Wetland mitigation banks and upland conservation banks ("land banks") are potentially profitable alternatives to traditional commercial and residential development projects. If a parcel has sensitive wildlife habitat or is located within planned wildlife corridors, its highest and best use may be as biological open space. In the past, this represented a significant down zone in terms of value. However, with the land bank option the value may be competitive with typical development strategies. | A critical benefit to creation of a land bank is the economic advantage to the landowner. The ability to sell mitigation or conservation credits provides private landowners with an incentive to develop their lands for conservation, rather than for other purposes. Land banks are important tools in achieving long-term conservation goals and objectives throughout the state. Land banks also benefit those seeking to mitigate impacts through more streamlined and affordable mitigation procedures. |
Conservation
banking was formally introduced on April 7, 1995 at a
ceremony for Bank of America's Carlsbad Highlands Conservation Bank. At
that ceremony, the first-in-the-nation statewide policy encouraging
conservation banking was incorporated into federal policy by the
Secretary of the Interior. ![]() |
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McCollum
Associates was instrumental in the development of the state
and federal
conservation banking programs. Michael McCollum, as part of a National
Mitigation Banking Association working group, helped pass legislation
and draft the first national wetland mitigation and banking guideline,
the USACOE/EPA 2008 Final Rule on Compensatory Mitigation for wetlands.
The Final Rule prioritized mitigation banks as an appropriate
mitigation strategy. During that effort, in affiliation with
Sweetwater
Environmental Biologists, Inc., McCollum
& Sweetwater has
developed over 20 conservation and mitigation banks in
California and nearby states over
the past 22 years. No other team has our level of experience or
regulatory
understanding to create banks individually tailored to landowners'
needs. While McCollum
& Sweetwater
creates and markets land banks in a variety of ways, our specialty is
working with landowners through joint venture agreements. This approach
allows the
landowner to retain significant ownership and income in the bank,
yet
take advantage of our institutional knowledge and experience. Part of our team are professionals who regularly assist us with ongoing banking and national mitigation policy matters: Joseph Findaro, formerly with the Department of the Interior Solictors office, in the Washington D.C. office of his firm, Akerman Senterfitt. John Paul Woodley, Jr., former Assistant Secretary for the Army, Civil Works, through his firm Advantus Strategies in Virginia; and, Congressman John Doolittle, former Congressman from the Sacramento area, through his firm John T. Doolittle, LLC, also in Virginia. Click here for Biographies |
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Wetland
Mitigation Banks
Credits for Sale (Jump to Upland Conservation Banks) |
![]() ADDITIONAL CREDITS AVAILABLE NOW!Riverpark Mitigation Bank is now offering Credits from the IRT-approved second release!(Riverpark Mitigation Habitat, LLC.) Wetland Resources, Vernal Pools. Riverside County.Service Area: Riverside and San Bernardino Counties Click here for Service Area Map Riverpark
Mitigation Bank has more Credits available, both wetland re-establishment and rehabilitation. Credits within the
Bank can be used
in western Riverside County and portions of San Bernardino County
Riverpark wetland Credits will provide compensatory mitigation for most 404, 401, 1600, Waters of the U.S, Waters of the State, and MSHCP Riparian Riverine impacts. |
![]() The Bank
habitat supports a diversity of unique, native hydrophytes. Several
species of sensitive plants and animals occur on this 600-acre portion
of the floodplain, including smooth tarplant, spreading navarretia, San
Jacinto Valley crownscale, and Coulter’s goldfields. The Bank
permanently preserves and manages an important ecological resource in
Riverside County.
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![]() ![]() Regional Location Map Call or email for pricing and purchase contracts.mccollum@mccollum.com (916) 708-2727Barryjones_seb@yahoo.com (619) 742-2068 |
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![]() (RBV Mitigation Credits, LLC). Wetland/Vernal Pool. Temecula. Service Area: Western Riverside County. Click here for the Bank Service Area This bank incorporates the Skunk Hollow Vernal Pool. With a water surface area exceeding 33 acres, this is the second largest vernal pool in the state. It provides habitat for numerous threatened and endangered species of plants and animals, including the Riverside fairy shrimp. This preservation mitigation bank has approximately 136 wetland credits, or functional units, for general wetland impacts in western Riverside County. The bank is formally permitted by the Army Corps of Engineers, U.S. Fish and Wildlife Service, and Department of Fish and Game. The bank is fully endowed and managed by the Center for Natural Lands Management. This is a preservation bank . . . in other words, mitigation for "No Net Loss" must be accomplished at another wetland creation site for the first 1:1 mitigation obligation. The balance of any mitigation ratio (e.g. 2:1) can be accomplished at the Barry Jones Bank. The bank can be used for low or high quality wetland impacts. Credits are available now for sale! Click here for a Location Map. Click here for a list of Wildlife Species Found at Skunk Hollow |
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![]() This Bank is IRT (Corps & CDFW) approved!First Credit release is pending(Westminster Fund). Wetland Resources & Chaparral. San Diego County.Service Areas: Wetland - Upper watershed of the Tijuana River and the Upper San Diego and Sweetwater Watersheds. Upland - San Diego County Multiple Species Conservation Program (MSCP) East County Subarea Planning Area, west of the crest of the Peninsular Range. Click here for Service Area maps This bank will have 15 acres of wetland mitigation, 9.9 acres of other Waters, and 439 acres of upland. |
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![]() (Westmark Development). Wetland and CSS. Carlsbad. Service Area: North Coastal San Diego County. Click here for the bank Service Area The Bank consists of the following habitats: Wetland/Riparian credits are sold out of this bank. 0.84 credit of CSS remaining. Please call for details. The property is fully endowed and managed by the Center for Natural Lands Management |
.![]() ![]() ![]() Before Restoration Efforts After Restoration Efforts Click here to download: Regional Map Location Map Aerial Photo of Bank Vicinity |
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![]() (J.R. Watson & Associates Development Corp) Colorado River Riparian. Near Blythe, Riverside County, California. Service Area: Desert areas near Colorado River Wetland/Riparian mitigation is hard to find along the Colorado River. This 8.5 acre project was construction for a project in Needles that was not completed. The Department of Fish and Wildlife agreed to allow the habitat to be sold to another entity. Call for pricing and details. ![]() Sensitive species on site include Bell's vireo and Gila woodpecker. ![]() |
![]() Example Enhancement Area
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![]() ![]() Colorado River |
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See our other wetland banks, coming soon |
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![]() (Techbilt Construction, Inc.) Upland, Coastal Chaparral. Carlsbad. Service Area: San Diego County including coastal areas. ![]() This site, part of a larger biological open space, is adjacent to Palomar Airport. There are approximately 43 acres of habitat available for purchase and is managed by the Center for Natural Lands Management. |
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(Tech-Bilt, Inc.). Upland/Maritime Chaparral/Coastal
Sage
Scrub.
Encinitas. Service Area: San Diego County including coastal
areas.
2.28 CSS / 0.55 SMC credits currently
for sale.
This bank is
selling conservation credits for coastal sage
scrub and maritime chaparral habitats. Listed plant
species abound on this 150-acre bank along the San Diego County coast.
If you need mitigation for state or federally listed plants, this may
be the place. Potentially more later. Please Call for Details ![]() |
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(Judd RR
Investments, LLC and Kearny PCCP Otay 311, LLC) Upland/Grassland,
Burrowing Owl & Vernal Pool Habitat. Ramona.
Service Area: San Diego County (see below). Click here for a map of the Service Area This bank offers 200 credits of non-native grassland/burrowing owl habitat and vernal pools. The bank's Service Area for grassland credits includes the East Otay Mesa Specific Plan (EOMSP) area within the South County Segment of the Multiple Species Conservation Program (MSCP) and Planning Units 12, 13, 14, 15, 17, and 23 of the Draft North County MSCP. Areas outside of this area could use the bank upon concurrence from the Wildlife Agencies. Vernal pool credits are limited to Planning Units 12, 13, 14, 15, 17, and 23 of the Draft North County MSCP. ![]() |
![]() ![]() Call (916) 708-2727 or email for pricing Location Map |
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APPROVED BY
CALIFORNIA DEPARTMENT OF
FISH AND WILDLIFE Call or email for prices and other information. ![]() (Cadiz, Inc.) Desert Tortoise & Dry Wash Habitat. San Bernardino County. Service Area: San Bernardino County Desert. Click here for a map of the Service Area. This 7,400-acre bank resides in designated critical habitat for the Desert Tortoise in the County of San Bernardino. Credits are immediately available for impacts to desert tortoise habitat, dry wash, and other desert habitats. |
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2020 (Circle B Land Company Underwood, LLC) Greater Sage Grouse and other
Habitats. Lincoln
County, Wyoming.
Service Area: Western Wyoming & Eastern Idaho. This 18,000 acre bank has prime habitat in western Wyoming. Besides sage grouse, a majority of the Bank Property contains summer, transitional, and crucial winter range for mule deer, elk, pronghorn, and moose. Other wildlife includes waterfowl, bald and golden eagles, beaver, native cutthroat trout, white-tailed jackrabbit, mountain cottontail, desert cottontail, pygmy rabbit, mountain lion, bobcat, American badger, weasel, white-tailed prairie dog, and bats. |
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