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  • Legacy Brownfields: Corporate Leadership in Revitalizing Brownfields for Community Renewal

    Thursday, December 12, 02:15 pm - 03:15 pm
    502 A
    Panel Discussions
    Track 5: State, Tribal and Local Government Programs and Partnerships
    This panel will highlight how a corporation can pro-actively clean up legacy contaminated sites and create new assets aligned with community priorities. Honeywell and RACER Trust (GM properties) will share case studies, detailing how cross-functional teams worked with communities, government agencies and elected officials to return properties to productive reuse. Contrary to “moth-balling”, both of these corporations have led the way in showing how leadership, multi-sector partnerships, innovative and forward-thinking cleanups, and stakeholder engagement can lead to transformative brownfield redevelopment projects. RACER Trust will provide a case study of the coordinated remediation, marketing, sale and redevelopment in partnership with local/state or federal government of a former GM property located in Livonia, Michigan which resulted in $160 MM in private investment, 1.5 MM SF of new construction and the creation of 1,000 new jobs. Honeywell will spotlight the role of public/private partnerships in its successful redevelopment of two properties. The first site is a 95 acre mixed use development that includes a high percentage of low and moderate income housing in a live, work, play environment in Jersey City, New Jersey. At a port property In Baltimore Maryland, Honeywell worked closely with EPA, City government, developers, financiers, commercial tenants, and residents to create a bold vision and to translate that vision into reality.
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