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Jan 04 2020

EcoSystem Renewal Announces New Wetlands Restoration Projects

BATON ROUGE, La. – EcoSystem Renewal LLC, a pioneer in turnkey mitigation banking to restore and preserve sensitive environmental land, is providing technical and regulatory permitting services for critical wetland restoration of more than 1,100 acres in the Pontchartrain Basin. The new project announced this month (December), the Upper Comite Flats Umbrella Mitigation Bank, encompasses nine parcels in the Basin, one of the most in-demand watersheds in Louisiana.

Mitigation banking is the federally preferred method of meeting the national goal of no net-loss of wetlands and environmentally threatened land. Project leaders for road building, construction and other development can purchase credits in the land banks to meet requirements for offsetting unavoidable wetland impacts elsewhere. EcoSystem, based in Baton Rouge, has completed wetland delineation of the nine separate parcels and is now drafting the prospectus to submit to the US Army Corps of Engineers-New Orleans District. A prospectus is the legal document that spells out details of the project and restoration goals for regulators. 

Glenn Curtis, Manager of Inland Property LLC, developer of the Upper Comite Flats mitigation bank, said authorization is expected by the end of the fourth quarter of 2020. A dire shortage of forested wetland credits in the Pontchartrain Basin, Curtis said, is holding up public and private development. “We intend to bring these credits to the market as quickly as possible,” Curtis said.

EcoSystem Renewal is also providing technical and regulatory services for two other Inland Property projects, the Elm Hall Mitigation Bank (in Assumption Parish) and Willow Lake Mitigation Bank (in Cameron Parish). Both are in final permitting stage with approval expected in the first quarter of 2020, for Willow Lake, and third quarter for Elm Hall. Willow Lake will provide 375 acres of fresh marsh and coastal prairie wetland credits in the Calcasieu Basin. Elm Hall will yield 395 acres of forested wetland credits in the Terrebonne Basin service area. Both are located within the Louisiana Coastal Zone.

In addition, EcoSystem Renewal is in final stages of permitting for a Texas mitigation bank, a complex 605-acre project, Cedar Bayou, in Liberty County. Cedar Bayou Holdings LLC, sponsor of that land bank, anticipates final approval by the third quarter 2020.

For the past 10 years, EcoSystem Renewal has overseen design, permitting, construction, monitoring and management of more than 15,000 acres of restoration projects in Louisiana and Texas. Managing Director Danny Moran said the coming year is shaping up to be a busy, exciting year for the company.

“This team is passionate about what they do and very good at their respective jobs,” Moran said. “We expect to add additional projects in 2020 and look to add team members who are dedicated to wetland restoration.”

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For more information, contact

Danny Moran, Managing Director, EcoSystem Renewal, LLC, 225-978-9401, dmoran@ecosystemrenewal.com;  We invest in the environment so you can bank on the future™.  Visit ecosystemrenewal.com

Will Beaty, Director of Sales and Marketing, EcoSystem Renewal, LLC, 888-294-8101 Ext 802, wbeaty@ecosystemrenewal.com

Beth Payan, Larry Vershel Communications, Inc.  407-644-4142 or 407-461-3781 Beth@LarryVershel.com

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