Brandy Branch Mitigation – Nassau, Florida

Brandy Branch Mitigation Bank 

 Located in Nassau County, Florida, the Brandy Branch Mitigation Bank presents a opportunity for investment in environmental compliance. Spanning over 762.38 acres and enriched with natural waterways and diverse ecological features, this mitigation bank is now available for purchase.

Bank Highlights:

1. Strategic Location: Situated with 2.5 miles of frontage along the St. Mary’s River and serving as the terminus for Brandy Branch, Deep Creek, and Halter Creek.
2. Ecological Richness: The bank is characterized by its diverse habitats including riverine floodplain communities, bottomland hardwood forests, and upland ecological zones. These habitats support a wide range of federal and state-protected species.
3. Restoration Focus: Significant efforts have been directed towards restoring and enhancing the site’s natural ecological functions, particularly focusing on water quality improvements and habitat restoration.

Investment Benefits:

1. Regulatory Approval: Fully permitted by SJRWMD (St. Johns River Water Management District) and USACOE (U.S. Army Corps of Engineers), providing assurance of compliance and mitigation validity.
2. Restoration and Enhancement: Active management plans focus on water quality improvement and ecological restoration, increasing the bank’s value over time.
3. Mitigation Credit Demand: Located in a region with high demand for mitigation credits due to ongoing development pressures, ensuring a sustained interest and investment return; and is currently the only mitigation bank option in the Watershed.

UPPER ST. MARY’S RIVER (1) – HUC 3070204

The Upper St. Mary’s River Basin currently has 4 existing mitigation banks permitted within the basin.

Brandy Branch Mitigation Bank (762.38 acres) 

• Permitted by State & Federal (2015)
• Freshwater
• Services Basins 1 & 2

Longleaf Mitigation Bank (3,021 acres)

• Permitted by State & Federal (2005)
• Freshwater
• Services Basin 1, 2, & 3

Loblolly Mitigation Bank (6,240.03 acres)

• Permitted by State & Federal (Federal: 2003/State: 2007)
• Freshwater

Normandy Mitigation Bank (1037.37)

• Permitted by State & Federal Pending
• Freshwater
• Services Basin 1 & 4

Enclosed is a Pro Forma for Brandy Branch Mitigation Bank; with the following criteria:

1. Pricing is $250,000.00/UMAM Credit
2. Expenses anticipated to be: $60,000.00/year
3. Anticipated Absorption (Based off Historic Sale) 5 credits sold a year
4. 3% increase annually for credit sales
5. Valued at a 12% Discount Rate with 65 credits to sell (31 credits available currently; with 34 additional credits to be released over the next 2-4 years).

Federal Credits

1. Initial Total Potential: 130.49 Credits
2. Credits Released (2015): 15.63 Credits
3. Potential future release: 79.88 Credits
4. Forfeited: 34.98 Credits

State Credits

1. Initial Total Potential: 166.84 Basin 1 Credits and 0.73 Basin 2 Credits
2. Credits Released: 75.23 Basin 1 Credits and 0.66 Basin 2 Credits
3. Initial release in 2014: 36.54 Basin 1 Credits and 0.62 Basin 2 Credits
4. Modification release in Nov 2023: 38.69 Basin 1 Credits and 0.04 Basin 2 Credits
5. Potential future release: 33.92 Basin 1 Credits and 0.06 Basin 1 Credits
6. Forfeited: 57.69 Basin 1 Credits and 0.01 Basin 2 Credits (due to 2023 modification/accelerated credit releases)