|From:||peter strauss <email@example.com>|
|Date:||Mon, 5 Apr 1999 14:34:41 -0700 (PDT)|
|Subject:||Re: investment funds for brownfield reclamation|
While I do not have specific information concerning your question (e.g., lenders, insurance companies), I would suggest that a good start would be looking at Netscape, which built its headquarters in Mountain View on a Superfund site known as MEW. Also, several years ago, EPA Region IX conducted workshops at the Tucson International Airport Superfund site with the intent to encourage development and stop a decline in property values. Craig Cooper was the RPM at the time and he may be a good resource. Peter Strauss Knochenmus, Talmon wrote: > > I have heard from lenders that large financial institutions will not > generally finance a former Superfund site, although they may do Brownfield > sites. > > My primary interest is in redevelopment of Superfund sites; I'm wondering > if there are any tools used in Brownfields redevelopment that may be > applicable to Superfund sites. Are there investment firms in the business > of purchasing and redeveloping these sites? Are insurers willing to write > policies for developers of current/former Superfund sites? > > Any thoughts will be greatly appreciated. > > Talmon Knochenmus > 1530 Wilson Boulevard > Arlington, Virginia 22209-2406 > 703.312.8692 W > 703.351.6166 Fax > > -----Original Message----- > From: Eugene P. Schmittgens, Jr. [mailto:EPS@ziercher.com] > Sent: Friday, April 02, 1999 4:32 PM > To: firstname.lastname@example.org > Subject: Re: investment funds for brownfield reclamation > > I almost forgot a couple of other items re: investment in brownfields and > liability. > > First, in the US there are a number of companies that are in the business > of purchasing and remediating environmentally distressed properties. They > are backed by huge investment firms. > > Second, there are a number of insurance products available to insure > against future liability. > > I look forward to further discussions.
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