Our Blog

Mitigation Bank Rulemaking

Dec28

Mitigation Banking Rulemaking for Florida Department of Environmental Protection. This information has recently been updated and is now available. Rule Adoption Hearing for 62-342.700, F.A.C., Financial Assurance for Mitigation Banks (Tentative) DATE AND TIME: January 19th, 2018, 1:00 p.m., ET PLACE: This hearing will be broadcast via webinar. Parties can register to attend the webinar via their personal computers with audio by telephone (regular long distance telephone charges will apply) or by speakers connected to their computer (no telephone charges will apply). Webinar registration is

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United States Fish and Wildlife Services (USFWS) Sand Skink Update

Nov22

On October 20, 2017 the United States Fish and Wildlife Services (USFWS) sent out a memo regarding a new Statewide Radius for Sand Skinks.  The memo was to document the decision and provide standard language to be included in Biological Opinions (BO) or Habitat Conservation Plans/Incidental Take Permits. Click here to read the entire new Statewide Radius Change for Sand Skink Incidental Take Permits from 188 ft to 80 ft. Need more

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Crooked River Mitigation Bank For Sale

Crooked River Mitigation Bank For Sale
Aug24

Permitting a mitigation bank is considered a high barrier to entry industry and risky due to the indefinite permitting timelines, standards and other unknowns. Entering the marketplace with a fully functioning mitigation bank permitted by both state and federal agencies is a unique, valuable long-term asset, that awards you less risk and a several years of time-savings.

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Market Analysis

May09

The Mitigation Banking Group, Inc. has been retained to provide a complete market research analysis for wetland mitigation banking in the Florida market. The analysis includes a full review of existing and pending mitigation banks in the marketplace and their inventory, analysis of historic sales of mitigation credits within each basin, a projection of credit sale absorption, and current and estimated credit pricing in each basin. MBG provides multiple in-depth market research and analysis studies that clearly map mitigation banking trends

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Top 5 Reasons Why to Use Mitigation Banks

May09

Top 5 Reasons on why purchasing mitigation credits from a mitigation bank is preferred to providing offsite or onsite mitigation   Save Time A developer using a mitigation bank will have reduced permitting time. The permitting practice is a more streamlined process since mitigation banks are already constructed and functioning. Wetland Mitigation banks are already approved by local, state, and federal agencies. Save Money Wetland impacts can be offset by property on-site or off-site (purchasing additional land within the same drainage basin to construct functioning

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