 |
BROWNFIELD UPDATE: EVRAZ Steel Mill (425 acre)
Delaware Gov. Announces New Transit Center at Old Steel Mill Site
Redevelopment of the former Claymont Steel Mill site took major strides forward last week with the announcement of a new $71 million transportation center to break ground in April 2019.
"This train station will be a catalyst for new development in Claymont," said Delaware Governor John Carney.
The transit center will accommodate rail, bus, bike, pedestrian, and auto, and is the first step in the construction of First State Crossing - a $500 million development which will include 3.7 million sq/ft of office, retail, light industrial, hotel, and residential.
Commercial Development Company, Inc. (CDC) purchased the 425-acre brownfield site in 2015, and Environmental Liability Transfer Inc. (ELT) by affiliate assumed the environmental liabilities. Today the site is shovel-ready and on it's way to a major rebuild for Claymont, Delaware and the surrounding areas.
|
February 2019
New Train Station Planned for Old Steel Mill Site
Advancing US Offshore Wind Sector with Brownfield Development
ELT Conference Calendar
for Spring 2019
|
|
BROWNFIELD UPDATE: Brayton Point Power Station (1600 MW)
Transforming a Retired Coal Power Plant for Offshore Wind
ELT jumpstarted the cleanup and redevelopment of the largest coal-fired power plant in New England, with the purchase and environmental liability assumption of the 300-acre site in January 2018 (via Brayton Point LLC).
Today the power plant is 50% demolished and represents a unique opportunity to advance the emerging US offshore wind energy sector. By leveraging the site's outstanding logistical attributes and investing in needed site improvements, we are repositioning the site as Brayton Point Commerce Center. See demolition progress in photos below.
|
Advancing Offshore Wind Energy Sector
|
|
ELT Conference Calendar: Spring 2019
San Diego, CA
Feb 25-26, 2019
Chicago, IL
March 5-7, 2019
St. Louis, MO
March 13-16, 2019
Kingsport, TN
March 18-20, 2019
Denver, CO
March 27-29, 2019
Atlanta, GA
April 23, 2019
Las Vegas, NV
April 23-26, 2019
|
If you are attending any of these events, please reach out to us so we can connect!
314-835-2813
[email protected]
|
|
|
|
Seeking Environmental Liabilities and/or Retired Real Estate Assets
If distressed real estate is impacting your operations, transactions, or balance sheet, please contact us for a confidential discussion.
ELT's core offering includes:
- Environmental Liability Transfers
- Brownfield Real Estate Purchase
- Liability Transfer + RE Purchase
- Guaranteed Cost Certainty
- Corporate Indemnification
- Maximum Value for Retired Assets
- Transfer of Regulatory Obligations
- Transfer of Post-Closure Obligations
- Sustainable Redevelopment Planning
- Sale / Leaseback Options
- Preservation of Legacy & Brand
Contact: John Kowalik
Phone: 314-835-2813
|
|
|
|
|
|
About Our Group
Environmental Liability Transfer, Inc. (ELT), along with four distinct affiliate companies under common ownership, have become one of the most impactful brownfield redevelopment and environmental remediation and consulting firms in North America.
By leveraging the core competencies of its affiliate partners, ELT now has the ability to consolidate multiple elements of brownfield redevelopment into ONE comprehensive value proposition - Real Estate Purchase, Environmental Liability Assumption, Fixed Price Environmental Remediation, Demolition, and Liquidation Services.
For more information on ELT or our affiliates, please visit our websites (right) or download ELT's
Brownfields Brochure.
|
|
|
|
|
|
|
Contact Us
For more information about anything in this newsletter or to schedule a confidential discussion regarding your environmental liabilities or brownfield properties, please contact us.
|
|
|
|
|
|
|
|
