Liberty, TX is one of the many communities where the federal Brownfields Tax Incentive has brought new jobs to formerly abandoned industrial plants.
The National Tube and Pipe (later Allied Pipe and Tube) opened in Liberty in 1973 and eventually became the largest employer in the town. When the company closed in 1993, it left behind a 492,000 square-foot manufacturing facility contaminated with PCBs, asbestos, a polluted retention pond and petroleum.
In 2009 Boomerang Tube, a manufacturer of pipe and tubes for oil and gas customers, announced its intent renovate and expand the old National Tube and Pipe factory into a new, state-of-the-art manufacturing facility. The project would bring 350 manufacturing jobs back to Liberty in the process. Boomerang Tube had one significant hurdle, though: an estimated $1.2 million in cleanup costs.
The federal Brownfields Tax Incentive program helped make cleanup feasible for Boomerang. The Tax Incentive effectively limited the impact of cleanup costs on the development budget. Tax abatement and other local incentives also factored in, and Access Industries provided financing for the project. All of this helped clear the way for a $200 million investment in the plant and equipment.
Smart Growth America President and CEO Geoff Anderson testified before the Senate Environment and Public Works Committee last week at a hearing titled “Cleaning Up and Restoring Communities for Economic Revitalization.” Joining him were Mathy Stanislaus, Assistant Administrator at the Office of Solid Waste and Emergency Response at the U.S. Environmental Protection Agency (EPA), the Honorable Debbie O’Malley, Bernalillo County Commissioner from New Mexico, and Dr. Kendra Kenyon, President of the Idaho Council of Governments.
The U.S. Environmental Protection Agency (EPA) Brownfields Program helps communities clean up abandoned land and put it back into productive use. Tomorrow Congress will begin considering whether the program will continue this work in 2014.
The Brownfields Program is rebuilding local economies across the country, and that’s not work we consider “lower-priority.”
On Wednesday, July 31, the House of Representatives’ Appropriations Committee will mark up the Interior and Environment and Related Agencies funding bill, which allocates funding for all EPA programs, including Brownfields. Last week, a House subcommittee passed a draft version of the bill. The draft bill would cut funding for the EPA by 34% overall—and zero out funding for the Brownfields Program.
To open the event, Senator Jim Inhofe (R-OK) welcomed guests with a video message about the importance of brownfields redevelopment and its success across the country. Senator Inhofe is a lead sponsor of the BUILD Act, a bill in Congress that would help communities turn abandoned land back into vibrant spaces by reauthorizing the federal Brownfields program.
711 Canal Street in Stamford, CT. Image courtesy of Pullman & Comley Attorneys Thank you to everyone who attending SGA’s National Brownfields Coalition’s webinar What the BUILD Act Could Build on Wednesday, May 8th, 2013. On the webinar, we discussed the …
Pheonix began to see its future a little differently in 2008, when the city began operating a 29-mile light rail line with 28 stations. To take advantage of this new infrastructure, Phoenix focused the city’s growth and giving its residents with what they wanted: more housing and transportation choices.
Harrison Commons in Harrison, NJ. Last month, Senators Lautenberg (D-NJ), Inhofe (R-OK), Crapo (R-ID), and Udall (D-NM) introduced the Brownfields Utilization, Investment and Local Development (BUILD) Act of 2013. The legislation would reauthorize EPA’s Brownfields Program, as well as expand …
The former Michigan Bell and Western Electric Warehouse is being rennovated to become a home for the Neighborhood Service Organization and 155 housing units for homeless individuals. The project is made possible by federal and state historic tax credits, federal brownfields tax credits and a 10-year tax abatement from the City of Detroit. Photo copyright by Michael G. Smith. Used with permission.
New legislation moving through the Michigan State Senate could make it easier for developers to clean up and rebuild on brownfields in the state.
In anticipation of the upcoming election season, Congress has passed a continuing resolution (CR) to extend federal spending until March 27, 2013.
Leaders in both chambers have pushed for the passage a CR in order to avoid a government shutdown so close to the November election. Funding for the current federal programs, which was scheduled to expire at the end of September, will remain unchanged until March at which point Congress will revisit budget negotiations. The resolution passed the House with overwhelming support on September 13. The Senate deliberated the measure, and eventually passed the resolution, 62-30. President Obama signed the CR late last week.