The former 325 acre chemical manufacturing facility was sold on September 19, 2019 to create a 2 million SF manufacturing and distribution center. At closing, over 600 jobs were committed and over 600,000 SF of industrial space is expected to be completed by 3rd quarter 2020. Vita Nuova supported the owner/seller by repositioning the property, […]
The Treasury Department recently finalized its regulations governing Qualified Opportunity Funds. Slated to take effect on March 13th, they serve as the rules of the road for investors and developers alike. The final regulation details how investments and their resulting gains will be treated for federal tax purposes, allowing Opportunity Fund investors to understand how […]
CCLR sponsored a panel called “Developers Talk Deals” at the breakfast. The focus was what developers need to be successful in communities. Representing the brownfield development community were Dwight Stenseth from RERC and Chad Meyer from Northpoint Development. Aimee Storm, Land Revitalization Coordinator for USEPA kept the developers on their toes with tough questions while […]
The U.S. Environmental Protection Agency‚ (EPA) Office of Brownfields and Land Revitalization (OBLR) is supporting the Gary, Indiana Lakefront District Revitalization Plan Implementation as part of the Strong Cities/Strong Communities project. This project was initiated by the impending modernization of the Miller Train Station, which is viewed as a catalyst for the revitalization of this […]
Part 2 of our Spring Redevelopment Series was held on March 16th. Thank you to all participants and to everyone who gave such positive feedback! The recorded webinar and the downloadable presentation slides are available here.
The U.S. EPA provided funding to the Town of Stratford and Vita Nuova LLC to plan and redevelop the former Raymark Ballfield Property (OU4), which is part of the Superfund project. EPA and CT DEEP coordinated with the Town and Vita Nuova to ensure that the cleanup objectives for OU4 align with potential redevelopment opportunities. […]
(HAZLE TOWNSHIP, PA – June 26, 2017) – Twin Oaks Water Systems’ RainMaker water harvester has selected as the “Best Value in Green Engineering” in the 2017 American Society of Civil Engineers (ASCE) Innovation Contest. Long time Vita Nuova member John R. Ackerman, PE, PG, BCEE, F.NSPE, M.ASCE of Hazle Township, and Director of Operations Al […]
The Chemours Company, a global performance chemical company with over 200 years of manufacturing history, has a real estate portfolio featuring more than 40 manufacturing and research centers worldwide. Recently, Chemours sought the support and expertise of Vita Nuova to create a website which serves as a central repository for information around surplus land and […]