship Boost Brownfields?
With the Washington budget showing no signs of a quick-and-easy resolution, federal brownfields programs are unlikely to get much of …

Chicago Urban Ag Development Is ‘Food for Thought’ ...

Brownfields and crop development—for the express intent of producing foods—are concepts that have always been strange bedfellows. Mutually exclusive. An…

First Panned, Then Well-Planned! ...

At this abandoned, blighted factory—consisting of 187,227 square feet in 21 different structures on 13.5 acres in the three…

Highpointe of Clemson, 500 West Cherry Road, Columbia, S.C. ...

PROJECT GOAL: To revitalize land that had been sitting idle for years by putting the property back into productive…


plus All Archives



Job Board Listings
 

Featured Jobs  |  Newest Jobs |  Sponsors

Human Resources Assistant (Columbus, Indiana)
A manufacturing company located in Columbus, IN is seeking a Human Resources Assistant to join their team.Responsibilities:- Scheduling interviews- Assisting with payroll- Administering on-boarding pa…
Breaker Tester (Doble) (Louisville, Kentucky)
Aerotek Energy Services has an immediate opening in Louisville KY for a Breaker Technician. Candidates Must Have:Doble Factor TestingDuctor/Megger ExperiencePrevious Experience with or at a UtilityQua…
HEAVY CIVIL- SUPERINTENDENT (Rockville, Maryland)
Aerotek is currently looking for a Heavy Civil Superintendent to come on board and work for our client down in the Rockville, MD area. Our client is a Small- Medium size construction company that spec…
Junior Accountant (Charlotte, North Carolina)
Our client, a large manufacturing company located North of Charlotte, is seeking a junior-level Accountant to serve in a ~2 month contract capacity, with possible indefinite extension. Qualified cand…





Industry Profiles
 
Gary O’Connor Gary O’Connor
Waterbury, Conn.
Partner, Pepe & Hazard law firm,

Jason Seyler Jason Seyler
Helena, Mont.
Hazardous Substance Brownfield Coordinator, Montana Dept. of Environmental Quality

Eric Williams Eric Williams
Denver, Colo.
President and Chief Executive Officer, Frontier Renewal



Brownfield Stateside Report
 
Michigan Vision--Regulatory Reinvention
by Staff Report
In Michigan, some are predicting a better business climate for redevelopment and regulatory closure of contaminated properties thanks to a bill Michigan Governor Rick Snyder was scheduled to sign last week. The new regulations should have a positive impact on commercial real estate development and brownfields redevelopment resulting in the creation of jobs.
view all


Industry Events
 
Oklahoma Brownfields Conference
May 22, 2012 - May 23, 2012
Skirvin Hilton Hotel
Ohio Brownfield Conference 2012
May 23, 2012 - May 24, 2012
Columbus
4th Northeast Sustainable Communities Workshop
Jun 07, 2012 - Jun 07, 2012
John Jay College - 899 Tenth Avenue

Submit Event


Industry Experts
 
Kenneth H. Kastman
Chicago
URS Corp.

Susan Boyle
Mt. Laurel
Senior Environmental Practice Leader, GEI Consultants

Therese Carpenter
Phoenix
Environmental Scientist



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