
Phase I Environmental Site Assessment
A Phase I Environmental Site Assessment (ESA) is a process used to evaluate the potential environmental contamination of a property. It involves reviewing historical records, site observations, and interviews to identify any environmental risks, such as the presence of hazardous materials or previous uses that could pose contamination concerns. The assessment aims to determine whether further investigation is necessary before buying or developing a property, helping stakeholders make informed decisions and comply with environmental regulations. Essentially, it’s a proactive step to ensure potential environmental issues are identified early on.