Pictured above: A local developer plans to revive the former Warner & Swasey Co. facility, a dilapidated and boarded-up complex that looms over East 55th Street and Carnegie Avenue into a tech center in the Cleveland area.
An environmentally distressed property or “Brownfield” is a problem for the entire community. By utilizing a “recycling” approach to redeveloping Brownfields, APEC can identify redevelopment opportunities where viable buildings and infrastructure are already present. Redevelopment of Brownfields properties in this way quickly benefits communities by rejuvenating vacant buildings, increasing the tax base and reducing blight.
Our Phase I environmental site assessments when working with a environmentally distressed property keep in mind CERCLA regulations and ensure that your property is in compliance with AAI Final Rule.
APEC provides a turnkey approach to Brownfield Redevelopment. In addition to providing services for State and Federal grant application processing and management, the team addresses potential regulatory compliance issues, environmental assessment requirements, and project specific remediation and closure guidance.
APEC assists our Clients in accessing historical Commercial General Liability (CGL) insurance to fund the remediation of contaminated properties and to satisfy related liability that can be associated with these properties. APEC and our network of attorneys have worked on many projects where the Buyer purchased a contaminated piece of property and used historical insurance coverage to cover costs to remediate the property benefiting both the seller and the buyer.
APEC understands environmental regulations and noncompliance issues, and has helped our clients with agency determined penalties for different types of legal proceedings and agreed orders. Our staff is prepared to provide expert witnesses in the fields of geology, contaminant evaluation, and engineering to provide expert testimony when needed.
Are you looking for an experienced development partner that you can trust? If you would like to speak to someone about your property, feel free to give us a call at (317) 436-7529 or fill out a form anywhere on our website and we will promptly get back to you. Whatever you’re developing, you can count on us for support.
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