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Building I

France Avenue Business Park
Brooklyn Center, MN

 


Before

After
Environmental Situation
Site:
  • Former Joslyn Woodtreating Site
  • 40 acre Federal and State Superfund Site
  • Vacant, Fenced Off
  • Subject of 20 year, $15 million remedial action
Soil::

  • PAH/PCP soils treated on site

  • Residual risk required capping

  • Extensive geotechnical soil correction required

  • Buried peat at depth

Groundwater:
  • PCP/Fuel Oil impacted groundwater
  • Groundwater treatment system in place, required to operate for 20 years
  • Free product at depth treated by pump-out system
 
 
Action: This 40-acre former wood treating site lay dormant and fenced off.  The site was valued at close to $0.00, and with an ongoing cost of $3.5 million to operate the groundwater system.  RER acquired the property and is developing the property.  The development included incorporating an existing groundwater system, the need for capping and necessary geotechnical issues.
 
 
 
Outcome:

  • Development of a 203,105 square foot distribution center for Wickes Furniture.

  • Winner 2001 NAIOP Award of Excellence

  • Tax Base increase of over $8 million.

  • Delisted from National Priority List, State Superfund list.

  • Generates annual property taxes of $350,000 per year.

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