Brownfield Redevelopment
Proposed Sakura Way
City of Novi, Oakland County, MI
ERG provided due diligence, assessment, and Brownfield services for the redevelopment of a 15-acre property in Novi, Michigan. R.B. Aikens and Associates, LLC (Aikens) will be developing the Property as Sakura Way, a mixed-use development in the heart of one of Michigan's largest Asian communities. The development is intended to be a “best in class” collection of several Asian restaurants along with supporting retail and over 200 units of residential apartments and town homes.
ERG completed a Phase I Environmental Site Assessment (ESA), a Phase II ESA, and is in the process of completing a Baseline Environmental Assessment (BEA) and Due Care documentation plans for the new property ownership team.
SERVICES PROVIDED
Soil and Groundwater Investigations
Site Remediation
Real Estate Assessments and Due Diligence
Brownfield Redevelopment
PROJECT DESCRIPTION
In addition, ERG provided the developer with Brownfield incentive services, including general incentives consulting services, assisting the City of Novi with the development of a Brownfield Redevelopment Plan, and the preparation of an Act 381 Work Plan for school tax capture.
The proposed Brownfield eligible activities for the redevelopment total approximately $2,000,000, and include:
Phase I and II ESA and BEA
Due Care Investigation
Asbestos Abatement
Removal/Transport/Disposal of Contaminated Soils
Due Care Activities and Vapor Mitigation