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ARTICLE · 21 FEBRUARY 2019

Brownfields Redevelopment Receives Boost Under The BUILD Act

Ward and Smith, P.A
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Brownfields projects have long provided win-win opportunities for prospective developers and communities.

United StatesReal Estate and Construction
Amy Wang
Amy Wang

Redevelopment of environmentally-damaged property has seen steady growth in North Carolina and nationwide.

The attraction to dense, urban communities offering work/live/play opportunities and away from suburban living has provided profitable opportunities to resurrect older, derelict buildings on properties which redevelopment is complicated by the presence of hazardous substances, pollutants or contaminants under federal and state Brownfields programs. Under the North Carolina Brownfields Program, properties with soil and groundwater contamination can be redeveloped without full cleanup of the property if certain site-specific land use restrictions and other measures to protect facility inhabitants and the public are implemented. Brownfields properties can offer a less expensive way to relocate or grow while also satisfying consumer demand for sustainable development practices and craft communities.

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