Monthly ArchiveJune 2006



Chicago Mortgage Administrator on 12 Jun 2006

Federal, state, and local environmental officials, and governmental (Point center condos chicago il)

Federal, state, and local environmental officials, and governmental officials must appreciate the importance of rejuvenating unused brownfields as opposed to converting more fertile farms to industrial properties. And finally those officials must have the will to find ways to make a remediation happen. Individuals in all of the above occupations are well advised to read this book.As a model of an up to date state initiative to hasten brownfields remediation, the authors provide the details of the Illinois Pollution Control Board’s Tiered Approach to Corrective Action Objectives “TACO” .

Chicago Mortgage Administrator on 12 Jun 2006

Downtown Chicago Street Guide National Geographic Downtown Chicago (Dowtown chicago condos)

Downtown Chicago Street Guide National Geographic Downtown Chicago Tubed Travel mode choice impact of potential parking taxes in downtown Chicago Technical papers and notes series Assessment of real property in downtown Chicago A review of current problems National Geographic Downtown Chicago Flat Chicago Downtown City Slicker City Slicker Chicago Central Area Surface Express A downtown light rail transit distributor an advisory report to the 1992 Worlds Fair Authority The Rock Island terminal relocation study A study of downtown terminal alternatives for the Chicago Rock Island and Pacific Railroad commuter services

Chicago Mortgage Administrator on 12 Jun 2006

Chicago condo developer - So that both buyers and sellers wonder what

So that both buyers and sellers wonder what magnitude of environmental remediation costs would be required for various redevelopment projects. The authors take the reader through the major considerations of both buyer and seller. They treat both the private and municipal redeveloper.Their case studies, though largely drawn from their Chicago experiences, emphasize the careful planning and execution steps required in redevelopment anywhere. Based on data from less than 200 sites, the cost of brownfields redevelopment has been estimated to be just under $60,000 per acre. Cleanup of contamination, where it occurs, has been estimated at 8% of the total cost of redevelopment. The authors make an excellent point that much more cooperation is needed between interested parties to expand brownfields redevelopment. Venture groups are needed consisting of environmental scientists and engineers, capital providers, insurance specialists, real estate experts, and an experience project management team. Not to be forgotten is “due diligence”. For a brownfields purchaser this means an in depth analysis of the physical, economic, and legal conditions of any property in question. The authors describe how this analysis must have much more depth to it than the due diligence involved with purchase of an uncompromised industrial property.

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