How are Brownfields Discovered in Burlington?
For a variety of reasons, more brownfield sites than ever are being identified across the country. This trend is also true in Burlington. One reason may be the significant changes in the awareness level in the real estate and banking industries. For example, before commercial real estate transactions can close, most lending institutions now require that a detailed site assessment be conducted. This was not true ten years ago, and is now standard practice. Another reason that more brownfields are being identified may be that developers now seek out contaminated sites as they see a clearer path to resolving contamination issues, due to improved federal and state legislation, funding programs, and insurance products. The most common time when a contaminated site is discovered in Burlington seems to be during a real estate transactions, when an assessment has been performed in advance of property sale and/or redevelopment. Another time when contamination is unearthed is during excavation w
