Reexamining Superfund Sites

It’s no big surprise to commercial real estate developers and investors that the risk of environmental liability and the high cost of cleaning up a contaminated property makes redevelopment of Superfund sites less than enticing. The Environmental Protection Agency (EPA) has struggled with this problem for years – how do you incentivize the expansion, reuse or redevelopment of abandoned and under utilized contaminated property, also known as brownfields?

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