This specialty brings all of CenturyPacific’s land use feasibility
and land value enhancement skills to bear. Brownfields are former industrial
sites and properties which may be available for reuse or redevelopment.
Their prior uses create unique regulatory, land-use and financial constraints
on redevelopment. These special constraints must be overlaid on the normal
land development process.
Former Oil Refineries: CenturyPacific acts as real estate advisor to BP North America in the redevelopment of five former oil refineries. Locations include Casper, WY, Sugar Creek, MO, New Orleans, LA, Wood River, IL and Whiting, IN. These sites range from 400 to 1,000 acres. Services include strategic assessments, community coordination, master plan development and site redevelopment. CenturyPacific acted as development manager for a $45,000,000 site redevelopment program at the Casper location. Improvements included a Robert Trent Jones championship golf course, a kayak course, a business park and other public improvements.
CenturyPacific has also provided strategic assessments of former refineries
owned by Texaco and Flying J Corporations.
Landfills: CenturyPacific was retained
by the City of Everett, Washington as its development advisor on a 200
acre brownfields site adjacent to a major freeway. The assignment involves
working with a multi-disciplined team of experts to transform a former
City landfill into a major retail center. Issues include resolution
of diverse challenges such as subsidence, gas management, city indemnities,
financing and special infrastructure needs.
CenturyPacific has also worked on landfill redevelopment projects
in Bellingham, WA and Ketchikan, AK.
Pulp Mills: CenturyPacific has completed strategic assessments and is actively involved in the redevelopment of two former pulp mill sites, one in Everett, WA and the other in Ketchikan, AK. The Ketchikan assignment involved conversion of the mill site into a industrial park, port facility, wood veneer mill and marina.
Miscellaneous: The principals of CenturyPacific
have evaluated literally hundreds of former industrial sites throughout
the United States for their reuse potential. These include rail yards,
steel mills, coal gasification plants, saw mills, gas stations and bulk
oil terminals. The breadth of this experience provides a unique ability
to provide quick and accurate reuse assessments.