Brownfield Economic Development
A Community Approach To Brownfield Revitalization
The same old path:Environmental remediation and redevelopment practices have for too long been conducted in a piecemeal approach, with individual property owners undertaking isolated efforts at reducing environmental liability and transferring property. Many property owners have purchased Brownfield properties from former industrial entities and inherited their environmental liabilities. The challenges facing these property owners are complex in nature and, when not managed effectively, result in increased environmental exposure and failed redevelopment.
Many properties remain fenced - owners afraid to uncover the unknowns and unsure of how to manage the complex environmental issues.
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Frequently, these properties end up in tax default - leaving communities with the redevelopment challenge.
Cities, towns, and communities must find ways to successfully leverage their limited resources to target the most visible Brownfield sites and develop a conceptual master plan for property reuse - balancing community public needs with private use.
Municipalities and community groups need help. Providing financial support in the form of state and federal grants is not enough. They need a dedicated team of experts to serve as their extension to provide direction, options, and help steer through the complex nature of Brownfield redevelopment.
The Synapse Team - Your Extension
Synapse has successfully assisted municipalities, businesses, private developers, and community based organizations achieve their redevelopment visions by working as an extension of their organization. We are able to bring the professional expertise needed to move through the many aspects of Brownfield redevelopment, from planning, environmental risk assessment, marketing, remediation, liability transfer, and ultimately re-use.
Synapse provides a mechanism for institution building between the various stakeholders that results in win-win strategies for everyone involved.
With a proven track record in developing strategic partnerships and community connections, the Synapse team is uniquely qualified to assist in building the foundational components of a successful economic development strategy for environmentally challenged properties.
Our experiences include every aspect of successfully redeveloping brownfield properties - from assessing environmental conditions, managing risk, transferring liability, to purchasing properties and restoring them to a higher reuse.
We have assembled a team of professionals with experiences and achievements in the environmental and economic redevelopment arena. This team has developed a streamlined and multi-disciplined approach focused on implementing a redevelopment plan that marries the interests of the community and those investing in the development.
A differentiated way to make change happen…