While brownfields laws do, in fact, reduce risk to a large extent, they never eliminate risk. Be willing to adjust. While plan changes may upset project predictions, brownfields developments often require changes as the remediation process continues. Sometimes, a minor project change can save a lot of money in site remediation costs with little impact on a project's bottom line. Every brownfields site must be analyzed from a financial, environmental, title, and marketing perspective.
Every developer wants clean title and a smooth deal.
With brownfields projects, expect tax liens, judgments, and other liens. Brownfields projects work, and some have been quite successful. Nonetheless, every project will not be a home run. About tax relief. Many government brownfields laws offer some measure of potential tax relief.