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The successful redevelopment of an abandoned or underutilized contaminated
property, often referred to as a “brownfields site”,
requires the teaming and skills of the many disciplines involved
with commercial development. StoneHill provides the expertise required
to assess the risks posed by environmental contaminants associated
with a Brownfields site and determine the cost to minimize identified
risks. The strict liability imposed by the federal Superfund program
on owners and operators of contaminated property has had the unintended
result of discouraging the repurchase and reuse of some contaminated
properties. However, many States and the U.S. EPA have established
Brownfields Programs which provide incentives for redevelopment
of abandoned or underutilized contaminated properties by persons
or organizations which did not cause the contamination. Such incentives
potentially include grants, loans, environmental insurance, and
liability indemnification. Brownfields programs pertain to sites
contaminated with hazardous substances - chlorinated solvents, metals,
coal tar - or petroleum releases not associated with use of petroleum
spill cleanup funds. Following completion of a site investigation,
risk assessment and remediation as necessary, a purchaser could
receive comprehensive liability protection. Risked-based cleanup
goals are often established in conjunction with restrictions on
future site use, allowing site development without cleaning up to
background conditions. A covenant-not-to-sue is often obtained which
protects the purchaser against liability for past contamination
and future contamination that may be identified. As a key member
of the development team, StoneHill’s common sense approach
to Brownfields sites provides value added benefit, improving the
economic viability of such projects.
Selected Project Summary
| INDUSTRIAL PROPERTY, SOMERSWORTH, NH |
StoneHill
assisted the purchaser of this former machine shop and the
U.S. Small Business Administration obtain one of the first
Certificates of No Further Action issued for a New Hampshire
Brownfields property StoneHill prepared a Site |
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Investigation Plan which
was approved by the NH Department of Environmental Services,
completed soil borings, collected soil samples for laboratory
analyses, installed groundwater monitoring wells, collected
groundwater samples for Site presence of laboratory analyses
and prepared a comprehensive1,1,1-TCA, 1,1-DCA and chloroethane
in groundwater, the concentrations were below NHDES |
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Method 1 Groundwater Quality Standards. Additionally, while
likely release locations were identified, none of the groundwater
contaminants were identified in soil samples collected. Soil
analytical results indicated elevated concentrations of arsenic
and total petroleum hydrocarbons, above applicable NH standards.
The RAP was implemented, a Completion Report prepared and
a Certificate of No Further Action generated by the State
within five months of commencement of the project. |
Click here to contact StoneHill to
learn more about Brownfields Redevelopment Services
600 State Street, Suite 2
Portsmouth, NH 03801
Telephone: 603-433-1935
Toll Free: 1-800-639-4503
Fax: 603-433-1942
info@stonehillenvironmental.com
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