2018 Minnesota Real Estate Journal Brownfields Redevelopment Summit

The 2018 Minnesota Real Estate Journal Brownfields Redevelopment Summit featured key topics such as vapor intrusion, strategic data practices for real estate acquisitions, and funding mechanisms for brownfield redevelopment projects. The event also included a presentation on the development of Allianz Field, the new stadium to Minnesota United FC that is set to open in spring 2019.

Event Information:

Date – May 23, 2018
Location – Golden Valley Country Club

Agenda Items:

8:05 AM Navigating Unique Environmental Site Challenges: Financing, Liability & Vapor Intrusion
Moderator: Dan Schleck, Messerli & Kramer
Chris Anderson, Bank Cherokee
Wade Carlson, Carlson McCain
Elizabeth Schmiesing, Winthrop & Weinstine
David Stokes, Cushman & Wakefield
• Environmental review, due diligence and lending decisions – how to navigate the hurdles
• Vapor Intrusion: Understanding changing rules and what they mean for real estate transactions
• How vapor intrusion can impact legal liability
• Legal assurances available for redevelopment sites – and why they are important
• What happens when things go wrong: headache properties and risk assessment

9:00 AM Project Spotlight: Major League Soccer in St. Paul’s Midway Neighborhood
Monte Hilleman, St. Paul Port Authority
Ken Larsen, Braun Intertec
Jeff Shopek, Loucks
Steve Heurung, Stoel Rives
• Working with multiple parties and jurisdictions – the added challenges to the project
• How to turn a former bus barn into an MLS stadium – negotiating and financing mechanisms
• Remediation strategies and coordinating the project with an existing district stormwater system
• What Allianz Field means for the Midway neighborhood and future development

10:15 AM Tools and Technology to Assist Redevelopment Siting Decisions – Potential, Potential, Potential
Dan French, Brownfield Listings  – Presentation Materials
Matt Goodwin, Visible City – Presentation Materials
• Newest tools that help in siting decisions
• BrownfieldListings.com – national, dynamic online redevelopment marketplace & project space
• Visible City – delivering real-time insights for action in complicated urban environments
• Intelligent search/site selection criteria: workforce availability, transportation accessibility, demonstrated activity using social media or cell phone usage, construction and investment trends

11:15 AM Technical Assistance and Funding Available for Brownfield Properties
Moderator: Lindsey Brown, Stantec – Presentation Materials
Kristin Lukes, Minnesota Department of Employment and Economic Development
Gary Krueger, Minnesota Pollution Control Agency – Presentation Materials
• Due Diligence CYB: Covering Your Basics
• Assurances & Resources Available through Minnesota Pollution Control Agency
• Overview of Metro-area Grants and Loans that can fund Brownfield Projects