Ever wonder why some sites sit and some get developed? How brownfields issues affect developer decisions. See how the brownfield redevelopment and real estate development process intersect. Fully participate in the process and understand the key players and critical decision-making steps. Topics covered include cover basic real estate terminology, concepts, and a general overview of the development process, including the role of critical players such as the development team, the public sector, and community stakeholders. Key terminology necessary to understand the development process, including proforma, cap rates, lease rates, defining costs, and other basics of real estate development will be discussed.


This is the first webinar in a FREE webinar series for the Office of Brownfields and Land Revitalization's (OBLR) RE-Development Academy for Communities, which also includes a half-day workshop at the 2019 National Brownfields Training Conference.. Together, they comprise a single, full Academy program designed to provide community members with a general understanding of real estate and brownfields redevelopment. Each session builds on information and skills covered in each of the previous sessions in the series and a workshop at the conference where you will compete to redevelop a most valuable and complicated brownfields site. Your participation in each session will ensure you get the most out of the training.

This webinar is being offered for community members (including local governments, economic development and environmental protection departments, community nonprofits, brownfield redevelopment agencies & other local stakeholders), technical assistance providers, and state and tribal partners.

Presenters:

Michael Taylor, Vita Nuova, LLC
Michael Taylor, President of Vita Nuova LLC, a national consultancy, leads the repositioning and disposition of complex sites including former nuclear sites, refineries, chemical facilities and sites with significant stigma due to off-site contamination or other issues. Vita Nuova has become known as a specialist in creating value where none exists and developing approaches to long-term sustainable outcomes for all parties. Mr. Taylor has a broad background in environmental science, planning, real estate, stakeholder engagement and sustainability. He chaired the ASTM task group for the National Standard on Sustainable Brownfields Redevelopment and served on the US EPA National Environmental Justice Advisory Committee from 1998-2002. He has trained over 3,000 local economic development, state and federal officials in real estate and redevelopment of contaminated properties, co-authored numerous publications and guidance for US EPA and others and contributed to national brownfields, RCRA and superfund redevelopment policy. He was a graduate Rockefeller fellow at Yale University, where he studied Environmental Science, Public Policy and Ethics. He graduated Cum Laude in Urban Planning and Economics from Roanoke College, is a certified planner with the American Planning Association, and a full member of the Urban Land Institute.

Abbie Emison, Vita Nuova, LLC
Abbie Emison has worked with a variety of public, non-profit and private entities to facilitate the redevelopment of contaminated properties. She has administered numerous state and federal brownfield assessment and revolving loan fund grants and provided guidance to other grant recipients. In addition, she has managed brownfield real estate transactions and developed numerous strategic economic development and reuse plans for various municipalities.

Ms. Emison serves as an economic analyst, deploying a variety of quantitative tools to guide redevelopment of former manufacturing and industrial sites across the country. Ms. Emison has a Bachelor’s in Economics and Political Science from Wellesley College and a Master’s in City Planning from the Massachusetts Institute of Technology. While at MIT, Ms. Emison received the American Institute of Certified Planners Student Project Award for the application of the planning process.

Moderator:

Aimee Storm, U.S. EPA, Office of Brownfield and Land Revitalization (storm.aimee@epa.gov or 202-566-0633)
Aimee Storm is EPA's Land Revitalization Coordinator within EPA's Office of Brownfields and Land Revitalization (OBLR). Her work supports community-led redevelopment of contaminated properties and associated neighborhood revitalization strategies. Prior to joining OBLR, Aimee worked on projects that promote green and healthy buildings and sustainable development approaches within EPA Region V's Chicago office. She also worked with EPA's Federal Facilities Restoration and Reuse Office, where she coordinated EPA's land reuse and revitalization efforts on federally-owned properties, including military base redevelopment. Aimee holds Masters Degrees in City & Regional Planning and Business Administration.

Webinar Slides and References:

• Slide Presentation for Michael Taylor and Abbie Emison, Vita Nuova, LLC (23.6MB/PDF)

Webinar Slides and References:

• Slide Presentation for Michael Taylor and Abbie Emison, Vita Nuova, LLC (23.6MB/PDF)

Additional Resources:

• RE-Development Academy Webinar #2: Peering into the crystal ball: how the market decides future use, October 18, 2019
• RE-Development Academy Webinar #3: Pulling back the curtain: How developers make money, November 8, 2019