Austin Warehouse Acquisition

Phase 1 Environmental Site Assessment - Texas

Project Need

A nationwide electronics distributor required environmental due diligence before acquiring a commercial/industrial space in Austin, Texas. A ten-day real estate closing deadline was set, and the commercial lender required the Phase I ESA prior to closing.

Services Completed

The Lord & Winter Team performed a Phase I Environmental Site Assessment and completed it according to ASTM 1527 standards. The Site Assessment revealed two Recognized Environmental Conditions (RECs) at the site, with no further work recommended by our team.

Issue Resolved

We expedited the Phase I Environmental Site Assessment, allowing the client to move forward with the purchase and development of the land while fulfilling CERCLA "innocent landowner requirements" for environmental liability protection.

Photo by Mitchell Kmetz on Unsplash

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Environmental planning is critical to a development project's success

Compliance should be a top priority for any commercial development team. If you overlook local, state, or federal regulations, you could inadvertently violate pertinent environmental compliance laws, exposing your organization to civil liability and fines. Lord & Winter’s environmental planning services can help your team stay apprised of all relevant regulations.

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Under federal regulations such as the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), entities that contaminate the environment can be held responsible for remediation costs.

While certain development activities and land uses are bound to cause some level of environmental contamination, environmental planning can help your organization minimize the severity of this contamination.

Ultimately, this will reduce the cost of site remediation should your organization’s activities fall under the purview of CERCLA.

Minimizing your development’s environmental impact will also preserve resources both on-site and adjacent to your land. Lord & Winter’s environmental planning services include an assessment of adjacent resources, including waterways, communities, and vacant land. You can better minimize your environmental footprint by increasing your awareness of these resources and your potential impact on them.

You could incur significant fines if your development project is unaligned with environmental laws. Additionally, governing agencies such as the EPA may force you to temporarily halt operations altogether. Unexpected downtime can decimate profit margins and damage your brand image.

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Whether you serve other businesses or private consumers, it is crucial to understand that the modern generation of clients is more environmentally conscientious than ever before.

Individuals and companies want to work with organizations that are good stewards of natural resources. Conversely, many clients will actively avoid partnering with companies that have unsustainable business practices.

Taking advantage of Lord & Winter’s environmental planning services is an excellent way of demonstrating your organization’s commitment to environmental conservation.

You can use the data acquired from Lord & Winter to guide your conservation initiatives and share your conservation efforts with your audience when producing marketing content. This approach will strengthen your brand image and increase feelings of loyalty towards your company.

To optimize the efficacy of your environmental conservation and compliance initiatives, you must generate buy-in across the entire organization.

Everyone from key decision-makers to line-level staff must understand why environmental compliance is essential. Additionally, these individuals should be aware of critical environmental concerns and their role in addressing those issues.

Lord & Winter’s environmental planning services can assist with both aspects of your initiative. When providing environmental planning assistance, we systematically identify key ecological concerns that may impact your business.

We also help you explore ways to address those concerns to minimize environmental impact, support conservation efforts, and maintain compliance.