Mitigation Bank Credits

Ensuring Project Success
Through Experienced Mitigation Services

We represent mitigation banks throughout Florida. Our banks are large scale environmental restoration projects designed to provide compensatory offsets “mitigation credits” through the creation and sale of credits. 
Mitigation banking is the preferred method for the U.S. Army Corps of Engineers (USACE).

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 mitigation). The cost increases with the additional burden of permitting, construction, monitoring, and maintenance activities. Mitigation through a bank requires a one time fee for the mitigation credits and the additional burden and hidden cost are avoided.

Maximize Space

On site mitigation often becomes a burden on development sites, causing a development to be planned around the mitigation. Buying credits from a mitigation bank allows the developer to maximize his usable land and put that space to its highest and best use.

Avoid Risk

The developer that implements its own mitigation often finds its mitigation failing and must spend unexpected money to restore the wetland. The purchase of credits from a mitigation bank legally transfers all risk to the mitigation banker.

Benefits to the Environment

Establishment of a mitigation bank brings together financial resources, biological planning and scientific expertise. Consolidating these resources increase the potential for long-term successful mitigation that maximizes contribution to the environment. A large scale mitigation bank project has the opportunity to maintain the integrity of the aquatic ecosystem. The complexity of a wetland is difficult to encompass in a small development project. The larger mitigation bank has a better chance of encompassing all necessary biological functions.

Bear Point Mitigation Bank

Central Indian River Lagoon Basin
(SJRWMD: 22 & USACOE)

CGW Mitigation Bank

Indian River Lagoon Basin
(SFWMD & USACOE)

Colbert Cameron Mitigation Bank

St. Johns River (Canaveral Marshes to Wekiva) Basin (Basin 18), Econlockhatchee Nested Basin (Basin 19), Lake Jesup ( Basin 23), and part of the Southern St. Johns River (Basin 20)
(SJRWMD & USACOE)

Farmton Mitigation Bank

Halifax River Basin & St. Johns River Basin
SJRWMD (UMAM) & USACE (WRAP)

Florida Gulf Coast Mitigation Bank

Freshwater: Waccasassa River, Suwannee River Basin, Coastal Rivers & Withlacoochee River Basins (SRWMD)(FDEP & USACOE)
Saltwater: SWFWD: Upper Coastal and Withlacoochee River Basin, SRWMD: Wacassassa, Lower Suwanee, Coastal Basin and Aucilla Basin, NWFWD: St Marks River and Ochlockonee Basin

Garcon Peninsula Mitigation Bank

Pensacola Bay Basin
(NWFWMD & ACOE)

Hammock Lake Mitigation Bank

Palatlakaha River, Southern Ocklawaha River and Ocklawaha River Basins
Permitted: SWFWMD (UMAM) & USACE (UMAM)

Lake Swamp Mitigation Bank

Halifax River Basin
(SJRWMD:17 & USACOE)

Lake X Mitigation Bank

St. Johns River, Econlockhatchee Nested Basin, Lake Kissimmee, Lake Gentry, and Lake Hart Basins (SFWMD)

Reedy Creek Mitigation Bank

Reedy Creek, Shingle Creek, Boggy Creek, Lake Hart, E. Lake Toho, Lake Toho Basins, etc…
Permitted: SFWMD (UMAM) & USACE (M-WRAP)

San Pedro Bay Mitigation Bank

Coastal River and Aucilla River Basin
(FDEP and USACOE)

Tampa Bay Mitigation Bank

Tampa Bay and Coastal Areas Basin
(SWFWMD & USACOE)

Tiger Bay Mitigation Bank

Halifax River Basin
(SJRWMD: 17)

Twin Oaks Mitigation Bank

Reedy Creek, Shingle Creek, Boggy Creek, Lake Hart, Lake Tohopekaliga, Lake Gentry, Lake Hatchineha, and Lake Kissimmee Basins
Permitted: SFWMD (UMAM)

Webster Creek Mitigation Bank

Northern Indian River Lagoon (21) & Halifax River Basin (17)
Permitted: SJRWMD (UMAM)