[CPEO-BIF] Former water treatment facility, Troutdale, Oregon

[Lenny Siegel <lsiegel@cpeo.org>]

Troutdale takes a deep breath, tackles brownfield site

by Nick Bjork
Oregon Daily Journal of Commerce
September 20, 2010

These days, money is tight for projects in both the public and private 
sectors.

As a result, few developers are pursuing projects that require 
brownfield cleanup, which can be costly and time consuming.

But the city of Troutdale is looking to clear those hurdles by bearing 
some of the up-front costs to clean up a 20-acre site labeled by the 
mayor as the city's top development priority. Once cleanup costs are 
finalized, the mayor promises to exhaust all federal and state resources 
- and dip into the city's own pockets, too - to prepare the site for 
development.

"It's hard for projects to pencil out these days," said Chuck Harman, 
the interim manager for the Northwest regional cleanup program with the 
state Department of Environmental Quality. "And when you put remediation 
costs on top of that, the value of a site is usually upside down."

...

For the entire article, see
http://djcoregon.com/news/2010/09/20/troutdale-takes-a-deep-breath-tackles-brownfield-site/

--


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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