Brandy Branch Mitigation Bank
The Brandy Branch Mitigation Bank is 762.38 acres located in Nassau County, Florida. It is the only Mitigation Credit Provider with Available Credits Currently; and has over $14 million worth of mitigation credits to be sold over the next 10 years; with 5 credit sales yearly (Approx $1.25 Million/year); with a purchase price of $4.5 Million.
This mitigation bank is fully permitted by SJRWMD (St. Johns River Water Management District) and USACOE (U.S. Army Corps of Engineers)
It is located in the UPPER ST. MARY’S RIVER (1) & MIDDLE & LOWER ST. MARYS RIVER (2)
- Pricing is $250,000.00/UMAM Credit
- Expenses anticipated to be: $60,000.00/year for Maintenance & Monitoring
- Anticipated Absorption (Based off Historic Sale) 5 credits sold a year
State Credits
Current Available: 25.48 state credits
Pending Releases: 33.96 state credits
Total State credits: 59.44 state credits
- Initial Total Potential: 166.84 Basin 1 Credits and 0.73 Basin 2 Credits
- Credits Released: 75.23 Basin 1 Credits and 0.66 Basin 2 Credits
- Initial release in 2014: 36.54 Basin 1 Credits and 0.62 Basin 2 Credits
- Modification release in Nov 2023: 38.69 Basin 1 Credits and 0.04 Basin 2 Credits
- Potential future release: 33.92 Basin 1 Credits and 0.06 Basin 1 Credits
- Forfeited: 57.69 Basin 1 Credits and 0.01 Basin 2 Credits (due to 2023 modification/accelerated credit releases)
Federal Credits
Current Available: 11.96 federal credits
Pending Releases: 79.88 federal credits
Total Federal Credits: 91.84 federal credits
- Initial Total Potential: 130.49 Credits
- Credits Released (2015): 15.63 Credits
- Potential future release: 79.88 Credits
- Forfeited: 34.98 Credits
Competition (SOLD OUT)
- Longleaf Mitigation Bank
- Loblolly Mitigation Bank
- Normandy Mitigation Bank
Brandy Branch Pertinent Information Download
