[CPEO-BIF] GE and OmniSource sites, Ft. Wayne, Indiana

[Lenny Siegel <lsiegel@cpeo.org>]

Brownfields or bonanzas? Several factors will guide fate of two prominent downtown sites 


By Kevin Meininger
Ft. Wayne News-Sentinel (IN)
August 2, 2016

Nine years ago, the city paid $25,000 for an option to buy the 29-acre former home of a scrap metals company for $4.3 million but ultimately decided against it. Whether a still-unreleased assessment of possible contamination on the site influenced the decision remains unclear.

Six years ago, a leading local economic development official openly questioned General Electric's commitment to identifying possible "brownfield" problems on its 31-acre campus after a potential buyer of one of the buildings expressed concern about possible clean-up costs. 

Today, both properties - GE just south of an increasingly vibrant downtown and the old OmniSource site just to the north - are for sale and being marketed as potential developmental bonanzas despite the possible presence of icky industrial leftovers. 

…

For the entire article, see
http://www.news-sentinel.com/news/local/Brownfields-or-bonanzas--Several-factors-will-guide-fate-of-two-prominent-downtown-sites

--

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/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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