Brownfield Redevelopment

Quick Facts

  • The USEPA estimates that over 500,000 brownfields exist in the United States.
  • One acre of redeveloped brownfield corresponds to 4.5 acres of greenfields “saved” from new development.

Due to the number of stakeholders involved, brownfields require an interdisciplinary approach to remediation. Sovereign is experienced at working with developers, communities, investors, lenders, and government agencies to coordinate key efforts for successful brownfield redevelopment.

An effective brownfields remediation is not just an environmental project, but a community redevelopment project. Brownfield properties can impede economic development. We have expertise in addressing the needs of project stakeholders, managing public relations for redevelopment projects, estimating the costs and benefits of site redevelopment, obtaining project financing from public and private sector sources, and finding developers and purchasers to meet a brownfield project’s end-use goals.

Our brownfield redevelopment services are:

  • Developer/equity investor solicitation
  • Economic analysis/business plan development
  • Reuse planning and analysis
  • Site visioning
  • Conceptual layout/design
  • Marketing material development
  • Legal and liability analysis
  • Public funding assistance

Our strategic partnership with RE Invest Solutions, LLC gives our clients with brownfield redevelopment sites a competitive edge for obtaining environmental insurance and sufficient capital.