Developing Contaminated and Blighted Properties
Thursday, August 16, 2018, 9 a.m.
Thursday, August 16, 2018, 5 p.m. PDT
Seattle, WA, United States
Seattle’s real estate market has been leading the nation for several years, with more cranes dotting our horizon than any other city in the country. This demand has resulted in many properties that have historically been “upside down” to now be viewed as being ripe for development.
This seminar will include presentations by attorneys, consultants, and other representatives of the regulated community regarding the current and historical environmental issues that have impeded property redevelopment. It will discuss in detail some of the regional issues faced by developers along Ship Canal and South Lake Union, including regulatory changes and broad liabilities that future owners of these properties may face. The seminar will offer potential alternatives for minimizing these liabilities, including the use of air space condominiums, and will outline how recently imposed restrictions on construction and other dewatering discharges to sanitary sewer may significantly impact redevelopment costs. Finally, the seminar will address Ecology’s evolving relationship with the Pollution Liability Insurance Agency and the ways in which these changes may affect the schedule and overall outcome of regulatory closure.
Heide Stevenson, firstname.lastname@example.org