Once a major industrial facility is retired from service, a complex mixture of legal, financial, environmental, regulatory and political forces come into play. Often times these forces conspire against each other to strand the asset and paralysis sets in.
Because of the very public nature of stranded asset redevelopment, a multi-stakeholder approach, focusing on sufficient Stakeholder Capital, is often the optimal solution.
Stakeholder Capital Consulting (SCC) combines deep technical expertise with political and regulatory sensibilities to design and implement the necessary multi-stakeholder solution to fix the problem of stranded assets.
We unstick stuck sites. Our track record includes:
- Lockheed-Martin, Burbank, CA
In the early 1990s, Lockheed relocated its operations from Burbank, leaving behind 300 acres of heavily contaminated industrial real estate. Repositioning the site for successful redevelopment required the careful alignment of technical, political, economic and regulatory stakeholders.
Deploying a Stakeholder Capital Risk Analysis methodology, paralysis was overcome. What was once an abandoned manufacturing complex is now a thriving mixed-use redevelopment generating significant economic benefit to the local community.
To learn more about Stakeholder Capital Risk Analyses and your distressed manufacturing assets, contact us.
- Yankee Rowe, MA and Yankee Atomic, CT
Yankee Rowe and Yankee Atomic were two former nuclear power plants supplying electrical energy to the New England power grid. Economic considerations caused the plants to close in the late 1990s. Successful regulatory closure and disposition of over 2,000 acres of surplus real estate called for navigating a complex mix of regulatory, political, economic and technical considerations.
A Stakeholder Capital Risk Analysis proved to be a key tool in managing the closure and successful repositioning of these former generating assets.
To learn more about Stakeholder Capital Risk Analyses and your distressed generating assets, contact us.
- Urban Residential Redevelopment -- Lynn, MA
To paraphrase Tip O’Neill, “All redevelopment is local.” For the City of Lynn, Massachusetts, redevelopment of an abandoned industrial facility was an exercise in coalescing stakeholders at the local, state and federal levels.
A Stakeholder Capital Risk Analysis approach was successful in leveraging over $2M in grants and loans to the City and spurring redevelopment of a former industrial facility into single-family housing. This project earned several “Best in Class” awards from state and federal redevelopment programs.
To learn more about how Stakeholder Capital Consulting may support urban redevelopment, contact us.