News & Analysis as of

Redevelopment

Bilzin Sumberg

Delivering the Key to the City: Special Considerations in City Hall P3s

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A number of municipalities have recently issued, or are contemplating, competitive solicitations for public-private partnerships (“P3s”) to deliver new municipal facilities, typically as part of a transformative “town center”...more

BCLP

NPPF Consultation: Green Belt Reform

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The ‘fundamental aim’ of the Green Belt as stated in the NPPF is urban containment. The NPPF contains strong protections by imposing strict tests to be met before Green Belt land can be released for development....more

Mayer Brown

Revamping the Compulsory Sale Regime in Hong Kong - Land (Compulsory Sale for Redevelopment) (Amendment) Ordinance 2024

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To accelerate redevelopment of aged and dilapidated buildings in Hong Kong, the Government enacted the Land (Compulsory Sale for Redevelopment) (Amendment) Ordinance 2024 on 25 July 2024....more

Alston & Bird

Land Use Matters August 2024 – CEQA Appellate Decisions & Other Legal Developments

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City of Los Angeles - Increase to Planning Applications and Affordable Housing Linkage Fees - On July 1, 2024, the fee for planning and land use applications increased by 3.5% based on the Consumer Price Index for All Urban...more

Goulston & Storrs PC

D.C. FY25 Budget Expands CRE Revitalization Initiatives

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The end of June saw the D.C. Council pass the Fiscal Year 2025 Budget Support Act of 2024 and the Fiscal Year 2025 Local Budget Act of 2024. The 2025 budget includes the “Central Washington Activation Conversion Program...more

Burr & Forman

South Carolina Extends and Increases the State Abandoned Buildings Revitalization Tax Credit

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On May 20, 2024, South Carolina Governor Henry McMaster signed into law S.1021, a new law that extends and increases tax credits available to taxpayers who rehabilitate or renovate an existing, abandoned building. The new law...more

Morris, Manning & Martin, LLP

Recap of the Georgia Brownfield Association’s Annual Seminar, Brian Remler, Sydney Brogden

The Georgia Brownfield Association (GBA) held its 10th annual Brownfield Seminar on April 9th, bringing together leaders from the legal, engineering, and government sectors who share an interest in furthering the...more

Levenfeld Pearlstein, LLC

Is the Future of Retail Leasing in Redevelopment? 4 Considerations for Landlords to Keep in Mind When Restructuring Retail Centers

In 2024, the market is coming to terms with the reality that brick-and-mortar retail will likely not be what it was pre-pandemic. However, where uncertainty and fear regarding the future of retail was prevalent just a couple...more

Nossaman LLP

Construction & Claims: March 2024

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Welcome to Construction & Claims, a periodic digest of the headlines, statutory and regulatory changes and court cases involving construction news, claims, bid protests, contract administration and payment-related disputes....more

Clark Hill PLC

EPA Changes Requirements For Bona Fide Prospective Purchaser To Conform With Updated ASTM E1527-21 Standard

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Because the courts have interpreted the 1980 Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), 42 U.S.C. § 9601 et seq., as a strict liability statute holding owners in the chain of title liable...more

Manatt, Phelps & Phillips, LLP

April 15, 2024: Deadline for up to 100% Property Tax Abatement—M-CORE Program

In 2023, the New York City Industrial Development Agency (NYCIDA), in partnership with the New York City Economic Development Corporation (NYCEDC), introduced a new tax incentive program known as the Manhattan Commercial...more

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - February 2024 #4

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The first person charged for violating a 2020 law that forbids conspiracies to taint international sports events through performance-enhancing drugs received a three-month prison sentence. Federal prosecutors used the...more

Venable LLP

Arlington Board’s Changes to Approval Practices Will Impact Arlington Commercial Real Estate

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In February 2024, the Arlington County Board is expected to advertise significant changes to Arlington planning and zoning approval practices. In the second phase of the Commercial Market Resiliency Initiative (CMRI), the...more

Baker Donelson

Show Me the Money! Tap Into Tennessee's New and Expanded Programs to Encourage Redevelopment of Contaminated Properties

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Communities and developers now have the opportunity to tap into certain funds earmarked by the state specifically for brownfield redevelopment and to take advantage of certain incentive programs that apply to more brownfield...more

Holland & Knight LLP

Florida Legislature Amends Ban on Restrictive Development Requirements After Recent Hurricanes

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Florida was hit by Hurricane Ian in September 2022 and Hurricane Nicole in November 2022, both of which caused severe damage to various parts of the state. In response to these disasters, the Florida Legislature enacted...more

Seyfarth Shaw LLP

White House Implements Plans to Facilitate Office-to-Residential Conversions

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Seyfarth Synopsis: With the cooperation of federal agencies such as the Department of Housing and Urban Development (HUD) and the Department of Transportation (DOT), the White House has established plans to use grants and...more

Kohrman Jackson & Krantz LLP

Federal Brownfields Incentives Program’s Triumphant Return

On November 16, 2023, Congressman Mike Turner (R-OH-10) and Mikie Sherill (D-NJ-11) reintroduced the bipartisan Brownfields Redevelopment Tax Incentive Reauthorization Act (H.R. 6438) (BRTIRA). BRTIRA is designed to provide...more

Bilzin Sumberg

4 Trends That Will Shape Florida Real Estate in 2024

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As commercial real estate markets across the U.S. cope with rising costs and slowing demand, Florida has been a rare bright spot. The Sunshine State has welcomed a record number of people and businesses in recent years, and...more

Bilzin Sumberg

A Brief Introduction to Tax Increment Financing

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Tax Increment Financing (TIF) is a financing tool used by local governments to fund economic development projects. In Florida, TIF is most commonly associated with Community Redevelopment Agencies (CRAs), which have statutory...more

Nossaman LLP

Presentation at Right of Way Consultant’s Council Membership Meeting in Las Vegas

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The Right of Way Consultant’s Council Membership Meeting took place in Downtown Las Vegas on November 3, 2023.  Having previously presented an eminent domain topic at the 2022 Membership Meeting, Steven Silva from Nossaman’s...more

Morris, Manning & Martin, LLP

Benefits of Brownfield Redevelopment

While some developers are dragged reluctantly into redeveloping brownfields, others actively pursue these environmentally impacted properties in recognition of the advantages they can provide under the right circumstances....more

McGuireWoods LLP

Fairfax County, Virginia, Adopts Affordable Housing Preservation Guidelines

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On Sept. 26, 2023, the Fairfax County Board of Supervisors adopted Affordable Housing Administrative Guidelines aimed at mitigating the loss of existing affordable units in connection with residential redevelopment projects....more

BCLP

The Long Term Implications of PFAS for Real Estate in the UK

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Poly- and Perfluoroalkyl substances (“PFAS”) are widely present in soil and groundwater, and the negative human health consequences of this are starting to be understood. There are important implications for anyone with...more

Katten Muchin Rosenman LLP

Five Things of Note From This Year's TIF Conference in Chicago

The Illinois Tax Increment Association held its fall conference at the end of September in Chicago. Always a great chance to gather with and learn from attorneys, financial advisors, lenders, developers, urban planners and...more

McGuireWoods LLP

Arlington County Final Langston Boulevard Area Plan

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Arlington County released an updated draft Langston Boulevard Area Plan (Plan Langston Boulevard) on Sept. 28, 2023. Plan Langston Boulevard envisions the long-term redevelopment of Langston Boulevard into a mixed-use...more

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