OC Business Journal

Converting Environmental Liabilities into Assets

To learn more, please visit rouxinc.com or contact Darby Johnson at djohnson@rouxinc.com or (310) 879-4924.

The Roux organization applies sophisticated scientific, technical, and managerial resources to develop and implement effective and sustainable solutions for contaminated real estate. In short, we solve our clients’ most challenging issues. We do this by providing our advisory, compliance, and field services to a broad spectrum of private and public sector clients nationwide and their associated law firms, including numerous developers and Fortune 500 companies.

After the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) was passed in 1980, Roux began investigation and remediation of dozens of federal and state Superfund sites across the country. Today, Roux offers a broader array of consulting services as an employee-owned company with nearly 350 environmental professionals in a variety of science, economic, and engineering disciplines.

As an environmental consultant in real estate, Roux has mastered the strength of our brownfields support, converting properties to new use or value by providing timely and cost-effective consulting services. Roux routinely advises clients regarding environmental conditions and how they will affect the planned redevelopment from budget and schedule perspectives.

Roux is well acquainted with the regulatory programs and challenges that redevelopments may encounter. We produce a cleanup outcome that is consistent with the intended future use of a property, efficiently turning sites into revenueproducing developments.

Much of our brownfields work, particularly in California, has transformed contaminated sites that wouldn’t have been considered for reuse in a much different real estate market just five short years ago. Roux has been mastering our technical expertise and agency agreements, leading the charge in property transformation.

Today, Roux is working on landfills and former industrial properties going through site redevelopment. Some of these sites have been waiting 20 years for the right combination of economic conditions, land developer risk appetite, technical knowhow, and regulatory agency encouragement and support before a future use could be realized. Developers like Shopoff are among the current leaders in this space, and we are pleased to be collaborating with them on multiple properties in Southern California.

SHOPOFF REALTY INVESTMENTS

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2022-05-23T07:00:00.0000000Z

2022-05-23T07:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/282449942634602

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