Brownfield/ Redevelopment/ Incentives
Navigating the regulatory and financial challenges of revitalizing Brownfield properties can be both risky and complicated. FTCH helps property owners and developers with financing, incentive and grant applications, and more to create a new vision from an eyesore.
Brownfield sites are contaminated, blighted, historic, or functionally obsolete pieces of property where expansion, redevelopment, or reuse is hindered by environmental or non-environmental impediments.
Often, redevelopment of these sites can include incentives such as tax increment financing (TIF) or MDEQ Brownfield grants, both attractive to developers and buyers. Our experience working with the MEDC, MDEQ, and EPA application and grant process leads to more opportunity for incentives for your project.
FTCH’s experts in environmental, architectural, engineering, and construction services will help evaluate the site/building, identify potential funding sources, and work with the developer, lenders, MDEQ, local units of government, and the community at large to properly revitalize these Brownfield sites.