Phase I Environmental Site Assessments (ESAs) are typically conducted to assess the potential for environmental contamination at a property, typically in connection with a real estate transaction. The purpose of a Phase I ESA is to identify potential or existing environmental liabilities associated with the property and to provide recommendations for further assessment and/or remediation if necessary.

Phase I ESAs in Denver, Colorado, are likely to follow the same general process as Phase I ESAs in other parts of the United States. This typically includes a review of historical land use and environmental records, an inspection of the property, and interviews with local officials and other relevant parties. The scope of the assessment may vary depending on the specific needs and concerns of the property owner or lender.

It is important to note that Phase I ESAs are only one aspect of due diligence in a real estate transaction and are not intended to be a comprehensive environmental assessment of a property. If the results of a Phase I ESA indicate the potential for environmental contamination at a property, further investigation (such as a Phase II ESA) may be necessary to fully understand the extent and nature of the contamination, and to identify appropriate remediation measures.

Phase I Environmental Site Assessments (ESAs) are performed to determine the potential for environmental contamination at a property and to assess the need for further investigation. These assessments are typically conducted before a property is purchased or developed, and they are intended to help identify any potential environmental liabilities that may be associated with the property.

In Denver, Colorado, Phase I ESAs are conducted in accordance with the Standards and Practices for All Appropriate Inquiries (AAI) as outlined in the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). These standards require that certain steps be taken to assess the potential for environmental contamination at a property, including reviewing records, conducting site inspections, and interviewing people who are familiar with the property.

Phase I ESAs in Denver may also involve the collection and analysis of soil and water samples to determine if there are any contaminants present on the property. If potential environmental concerns are identified during the assessment, further investigation may be required to determine the extent of the contamination and any necessary remediation measures.

Top Reasons:

1. What makes Phase I ESA different (from a technical perspective) in the Denver area is the geology: Denver has Zone 1 radon levels, oil and gas production, and mining sites.
2. The ESA experts in the Denver area are uniquely qualified to obtain resources related to those environmental features and have developed agency relationships and contacts to facilitate client needs for ESAs, Radon, and property condition reports (PCRs) (all scopes which an ESA professional typically will do).
3. ESA professionals in the Denver area will often work together between groups (Industrial Hygiene, Construction, Zoning, etc.) to provide whatever is necessary.

Hiring an experienced professional for your commercial real estate due diligence is important.