The ultimate environmental strategy is to build a sustainable structure on a piece of property that has been brought back to the market through sound remediation practices. It is putting green on brown to produce what SESCO terms MAROONFIELDS™.
Here are just a few of the benefits of MAROONFIELDS™
Brownfields land is attractively priced
Green architecture and building will generally cost more than traditional, but the favorable land price of a contaminated property will help balance out the project cost.
Special funding and grants are available
The Municipality, County, State and even Federal Governments want the sites cleaned up and have the funding mechanisms available to assist developers.
Tax abatements may be available
When abandoned, unused land finds a new commercial, industrial or residential purpose. It produces a necessary tax boost. In the beginning stages, some of this tax may be abated to promote development.
Insurance may be available
If there are historical insurance policies covering Underground Storage Tanks and other known liabilities, they may still be in force and can contribute to cleanup costs.
Favorable zoning
Governmental agencies look very favorably upon developments that salvage what was formerly unusable.
LEED certification may be easier
The Maroon advantage of putting green on brown will certainly make an impression on the Leadership in Energy and Environmental Design (LEED) processors.
