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Midway Business
Center

Minneapolis, MN


Before


After

Environmental Situation
Site:
  • Former Lewis Bolt & Nut metal workings site and Former Metal Coatings site
Buildings:
  • Asbestos
Soil:
  • Solid waste included concrete from old foundations,
  • A concrete vault with drums full of metal-contaminated soils
  • 5 underground storage tank basins
  • Significant petroleum product impacts
  • Metals, including lead and zinc
  • PAHs and low pH soils
 
 
Groundwater:
  • Low level VOCs
  • Low pH perched groundwater
Action:

Real Estate Recycling (RER) purchased the property from Lewis Bolt & Nut and the tax forfeit Metal Coatings site from Hennepin County.  After a thorough investigation and Remedial Action Plan (RAP) approval by the Minnesota Pollution Control Agency (MPCA), RER demolished the old structures and implemented the RAP in a two month period.  Steel from the old buildings was recycled and all concrete was crushed and recycled on site.  Implementation of the approved RAP gives liability protection to RER, lenders and any future owner of the property.

 
 
Outcome:
  • Comprehensive remediation, Certificate of Completion from the MPCA
  • Abandoned and tax-forfeited sites redeveloped into a new, state-of-the-art 140,000 square foot office/warehouse facility
  • 140 new jobs
  • Tax base increase of over $5 million

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