If performing due diligence for a commercial project site is analogous to preparing for take-off, then the Environmental Site Assessment (ESA) is part of the aircraft check that gives the green light to fly. An ESA’s purpose is to identify potential contamination in the soil and groundwater before purchasing the land. Its findings can either […]
WHAT MAKES ENVIRONMENTAL ANALYSES IMPORTANT? Read More »
If the Phase 1 Environmental Site Assessment (ESA) for a single-tenant build to suit identifies any likelihood of contamination in the soil, groundwater, or a vapor intrusion condition, then ordering a Phase 2 ESA is the smart next step to investigate further. ESAs in Phase 2 (Sub-Surface Environmental Testing) Phase 2 ESA’s goal is to
4 MOST EFFECTIVE TIPS DURING PHASE II ENVIRONMENTAL ASSESSMENTS Read More »
When budgeting for a commercial development project, keep in mind that costs are typically divided into two categories: hard costs and soft costs. The importance of a detailed budget to the success of a development project, it’s critical to comprehend some of the specifics of these cost breakdowns. You should be able to identify the
WHAT ARE SOFT COSTS AND HARD COSTS? Read More »
