Brownfields

Exit Strategy provides an effective solution to expedite real estate redevelopment and reuse after the cleanup of contaminated sites.

Corporate Divestiture and Redevelopment of Prime Manhattan Real Estate Made Possible by TRC Exit Strategy
New York Brownfield

A major public utility operated a steam and power generating plant on prime waterfront Manhattan real estate for more than 150 years. The plant is part of a nine-acre site that includes an old office building and large underground fuel storage. As one of the largest brownfield redevelopment sites in the nation, the New York Times described it as a "developer’s dream." To make that dream a reality, the site needed to be remediated from the impacts associated with coal and fuel oil, urban fill, and PCBs—which it had been exposed to during its many years in service.
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TRC Assumes Manufacturing Site Environmental Liabilities
Helps City and Owners Conclude Transaction for Redevelopment
Kenosha Brownfield

A former manufacturing site occupied a 12-city block residential and commercial area in a city located in the upper Midwest. The facility, which opened in the late 1800’s, had been a source of community employment for over 100 years. When the plant closed, city officials saw a potential for redevelopment that could revitalize a major part of its urban area. The city was concerned about the liability associated with the environmental conditions and the former owners were concerned about the impact on the scope of the cleanup associated with a future use that could include residential development.
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