A Brownfield is developed real property which may or may not be contaminated or environmentally impacted from prior use. These unknown conditions raise questions standing in the way of the property’s sale or redevelopment, which reduce its value and require investigation and assessment. Examples of Brownfields include former industrial sites, gas stations, dry cleaners, fuel and chemical depots and any other property that used or contained hazardous materials or petroleum. Brownfields also include properties affected by contamination migrating from a neighboring or nearby property. Brownfields may not be contaminated in reality, but suspicion creates stigma that impairs the property’s potential.
A Greyfield is developed real property suffering from excess vacancy, prolonged idleness, blight, use failure or even total abandonment—but also possessing (potentially) reusable infrastructure, such as parking lots, utility hookups, or structures. Examples of Greyfields include obsolete retail and commercial properties and abandoned office complexes, as well as mothballed, decommissioned and legacy industrial facilities. Similar to Brownfields, Greyfields may be blighted or in substantial disrepair, but unlike Brownfields they have no known or suspected environmental contamination of any significance.
A greenfield is undeveloped real estate with no previous use. Many also consider a property only used for light agricultural purposes to be a greenfield. An undeveloped property may yet have environmental contamination—if, for example, it is adjacent to a property that is leaking hazardous substances across the property boundary—but such a property would not be considered a greenfield and would be better classified as a Brownfield (or possibly a Redfield).
A Redfield is real property with known environmental contaminants or conditions that the owner, the government or a reliable third party have determined is in need of remediation as a prerequisite to future development—to mitigate potential human health risks or to comply with environmental laws. Many Redfields are already subject to government regulatory orders or enrolled in voluntary cleanup programs. Unlike a Brownfield, there can be no doubt about whether a Redfield is contaminated. A Redfield is affirmatively known to be contaminated and will likely require active remediation in its redevelopment. Contaminated property could fit into the definition of Brownfield; however, selecting Redfield as the primary statussignals the marketplace that real estate reuse requires corrective action and such remediation is sought.
|A property with productive use as the primary status is predominately in use at the present time. Properties in productive use may have current tenants generating rents or the owner may be operating the property for their own use. If only a small portion of the property is currently in use, then the lister may select productive use as a secondary condition and would choose a more appropriate primary status.|
If the property status has not been determined or is unknown by the lister, it may be selected as "undetermined."
A Bluefield possesses water resources itself or has access to a navigable body of water such as a river, sea or ocean—either directly or via canal or port.
695 – 699 LOWRY AVENUE NE
City of Minneapolis CPED
695 Lowry Avenue NE, Minneapolis, MN 55418
Created On: 01/09/2017 | Last Modified: 01/09/2017
695 – 699 Lowry Avenue NE
695 – 699 Lowry Avenue NE
Property/Project size (acres):
Structures on site:
The primary development objective for the site is to create a community amenity that invigorates the Lowry/Monroe intersection and helps catalyze adjacent development along the Lowry Avenue corridor. RFP attached.
Expanded Data - Diligence Prospectus
The 0.3 acre site is three blocks west of Central Avenue, a busy commercial corridor, and situated between two closely aligned streets with 108 feet of frontage on Lowry.
The City will sell the properties for $150,000 plus related fees. However, RFP respondents must also demonstrate the financial and organizational capacity to complete any rehabilitation or new construction proposal they have for the property. Prior to closing on a property sale, a selected developer is expected to secure all financing, receive City planning approvals and building permits, and complete all due diligence necessary to complete their project.
Facilities and Grounds
Facilities and Grounds summary:
Both buildings are in dilapidated condition with little updating or maintenance. The second floor apartment has not had a rental license since 1996 and was condemned for lack of rental housing maintenance in 1997. The exteriors and interiors of both buildings would require extensive renovations. The costs to cure the deficiencies may not be justified. Both buildings are considered to be fully depreciated and at the end of their economic life.
Environmental Conditions summary:
In November 2015, Summit Envirosolutions completed a Phase I Environmental Site Assessment for both properties. Respondents should review this report in detail prior to submitting a proposal (see RFP Exhibit 1). The Phase I recommends a Phase II due to the site’s historic uses, including as a filling station, mechanical shop, and electrostatic paint shop with solvent waste. The report also recommends a Hazardous Materials Survey due to the age of the buildings. It will be the responsibility of a selected developer to further investigate and address the pollution remediation needs as required by current standards and MPCA regulations. As the nature and severity of the site’s environmental condition is further determined, the developer may seek brownfield cleanup grants to help pay for contamination cleanup costs. Depending on the remediation needs and costs and subject to City Council approval, a redevelopment project may be eligible to receive brownfield remediation grants from Minnesota’s Department of Employment and Economic Development (DEED), the Metropolitan Council, or Hennepin County. The City works with applicants to review proposed projects and submit applications to the grantors.
Phase I Environmental Site Assessment (ESA) report available: