Contaminated or underutilized commercial and industrial properties—often designated as brownfields—pose complex environmental, regulatory, and financial challenges. At Ice Miller, we view these sites differently.
With decades of experience and insight gained from working on hundreds of brownfield projects nationwide, our team helps clients transform environmental liabilities into economically viable, financeable assets that support long term community and commercial goals.
We work with a wide range of brownfield stakeholders—from developers, real estate investors, industrial and logistics companies, and manufacturers to universities, research institutions, municipalities, economic development groups, and financial institutions managing impaired‑asset portfolios. Whether acquiring a distressed site, repositioning a legacy property, or revitalizing an urban district, we provide practical, business‑focused counsel tailored to each project’s goals.
Effective brownfield redevelopment requires aligning cleanup, compliance, land use, and financing. We help clients by:
- identifying and managing environmental and business risks early to guide acquisition, financing, and redevelopment;
- leveraging federal, state, and local cleanup programs and incentives (e.g., VCPs, tax credits, NMTC, Opportunity Zones);
- structuring and securing project financing, including construction loans, bridge loans, P3s, bond structures, and incentive supported capital stacks;
- using risk mitigation tools such as environmental insurance, indemnities, and liability protection agreements; and
- coordinating with consultants, regulators, developers, lenders, and community stakeholders to reduce uncertainty and keep projects moving.
Our team integrates environmental, real estate, land use, and public finance capabilities to deliver seamless, end to end support across the following areas:
Environmental Strategy & Risk Management
- Due diligence and risk evaluation
- Remedial planning under cleanup programs
- Liability management, indemnities, and insurance
- Negotiating cleanup agreements with regulators
Incentives, Grants & Public Private Financing
- Brownfield redevelopment incentives
- Tax credit strategies (NMTC, remediation credits, OZ)
- Public private financing and infrastructure cost sharing
- Identifying and pursuing federal/state grants
Real Estate & Transaction Execution
- Acquisition/disposition structuring
- Title, zoning, and land use strategies for impaired sites
- Joint ventures, ground leases, sale leasebacks, phased development
- Lender communications, covenants, collateral, and closing support
Redevelopment & Long Term Project Delivery
- Integrating environmental, land use, construction, and financing needs
- Coordinating consultants, engineers, designers, and lenders
- Post remediation planning and vertical development
