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Remediation
and Engineering :: Brownfields Redevelopment Strawberry Fields Forever?…Or Maybe Just Over and Over Again |
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![]() In our increasingly crowded world, re-development of
previously used commercial and industrial properties is becoming the norm
as opposed to the exception. This trend may be seen in the promulgation
of state and federal legislation, collectively known as “brownfields,”
that provide for economic redevelopment and reuse of environmentally distressed
properties. These regulations provide guidance and specify standards of
care for remediation, re-development, and reuse of impacted properties,
but can’t possibly remove all risk. For one thing, subsurface conditions
are invisible and must be ascertained by underground assessments and sampling
at discrete locations and depths. The regulatory and legal environments
surrounding commercial real estate transactions are constantly changing.
Future risk posed by the redeveloped site must be assessed in context
of the intended site use. With its background in site assessment and risk
assessment, IST is well qualified to help clients strategically manage
risk for the safe, beneficial re-use of brownfields properties. IST has
assessed dozens of idled properties for its clients, whether current owners
or prospective developers, and helped to strategize as to appropriate
beneficial reuse. |
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