With certain legal exclusions and additions, the term "brownfield site" means 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.
The US EPA has a very helpful document that provides an overview of the brownfields cleanup and redevelopment process. The document identifies key challenges in brownfields redevelopment, critical participants in brownfields transactions, and important stages throughout processes, and long-term property management. The document can be found here.
The US EPA has a very helpful document that provides an overview of the brownfields cleanup and redevelopment process. The document identifies key challenges in brownfields redevelopment, critical participants in brownfields transactions, and important stages throughout processes, and long-term property management. The document can be found here.