News & Analysis as of

Neighborhood Revitalization

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

Haynsworth Sinkler Boyd, P.A.

Abandoned Buildings Revitalization Tax Credits Extended through 2035

S.C. Department of Revenue (“SCDOR”) Information Letter #24-6 addresses recent amendments to the South Carolina Abandoned Buildings Revitalization Act (the “Act”). The Act was enacted in 2013 to incentivize the...more

Bricker Graydon LLP

$152M Investment in Ohio’s Appalachian Waterfront Region Will Transform Communities

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Ohio Governor Mike DeWine, along with Lt. Governor Jon Husted and Ohio Department of Development Director Lydia Mihalik, recently announced a $152 million investment in projects “to transform communities along Ohio’s...more

Holland & Knight LLP

Fairfax County Prepares to Realign Development Policies with New "Plan Forward" Initiative

Holland & Knight LLP on

Fairfax County government recently announced a new multiyear planning initiative to modernize the Virginia county's Policy Plan, a key component of its Comprehensive Plan. This effort, called "Plan Forward," will focus on...more

Goulston & Storrs PC

Boston’s Planning-Led Rezoning: New Skyline Districts

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Boston is continuing its commitment to planning-led rezoning with the recent release by the Boston Planning and Development Agency ("BPDA") of a draft zoning text amendment and zoning map to implement the PLAN: Downtown...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

Allen Matkins

Proposed CEQA and Tax Exemptions for Projects in Downtown San Francisco

Allen Matkins on

Senate Bill (SB) 1227, introduced by Senator Scott Wiener on February 15, 2024, would help speed the recovery of downtown San Francisco by creating a new CEQA exemption for qualifying commercial, institutional, student...more

Coblentz Patch Duffy & Bass

Senator Wiener Proposes Targeted CEQA Exemption for Downtown S.F. Projects

Recognizing that Downtown San Francisco is “struggling” post-pandemic, State Senator Scott Wiener has announced new legislation to exempt certain projects in the area from California Environmental Quality Act (CEQA) review...more

Bilzin Sumberg

4 Trends That Will Shape Florida Real Estate in 2024

Bilzin Sumberg on

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

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

Bricker Graydon LLP

ODOD to Accept Applications for Funding Beginning October 31

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The Ohio Department of Development (ODOD) recently released further application details and information regarding its Building Demolition and Site Revitalization Program (the Program), which recently received renewed funding...more

Goulston & Storrs PC

Reimbursement for Remediation: Massachusetts Brownfields Tax Credits Program Extended

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Today Governor Maura Healy signed legislation extending the eligibility deadlines for the Massachusetts Brownfields tax credits program by five years. The legislation had been included in the budget bill, which had recently...more

Tucker Arensberg, P.C.

Pennsylvania House Bill Aims to Revitalize Neighborhoods and Combat Blight

Tucker Arensberg, P.C. on

On June 13, 2023, the House of Representatives passed HB 255 (124-79), a groundbreaking bill introduced by Rep. Robert E. Merski (D-Erie Co). This bill aims to fund local municipal code enforcement efforts and establish a...more

Coblentz Patch Duffy & Bass

Legislation to Incentivize Commercial to Residential Adaptive Reuse Projects Moves Forward

At the June 13, 2023 Board of Supervisors hearing, the “Commercial to Residential Adaptive Reuse and Downtown Economic Revitalization” legislation was introduced. The legislation would amend various Planning Code sections to...more

Coblentz Patch Duffy & Bass

San Francisco Planning Commission Recommends Approval of Legislation to Further Ambitious “Housing For All” Plans and Downtown...

In response to Mayor London Breed’s recent Executive Directive, titled “Housing For All,” on May 4, 2023, the San Francisco Planning Commission voted to recommend that the Board of Supervisors approve a package of Planning...more

Nossaman LLP

Resurgence of Redevelopment Agencies?

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Redevelopment agencies (RDAs) have held a rather infamous position in California history.  While originally created to address urban decay (aka “blight”), generally speaking, RDAs developed into entities that wielded the...more

Farella Braun + Martel LLP

San Francisco Planning Commission Endorses Ordinances to Incentivize Adaptive Reuse in Downtown

The San Francisco Planning Commission unanimously recommended approval on May 4 of two ordinances aimed at revitalizing the City’s Downtown, South of Market Street, and Union Square districts. Vacant Office and...more

Akerman LLP

Extension of Incentive Programs in New York State’s 2024 Budget

Akerman LLP on

On May 1, 2023, the New York State Legislature voted to adopt the Fiscal Year 2024 budget which included the renewal and extension of the sunset date of five programs that abate real estate taxes, reduce commercial rent tax,...more

Burr & Forman

Legislation Seeks to Expand Alabama Brownfields Program

Burr & Forman on

This week a bill was introduced in the Alabama Legislature which would expand the state’s Brownfield Redevelopment and Voluntary Cleanup Program through the implementation of new features aimed to increase participation in...more

Farrell Fritz, P.C.

Town of Huntington Seeks Input on Future Redevelopment in the Melville Employment Center

Farrell Fritz, P.C. on

The Huntington Town Board is currently seeking input from residents, businesses and others for a new plan for the redevelopment of the Melville Employment Center (“MEC”).  The new plan will build upon a prior plan that was...more

J.S. Held

The Evolution of Brownfield Redevelopment

J.S. Held on

The exact number of brownfield sites in the United States is not known. Some sources estimate the number at more than 450,000, amounting to more than five million total acres of land. One report estimated that U.S. cities...more

Farrell Fritz, P.C.

10 More Years – New York’s Brownfield Cleanup Program Extended

Farrell Fritz, P.C. on

When New York Governor Kathy Hochul executed the 2022-2023 State Budget, it included a 10-year extension to the State’s Brownfield Cleanup Program (“BCP” or “Program).  The State’s voluntary, incentive-laced, BCP was set to...more

Kramer Levin Naftalis & Frankel LLP

Amendments to the New York State Brownfield Cleanup Program

The New York State Legislature has passed legislation that amends the NYS Brownfield Cleanup Program (BCP) and associated tax credit program and extends the program for another 10 years. The amendments extend the BCP, which...more

Obermayer Rebmann Maxwell & Hippel LLP

Revitalizing Downtowns Act; Impact in Philadelphia

The Revitalizing Downtowns Act (RDA) was introduced in the US Senate in July 2021. Designed to revive urban downtowns, the RDA provides a 20% tax credit to developers who convert unused office space into residential housing...more

Schwabe, Williamson & Wyatt PC

New Oregon Brownfield Loan Program to Watch - Update

Revitalizing Brownfields has long been considered a centerpiece for community efforts to encourage growth and development of properties impacted by contamination. In 2021, Oregon’s Legislature passed HB 2518, which seeks to...more

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