[CPEO-BIF] Unfinished projects

[Lenny Siegel <lennysiegel@gmail.com>]

Deserted Building Sites Add to Property Bust's Toll


By JIM CARLTON
Wall Street Journal
MAY 7, 2009

TORRANCE, Calif. -- After a cash-starved developer halted construction 
last November of an assisted-living center here, it left a hole in the 
hillside that neighbors say is loosing possibly contaminated dust on 
their homes.

Local authorities say they haven't detected any pollution. But nearby 
residents, citing their own tests and some health problems, are calling 
for an independent investigation. Several trooped recently to City Hall, 
demanding action.

It's another facet of the real-estate bust: Across the country, local 
authorities are facing a rise in complaints about environmental and 
safety hazards from construction sites where work has been frozen.

In the Phoenix area, where scores of unfinished condominiums and other 
projects dot the horizon, local officials report a surge in calls about 
increased dust and tumbleweeds from sites cleared of native foliage. In 
San Diego, a block of sidewalks was torn up for several months where 
construction of a 14-story residential tower was halted in early 2008.

...

For the entire article, see
http://online.wsj.com/article/SB124165649273494241.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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