We like the hard ones.

Usually some combination of environmental contamination, fragmented ownership, outdated zoning, deferred maintenance on an existing structure, neighborhood opposition history, or a capital stack that needs three or four layers of incentives to pencil. We've worked on sites with all of the above.

Brownfield Tax Increment Financing reimburses eligible environmental and site-prep costs from the incremental property tax revenue the project generates after redevelopment. The site has to qualify (contamination, functional obsolescence, or blight), a Brownfield Plan has to be approved by the local Brownfield Redevelopment Authority, and the developer fronts the costs and gets paid back over a defined capture period — typically 15 to 30 years.

Usually three things working together: a building structure worth saving (good bones, character, location), a financing structure that captures the value of historic tax credits or other incentives, and a use that fits what the building actually wants to be. We don't force apartments into a building that wants to be offices.

Yes — most of our redevelopment work involves close coordination with city planning, economic development, Brownfield Redevelopment Authorities, and the DDA. We bring the deal together; the public partners help make it possible.