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By Jonathan Robbins
Today’s Market Feels Yesterday’s Mistakes
Weeks after the government takeovers of Fannie Mae and Freddie Mac, the impact
of the subprime mortgage crisis continues. While the financial downturn affects
every avenue of the United States economy, those alleys closest to the real
estate market are feeling it the most, even in the relatively removed
brownfield market. Scott Beckerman, vice president and manager of Comerica Banks’ Environmental Risk Management Group, said he’s seen banks shy away from brownfield projects they previously would have helped
fund.
“We’re in different and strange economic times, and some banks that in the past
would have lent on these types of projects are now hesitant to do so,” Beckerman said.
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Renewal Magazine
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With the Washington budget showing no signs of a quick-and-easy resolution, federal brownfields programs are unlikely to get much of …
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Brownfields and crop development—for the express intent of producing foods—are concepts that have always been strange bedfellows. Mutually exclusive. An…
At this abandoned, blighted factory—consisting of 187,227 square feet in 21 different structures on 13.5 acres in the three…
PROJECT GOAL: To revitalize land that had been sitting idle for years by putting the property back into productive…
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Industry Profiles
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David Flynn Buffalo, N.Y.
Partner, Phillips Lytle, LLP (New York City Office)
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Graham Stevens Hartford, CT
Brownfields Coordinator for the Connecticut Dept. of Environmental Protection
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Roger Register Tallahassee, FL
director and office manager for Cardno TBE Group
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Brownfield Stateside Report
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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. |
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by VeruTEK
A property located on a bank of the East River and in a densely developed residential and commercial area, had its work cut out for it from an environmental remediation standpoint. The mission was to clean up the land and ultimately make one puzzle piece to a larger urban revitalization project that would be redeveloped as a public library and park ranger station.
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Industry Events
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Submit Event
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Industry Experts
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Susan Boyle
Mt. Laurel
Senior Environmental Practice Leader, GEI Consultants
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