The Economic Redevelopment Forum will feature properties and funding opportunities clustered by state or major metro area that can inform developers of potential financial incentives that are available for those sites in their communities.

The forum will take place on Monday April 4th during the Brownfields 2011 Conference between 11:30 AM - 4:30 PM.

In years past, the Brownfield Transaction Forum, (a staple of the Brownfields Conference since 2004), has focused primarily on providing property owners, redevelopment agencies, and communities an opportunity to market their contaminated properties directly to the real estate development industry. However, Brownfields 2011 will take place amid one of the most challenging economies and difficult environments for commercial and residential development in recent times. With that in mind, the Forum will also focus on the new importance of government financial incentives geared to spur economic development and get projects funded when traditional loans and sources of equity are hard to find. The “State and Local Economic Redevelopment Marketplace” within the Forum will feature properties and funding opportunities clustered by state or major metro area with property owners marketing their sites right alongside representatives of state and local agencies that can inform developers of potential financial incentives that are available for the sites in their communities.

In this way, the property owners and the communities will be working together not just to market a property but also to market a project and a suite of incentives that each state and locality provides. Representatives capable of discussing economic redevelopment with a developer, investor, or end user will be there from a variety of governmental departments and agencies including state voluntary cleanup programs, state and local government economic development offices, and private sector support organizations such as regional chambers of commerce, utilities, etc. With the great variety of programs throughout the country, this will provide ample opportunities for developers, investors, and end users to learn about these programs where they traditionally focus and also where they might want to go next.

developers of potential financial incentives that are available for those sites in their communities.

In this way, the property owners and the communities will be working together not just to market a property - but to market a project and a suite of incentives that each State and locality provides. Representatives capable of discussing economic redevelopment with a developer, investor, or end user will be there from a variety of governmental departments and agencies including State voluntary cleanup programs, State and local government economic development offices, and private sector support organizations such as regional chambers of commerce, utilities, etc. With the great variety of programs throughout the country, this will provide ample opportunities for developers, investors and end users to learn about these programs not only in areas where they traditionally focus but also where they might want to go next.

The Economic Redevelopment Forum will also include several presentations and consultation opportunities during the five-hour event. Opening remarks for the Forum and a presentation on structured seller-financing will be provided by developer George Vallone, President of the Hoboken Brownstone Company. Mike Williams of Oregon’s Certified Industrial Sites Program will present information about Oregon’s innovative program to assist municipalities prepare and market their vacant industrial sites for industrial reuse. Consultations with industrial site selection experts will be also be available during the Forum for communities interested in learning more about marketing their own industrial sites for industrial redevelopment

For more information regarding the Economic Redevelopment Forum please contact Danielle Goodwin at (202) 962-3590 or by email at dgoodwin@icma.org.