Redevelopment Economics

Skills and Services:

• Incentives and gap-financing
• Tax increment financing feasibility analysis
• Market analysis
• Site reconnaissance
• Financial analysis/pro forma analysis
• brownfields issues  - regulatory and financing
• Economic and fiscal impact analysis
• Environmental impact analysis
• Grant applications - high success rate

See our Qualifications for Creative Financing 

Illustrative Projects:

Centralina COG (Charlotte, NC/SC) - Market analysis and pro forma  financial analysis for four brownfield sites, including the Southern Industries textile mill, Clover, SC (above).  The project tested alternative financial tools for closing gaps on long-term vacant or problem properties.

Other projects:

• Washington County Economic Development - analysis of financing options for three industrial sites with the Fourth Economy.
• Borough of Carlisle - tax increment financing feasibility analysis.
• City of Wilmington - Managed RFP and developed EPA Grant application.
• Musician's Live-Work-Recording - market analysis and gap-financing for innovative Philadelphia project.
• City of Rochester - TIF feasibility.
• Market Street LLC - gap financing for reuse od power plant in New Orleans.
• Baltimore Development Corp - TIF feasibility analysis, various sites, including Gateway South.
• Montgomery Park, LLC - gap financing through HUD 108.
• National Aquarium in Baltimore - brownfields financing.
• Baltimore Dept of Planning - market analysis for retail (“The Avenue,” 36^thstreet).
• Whitman Requardt & Associate - Regulatory assistance for  801 South Caroline Street.

Whitman Requardt Building in Baltimore

Assisted with EPA funding for site assessment and regulatory assistance for cleanup.

Connections to Gap Financing

Montgomery Park in Baltimore - Creative use of HUD 108.  See: Montgomery Park: A Model for Using HUD 108 for Brownfields Development

Presentations and Articles:

• Evans Paull' article on State Super TIF programs "Super TIFs Are Transforming Three Cities," pubished in Planning.
• Evans Paull presents "State Brownfields Incentive Programs - Creative Policy Solutions" at the 2015 National Brownfields Conference

• Evans Paull presented "Creative Financing for Brownfields- Greyfields Redevelopment, What's Working Now," at the New Partners for Smart Growth Conference, Feb. 2012