Raccoon Pond Mitigation Bank Feasibility

Forestar Real Estate Group decided in 2011 to develop Raccoon Pond Mitigation Bank, a 2,592-acre tract of land into a stream and wetland mitigation bank in Cherokee County, Texas. RS&H assisted Forestar in determining the project's feasibility, including whether or not the mitigation bank would generate sufficient credit to offset restoration and enhancement costs, as well as provide a desired rate of return on investment.

RS&H conducted a cursory on-the-ground review along with geospatial analyses of the property and provided Forestar with a competition analysis, wetland maps and vegetation cover maps, conceptual design, and potential credit generation. RS&H is currently reviewing the credit generation method to increase credit availability and revenues. The team is also coordinating with the appropriate agencies to ensure the project’s success.   

Project Information

Cherokee County, Texas

Forestar Real Estate Group