As our economy and urban areas mature and change, once vital military, maritime, railroad, airport and other such facilities have become obsolete and subject to redevelopment and reintegration into the urban fabric. These properties are often situated in prime locations and can become extremely valuable both from a financial and a community development standpoint. However, they typically require substantial investment in demolition, infrastructure, toxics remediation and site preparation, and are subject to contentious scrutiny from a host of governmental, community and interest groups. Managing the complex development, financial, and entitlement challenges in these projects is a demanding task.
EPS has been extensively involved in the formulation of strategies and business terms to implement the reuse of obsolete facilities. Among the services we provide are:
- Military Base Reuse Business Planning
- Military Base Conveyance Negotiations
- Airport, Port and Other Facility Reuse Master Planning
- Comprehensive Reuse Financing Programs
- Developer Solicitation, Selection and Negotiations
- Excess Property Disposition Strategy and Negotiations
EPS has been at the forefront of large-scale, complex property reuse, and has worked with planners, attorneys, engineers, developers and public agencies to develop innovative approaches to reclaiming these important properties.
REPRESENTATIVE PROJECTS:- Port of San Francisco Pier 70 Master Plan
- Lowry Buckley Annex Redevelopment Plan
- Stockton Airport Special Purpose Plan: Market Analysis and Financial Overview
- Developer Negotiations for Redevelopment of Treasure Island Naval Station
- Developer Selection and Negotiations for Reuse of Former Austin Airport
- Hunters Point Naval Shipyard Negotiation Support