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What’s the Dirt on Brownfields?

What’s the Dirt on Brownfields?. REGIONAL BROWNFIELDS INITIATIVE May 9, 2005 ACIRA. Buncombe Henderson Madison Transylvania. Preview. What is a Brownfield? Benefits of Brownfields Redevelopment History of RBI RBI Participants Keys to Success Success Stories New Funding

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What’s the Dirt on Brownfields?

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  1. What’s the Dirt on Brownfields? REGIONAL BROWNFIELDS INITIATIVE May 9, 2005 ACIRA

  2. Buncombe Henderson Madison Transylvania

  3. Preview • What is a Brownfield? • Benefits of Brownfields Redevelopment • History of RBI • RBI Participants • Keys to Success • Success Stories • New Funding • Contact Information

  4. What is a Brownfield? • Real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. “Heart of Fletcher” Project

  5. Economic Creates new businesses In-fill development Creates new jobs Stimulates blighted areas Increases property values Adds to Tax rolls Business New opportunities for development New properties Liability protection Funding assistance Technical assistance Tax Incentives Benefits of BF Redevelopment

  6. History of RBI • RV2010 – identified economic development as major regional strategy • $200,000EPA Grant- Site assessment (Phase I & II) • $50,000EDA Grant – Additional redevelopment activities • $16,000 Advantage West – Additional redevelopment efforts • Key participants are developers, realtors, lenders, local government, environmental consultants, community leaders, legal professionals and more.

  7. Adopted Sites

  8. RBI Keys to Success • “Big Picture” Project Outlook & Structure • Responsiveness to stakeholders • Broad Based Team Concept: Internally and Externally • Strong Marketing • Public Education and Participation • Leveraging of Resources

  9. New EPA Funding • Hazardous substance assessment activities (Phase I & II) • Dedicated Funds for Petroleum Site assessments • Revolving Loan Fund (RLF) $200,000 $200,000 $1,000,000 $1,400,000 TOTAL

  10. Assessment Funds • Identify, characterize and prioritize contaminated sites • Phase I and II Environmental Assessments ($200,000) • Clean-up plans • Technical assistance • Community involvement & outreach

  11. Site Selection Process • Contact LOS RBI team staff • Submit a Site Identification form • Accept sites anytime; deadline for current funding is MAY 31, 2005 • Sites evaluated based on criteria • Sites selected by Work Group and adopted by RBI Advisory Group

  12. Site Selection Criteria Threshold Criteria: • Meets EPA qualifications as a brownfield • Owner willing & able • End use identified & consistent with plan/zoning Ranking Criteria (top criteria): • Developer on-board • Redevelopment plan appears feasible • Economic impact • Part of a larger plan • Location

  13. Revolving Loan Funds • Low-interest loans to developers for clean up activities • Subgrants to non-profits & local governments* • Flexible & favorable loan terms • Technical assistance to meet federal compliance • Funds available for hazardous substance & petroleum sites • Some restrictions apply

  14. Successes: Sites assessed & Brownfields Agreements (BFA) obtained Partnerships Public Awareness New funding Challenges: Properties needed Stigma Trust issues Other barriers to redevelopment Successes & Challenges

  15. Land-of-Sky Regional Council828-251-6622 RBI Project Team Ron Townley, Project Manager & Funding- ron@landofsky.org Linda Giltz, Site Identification & Selection- lindag@landofsky.org Kate O’Hara, Consultant Selection – kate@landofsky.org Holly Bullman, Community Outreach – holly@landofsky.org Jim Stokoe, Industrial Sites – jim@landofsky.org Tracy Wahl, DENR Brownfields Manager – tracyw@landofsky.org www.landofsky.org/brownfields

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