Development and Redevelopment of Contaminated Property

Development and Redevelopment of Contaminated Property

The problem of environmental contamination is a serious impediment to the development or redevelopment of real property. The cost of cleanup can easily render a proposed redevelopment project economically infeasible. This paper describes how sites known to be contaminated can be profitably and succe...

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Bibliographic Details
Published in:Journal of urban planning and development Vol. 117; no. 3; pp. 108 - 120
Main Authors: Janz, James R, Arnold, James R, Mays, Richard H, Shapiro, Richard M
Format: Journal Article
Language:English
Published: American Society of Civil Engineers 01-09-1991
Subjects:
Environmental aspects
Environmental policy
Hazardous wastes
Liability
Pollution
Real estate business
Real property
TECHNICAL PAPERS
United States
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Summary:The problem of environmental contamination is a serious impediment to the development or redevelopment of real property. The cost of cleanup can easily render a proposed redevelopment project economically infeasible. This paper describes how sites known to be contaminated can be profitably and successfully redeveloped. Statutes establishing the ground rules for environmental obligations are reviewed. The environmental investigation process, including environmental reviews and sampling and testing plans, is discussed. Alternative treatment methods for soil and ground-water contamination are also discussed. A site mitigation flowchart is presented to show how remediation alternatives can be developed for each environmental risk. Development alternatives can then be developed for each remediation alternative, and, based upon benefit cost considerations, can be used to produce a remediation and development plan for the redevelopment of contaminated property. A hypothetical example of the redevelopment of a contaminated site is then described, and several actual projects involving the redevelopment of contaminated sites are identified.
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ISSN:0733-9488
1943-5444
DOI:10.1061/(ASCE)0733-9488(1991)117:3(108)