[CPEO-BIF] Holyoke, Massachusetts waterfront

[Lenny Siegel <lsiegel@cpeo.org>]

Commercial Development Coming to Vacant Holyoke Riverfront

Boston Real Estate (MA)
May 12 (?), 2010

Acres of contaminated property located between the Connecticut River and 
the Front Canal in historic downtown Holyoke will be cleaned up and 
redeveloped as a result of a Brownfields Covenant Not to Sue Agreement 
that Attorney General Martha Coakley's Office has entered into with the 
prospective developer of the site.

The covenant agreement limits the liability related to contamination on 
the six parcels in exchange for the redevelopment and cleanup. The 
property was once home to American Writing Paper and Brown Paper Mills 
in the 19th and 20th centuries, but the majority of the buildings on the 
site have been largely vacant in recent decades.

Under the agreement, Quantum Properties LLC will clean up the parcels in 
accordance with Massachusetts Department of Environmental Protection 
(MassDEP) standards and redevelop them into modern industrial and 
commercial buildings. The parcels are contaminated with oil and 
hazardous materials from their industrial history.

...

For the entire article, see
http://bostonrealestate.citybizlist.com/YourCityBizNews/detail.aspx?id=77750

--


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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