Site / Project Name |
Grim Hotel |
|---|
Brownfield Site Address |
4th & State Line Ave |
|---|
Site Owner |
Private: William Harrell |
|---|
Clear Title |
Not Sure |
|---|
Owner Contaminator |
No |
|---|
Former Use |
Hotel |
|---|
Land Use |
Application filed for historic designation |
|---|
Infrastructure |
5 blocks from rail; near intersection of several highways |
|---|
Assessment Level |
Phase 1
Awaiting approval for Phase 2 |
|---|
Contaminants |
asbestos, lead based paint, possible petroleum |
|---|
Cleanup Program |
No |
|---|
Remediation |
No |
|---|
Developer |
Yes
Jim Sari Development |
|---|
Future Use |
Don't know
All development plans are tentative at this point. Redevelopment plan would convert property to multi-family residential |
|---|
Financing Tools: Federal Programs |
|
|---|
Financing Tools: State Programs |
Local facade revolving loan fund |
|---|
Financing Tools: Funds Committed |
City has committed up to $1.5M from CDBG loan |
|---|
Challenges |
Financially viable redevelopment plan with qualified investors |
|---|
Technical Assistance |
|
|---|