Caltha LLP Project Summary
Project: Phase 1 ESA For Residential DevelopmentClient: Prospective Buyer
Location(s): Saint Cloud, Minnesota Area
Key Elements: Phase 1 Site investigation, Tier I Vapor Encroachment Screening Assessment, ASTM E2600-10
Overview: Caltha LLP conducted a Phase 1 Environmental Site Assessment for this multifamily residential property located near Saint Cloud, Minnesota. Phase 1 was conducted on behalf of a prospective Buyer to meet the requirements of their Lender. A focus of the Phase 1 ESA was to determine if any past uses of the property were considered "environmentally sensitive uses" as defined by the SBA environmental policies and procedures.
Unpermitted Solid Waste Dump Site
The Phase 1 environmental also included a Tier I Vapor Encroachment Screening Assessment conducted in accordance with ASTM Standard E2600-10. Numerous current and historic vapor sources were identified in the area. The screening assessment determined which, if any, could be a potential soil vapor encroachment risk for the property being assessed.
Click here for more information on Caltha's Environmental Assessment Services for commercial and industrial property transfer.
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