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
• Zoning issues
• Economic and fiscal impact analysis
• Environmental impact analysis
• Climate change impact analysis
• Grant applications - high success rate

Illustrative Past Projects:

• Assisted the City of Rochester in analyzing the potential to use tax increment financing for redevelopment projects;
• Assisted the developers of the Market Street Power Plant in New Orleans with gap-financing;
• TIF feasibility analysis – various sites in Baltimore City, including Gateway South (for Baltimore Development Corp) 
• Gap financing for Montgomery Park (for Baltimore Development Corp) 
• Brownfields financing for National Aquarium in Baltimore’s Center for Aquatic Life and Conservation (for Baltimore Development Corp)
• Market analysis for retail – “The Avenue,” 36^th street, Hampden, Baltimore
• Regulatory assistance for Whitman Requardt & Associates ref 801 South Caroline Street

Whitman Requardt Building in Baltimore

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

Montgomery Park in Baltimore

Connections to Gap Financing - While with Baltimore Development Corporation, Mr Paull assisted Montgomery Park by identifying gap financing sources.  An $8 million funding gap was closed through creative use of HUD 108.  The problem and the solution are described in: Montgomery Park: A Model for Using HUD 108 for Brownfields Development

Need New Markets Tax Credits for a Brownfields Project?  We can connect you to the CDE's that fund brownfield projects.

Current/recent Clients for Financing Services:

• City of Rochester for tax increment financing feasibility analysis
• Brownfields Equity Company
• Market Street Development, LLC

Presentations:

"Brownfields and Creative Financing, What's Working Now," at the NJIT Brownfields Conference, Oct., 2011