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:
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: