SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO EXTENDED FEATURES

CREATE AN ACCOUNT FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!
February 2022 / Published in Due Diligence, Project Profiles

USDA Phase I Environmental Site Assessment Project Profile

Touchmark National Bank is a Small Business Administration (SBA) lender and, notably a United States Department of Agriculture (USDA) lender. A3 Environmental Consultants was contracted to perform a USDA Phase I Environmental Site Assessment (ESA) for the city of Charlotte Amalie, on the Island of St. Thomas in the United States Virgin Islands. The USDA is one of many government sponsored lending programs designed to promote economic development across the United States and its territories. Loans of this type are rare and Touchmark National Bank is one of the few banks that offer this specialty service.

USDA Phase I ESA

A3E environmental scientist Brian Englert traveled from Chicago, Illinois to Saint Thomas to perform the USDA Phase I ESA on a former bank building. The building will be renovated into offices. While we typically work with a network of over 250 environmental professionals across the nation, there were no qualified environmental consultants to partner with for this area. The city is 350 years old and the building dated from 1950. There were no Recognized Environmental Conditions (REC) found and the loan was completed shortly after.

Assets Not Liabilities

Assets Not Liabilities

Client:

Touchmark National Bank
United States Department of Agriculture (USDA)

Location:

Charlotte Amalie, Island of Saint Thomas, United States Virgin Islands

Services:

USDA Phase I Environmental Site Assessment

Key Staff:

Brian Englert – Report Writer, Site Visit, Project Manager

Duration:

2020

Value:

$3,400

 

 

USDA Phase I ESA Loan

USDA Phase I ESA Loan Saint Thomas USVI

 

USDA Phase 1 Environmental Site Assessment (ESA)

USDA Phase 1 Environmental Site Assessment (ESA) St Thomas USVI

What you can read next

SRP Program Nightmares: When CRE Projects Go Bad
SRP Program Nightmares: When CRE Projects Go Bad
Phase 1 Environmental
4 Factors in a Average Cost Phase 1 Environmental?
Phase II ESA Hammond
Steel Manufacturing Industrial Phase II ESA Project Profile 2020
2021 Logo

Environmental Due Diligence

ES – Environmental Screens
RSRA – Record Search Risk Assessment
TSA
– Transaction Screen
Phase 1 ESA
Phase 2 ESA
PESA –
Preliminary ESA
PSI
– Preliminary Site Investigation
Soil Gas –
Investigation
BEA – Baseline Environmental

A3E Site Assessors Map

Nationwide Resource Map

A3E Home Page

A3E About Us

  • LinkedIn
  • YouTube
  • Facebook
  • Twitter

Search

TOP