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Community Redevelopment Initiatives Presented to the

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Presentation on theme: "Community Redevelopment Initiatives Presented to the"— Presentation transcript:

1 Community Redevelopment Initiatives Presented to the
Village of Midlothian 1

2 Today’s Presenters Mrs. Karen Kreis, Village Trustee
Mr. Peter Cambouris, LPG Mr. Eric Neagu, P.E., LEED AP Ms. Chrystine Shelton 2

3 Presentation Outline Redevelopment Opportunities and Challenges
Why Redevelop a Property? The Redevelopment Grant Redevelopment Process Grant Activities for 2015 Flooding and Stormwater Questions? 3

4 Redevelopment Opportunities
Property Redevelopment Transit-Oriented Development Village Center Enhancement Flood Mitigation and Stormwater Management Strategies 4

5 Redevelopment Challenges
Brownfields Flooding Connectivity Funding 5

6 Redevelopment – Overcoming Challenges
Weaver Boos & Gordon January 28, 2002 Redevelopment – Overcoming Challenges Geotechnical Investigations and Foundations 6

7 Why Redevelop a Property?
Increase quality of life, aggregate value of community, and reduce blight for social development Economic Potential A Catalyst for Additional Development Job Creation Tax Revenue Improve Infrastructure Environmental Viable natural Environments on which we depend Sustainable economic development Sustainable natural & built environment Economic Sufficient income & strong brand & reliable relationships Social Nurture Communities that nurture your business Equitable social ecology

8 What does the Grant do? $400,000 USEPA Assessment Grant Awarded to Midlothian in 2012 and ends September 30, 2015 Program Goals Spur Economic and Sustainable Development Assess Hazardous Substances and Petroleum Site Transit and Cargo Oriented Development areas Assessment Activities Funded by Grant No cost to Property owners or businesses Activities conducted under the Grant are required as part of real estate transactions 8

9 How the Grant Helps You? Activities Conducted Under the Grant are Free to You Activities are Required by Lenders (e.g. Sale, Purchase, Refinancing) Will Put Your Property in Position for Future Redevelopment

10 Redevelopment Process
Due Diligence Phase I Environmental Site Assessment Phase II Environmental Site Assessment Site Remediation Program Pre-Development Planning Development Implementation 10

11 Environmental Process – Phase I ESA
ASTM Phase I Environmental Site Assessment ASTM Reports will be made available to property owners and prospective developers Will let you know the condition of your property for sale or refinancing purposes 11

12 Environmental Process – Phase II ESA
Phase II Environmental Site Assessment ASTM Soil Sample Collection Groundwater Sample Collection Vapor Intrusion Uses TACO (Tiered Approach to Corrective Action Objectives) 12

13 Environmental Process - SRP
Site Investigation to characterize the extent of impacts (e.g., soil, groundwater, surface water, sediments) Remediation Objectives Development Remedial Action Plan Preparation and Approval End use may drive remediation plan Remediation Implementation

14 Activities for 2015 Identify Qualifying Properties
Execute Access Agreements Phase I ESAs Phase II ESAs Potentially Enroll in SRP Further Community Meetings

15 Flooding Impacts

16 Stormwater Concerns

17 Stormwater Strategies
Map Updates Cook County MWRD CRS Projects USEPA Grant

18 What We Need Project Sites Priorities Community Development Concerns
Opportunities Ideas!

19 Questions?


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