Brownfield sites can pose significant financial and environmental challenges to a developer but represent tremendous redevelopment opportunities. Many factors can contribute to the Brownfield condition of a site and our team is ready to successfully facilitate revitalization of these types of properties through appropriate risk management and remediation planning and implementation. Our experts in environmental, engineering, architectural, and construction services will help evaluate the site or building, identify potential funding sources, and work with the developer, lenders, state and local governments, and the community to properly repurpose the Brownfield site into new and welcoming facilities, neighborhoods, and businesses.
Navigating financial and economic incentives for revitalizing Brownfield sites can be complicated and risky. We help property owners, local communities, and developers with financing, incentive and grant applications, and other regulatory needs. Incentives can include tax increment financing (TIF) or MDEQ Brownfield grants. Our experience working with agencies such as the DEQ and MEDC can help expedite redevelopment efforts, ease the process of understanding regulatory requirements and lead to more opportunity for your project.
FTCH is known for the ability to see the big picture and leverage our talent to find solutions that meet or exceed our client goals related to mergers, acquisitions, divestitures, Brownfield redevelopment, and meeting/defining site specific regulatory cleanup requirements. The remediation group serves our clients with interest in the areas of management, regulations (CERCLA, RECRA, LUST, state cleanup programs), engineering, biology, chemistry, hydrogeology, and contaminant fate and transport. We work with our clients to achieve their specific goals for remediation in interest and consideration for environmental safety.
Prior to acquiring a site, it is important to investigate potential environmental or other risks associated with that site as a critical first step. Whether it is completing a Phase I and II Environmental Site Assessment or asbestos and lead survey, these key activities provide valuable information for a prospective purchaser or developer that determine liability, due care, and other concerns. Our experts work to establish liability protection through the Baseline Environmental Assessment process and ensure due care compliance by mitigating potential exposure concerns and exacerbation issues.
Vapor from groundwater or soil contamination can pose a series of health and environmental risks. Dangerous contaminants located underground and out of sight can migrate into homes and work places. We work with clients to identify the source and create a plan to remediate the contamination. Successfully evaluating and mitigating hazardous vapors requires FTCH’s experience in design and installation of vapor mitigation systems.