2017 Minnesota Real Estate Journal Brownfields Redevelopment Summit

The 2017 Minnesota Real Estate Journal Brownfields Redevelopment Summit focused on key areas of brownfield redevelopment in the real estate arena.

Event Information:

Date – May 25, 2018
Location – Golden Valley Country Club

Agenda Items:

Brownfield Real Estate Game Theory: How Deals get Done     
Betsy Schmiesing, Winthrop & Weinstine
Jesse Silverstein, Development Research Partners
JoAnna Hicks, Element
Mary Stoick, Highland Bank

  • A view of Brownfield Redevelopment from the Market
  • Evaluating a brownfields transaction from perspectives of buyer, seller, lender
  • Role of legal assurances for Redevelopment sites and when they are needed
  • Other considerations for purchasing Brownfield Redevelopment properties

Neighborhood Focus: Investments & Opportunity in North Minneapolis
D’Angelos Svenkeson, Thor Construction
Kim Donat, Wellington Management
Shauen Pearce-Lassiter, Central Cities Competitiveness Initiative
Jack Byers, Minneapolis CPED

  • Thor headquarters: partners, challenges; catalyst for surrounding development
  • LEEF project: industrial to mixed use conversion on Glenwood Avenue
  • CCCI: focus on job creation and redevelopment in North Minneapolis
  • Redevelopment plans in North Minneapolis and unique challenges of infill sites

Suburban Redevelopment – New Brighton Exchange Redevelopment
Janice Gundlach, City of New Brighton
Dan Fetter, Barr Engineering
Casey Hankinson, Ryan Companies
Louis Suarez, Colliers
Paul Heuer, Pulte Homes

  • How a city’s long-term commitment to a redevelopment vision overcame multiple obstacles.
  • 100-acre site with multiple properties and complicated commercial/industrial history
  • Multiple challenging sites – including Superfund – and the keys to success
  • How they built a marketing team and found development partners

Just do It:  Tools and Tidbits that make Brownfield Redevelopment Projects Viable
Jesse Silverstein, Development Research Partners
Gary Krueger, Minnesota Pollution Control Agency
Kristin Lukes, Minnesota Department of Employment & Economic Development
Lisa Alfson, Dakota County
Moderator: Chris Thompson, Braun Intertec

  • Property Pricing: due diligence & balancing environ. conditions with risk tolerance
  • When is a Brownfield Project Economically Feasible?
  • Role of public resources in making Brownfield Projects economically viable
  • Resources for Redevelopment: Services and Grants that can fund Brownfield Sites


Note: If you wish to access presentations and documents from past presentations, please contact info@mnbrownfields.org. Access to past presentations and documents is reserved to Minnesota Brownfields members.