[CPEO-BIF] City hopes cleanup entices buyer

["Hersh, Robert" <hersh@WPI.EDU>]

WATERBURY: City hopes cleanup entices buyer

Republican-American (Waterbury, CT)
By Michael Puffer
January 12, 2007 

WATERBURY -- For two decades, a two-story brick building on Lakewood Road
that once housed Imbimbo's Formal Wear has laid dormant, crumbling and
racking up nearly $700,000 in unpaid taxes.

Now, city officials hope to interest developers in the blighted two-acre
property by spending $30,000 for a study that will catalog pollutants on the
property and outline potential cleanup costs.

"No one will ever step forward to take that site without information on the
environmental conditions; no bank will ever lend to that site," said Arthur
Bogen, a consultant helping the city tackle its extensive brownfields issues.

...

For the entire article, see
http://www.rep-am.com/story.php?id=18030


Bob Hersh
CPEO

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