Real Estate Land Use Conversions — Environmental Considerations

In the current real estate market, we are seeing many existing commercial properties being evaluated under alternative redevelopment options including residential or community uses. Along with the challenges of local permitting and entitlement processes, there are sometimes overlooked elements such as the need to take a closer look at the site conditions from an environmental standpoint. As an example, there may be land use covenants that need to be amended or removed; clients may have a series of “clean” Phase I reports and not realize that those reports did not sufficiently consider a potential residential land use, particularly in the current vapor intrusion regulatory atmosphere; there may be additional investigation/remediation work necessary to enable a change in land use. Join us for this informative webinar to learn more about current environmental considerations in land use.