2008 CPEO Brownfields List Archive

From: Lenny Siegel <lennysiegel@gmail.com>
Date: Sat, 7 Jun 2008 01:23:15 -0700 (PDT)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Ford Plant, Hazelwood, Missouri
 
Ford completes sale of former Hazelwood plant to Panattoni

by Matt Allen
St. Louis Business Journal (MO)
June 5, 2008

Ford Motor Co. has sold the former Ford assembly plant in Hazelwood, Mo., to Panattoni Development Co., which put the 155-acre property on North Lindbergh Boulevard under contract in January.

Though Panattoni nor Ford disclosed the purchase price of the property, real estate sources put the price tag at more than $50 million.

Sacramento, Calif.-based Panattoni plans to build 11 new buildings totaling about 2.6 million square feet of commercial and industrial space.

...

On Wednesday, up to $5 million in remediation tax credits from the Missouri Department of Economic Development for the Aviator Business Park were approved through the Brownfield Redevelopment Program.

...

For the entire article, see
http://www.bizjournals.com/stlouis/stories/2008/06/02/daily52.html

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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