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McCollum & Sweetwater . . .
Your first and last stop for wetland mitigation banks and upland conservation banks.
one of the nation's premier land banking companies, we specialize in
joint venture partnerships with landowners and conservationists.
|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.
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.
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 25 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.
Credits for Sale
(Jump to Upland Conservation Banks)
opening Phase C during the 1st
quarter of this year. The date is uncertain since it is the
decision. Phase C credits are about 95% reserved. The remaining 5% will
be sold subsequent to IRT release. We will contact the projects on the
interest list at that time.
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.
(RBV Mitigation Credits, LLC). Wetland/Vernal Pool. Temecula.
Service Area: Western Riverside County.
Click here for the Bank Service Area
Update 10/28/23: There are 24.7 credits remaining and are immediately available Please call for price.
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
(Techbilt Construction, Inc.) Upland, Coastal Chaparral. Carlsbad.
Service Area: San Diego County including coastal areas.
(Tech-Bilt, Inc.). Upland/Maritime Chaparral/Coastal Sage Scrub. Encinitas. Service Area: San Diego County including coastal areas.
No Credits are 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 will become available later. Please call or check this page for updates.
Call (916) 708-2727 or email for pricing
San Diego Habitat Conservancy video on burrowing owl population at the Bank
San Diego Union Tribune news article
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.
Estimated Availability in 2023
(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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