Brownfields Redevelopment and Contaminated Properties
Beveridge & Diamond, P.C. attorneys have served as regulatory, transactional, insurance and land use counsel for buyers and sellers of Brownfields properties in more than 30 states. Examples of the Firm's experience with brownfields redevelopment and contaminated properties include:
- Negotiating one of the largest pollution policies ever to be issued for a portfolio of commercial shopping center properties.
- Representing the owner of commercial property in Westchester County, New York in negotiations with the responsible party concerning the remediation and redevelopment of a commercial parcel located in New Rochelle. This matter involves negotiations with the City of New Rochelle, business relocation issues, site development issues, financing issues, and zoning issues.
- Represented the Town of Hempstead in Nassau County with regard to the development of public open space at a large former municipal solid waste landfill. The Town sought to construct a park and nature preserve on a former landfill in conjunction with required capping and closure activities. The project required relief from a number of regulations and use of innovative engineering measures to facilitate the contemplated use. The park is currently in use.
- Representing a private real estate investment trust (REIT) in the acquisition of former industrial property in northern Texas for redevelopment as multi-family residential housing, including risk management counseling relating to historic industrial contamination, remediation under the Texas brownfields program and advice regarding environmental pollution legal liability (PLL) insurance.
- Advised a major industrial manufacturer with regard to the remediation and divestiture of a former manufacturing facility in western Virginia implicating the Resource Conservation and Recovery Act’s (RCRA) corrective action requirements, as well as real estate, land use, contractual and risk mitigation considerations.