Site / Project Name |
The Granary |
Brownfield Site Address |
320 2nd Avenue, Longmont, Colorado 90501 |
Site Owner |
Brian Bair - PFP Longmont Holdings |
Clear Title |
Yes |
Owner Contaminator |
No |
Former Use |
Storage and maintenance building |
Land Use |
Site is adjacent to larger redevelopment of a former Butterball turkey processing plant. The site is the southern gateway of a redeveloping downtown district. The site is an old grainery building and the redevelopment plan includes maintaining the historic structure of the grainery and utilizing it to build out a maker space/incubator/co-working facility to spur support the entrepreneurial ecosystem in the community. |
Infrastructure |
The site is approximately 20 miles from the nearest interstate highway. It is adjacent to a BNSF railroad. It is across the street from future transit hub/TOD site. |
Assessment Level |
Phase 1 |
Contaminants |
Old grain in the silos is considered hazardous and needs to be remediated. |
Cleanup Program |
No |
Remediation |
No |
Developer |
Yes |
Future Use |
Commercial |
Financing Tools: Federal Programs |
TBD |
Financing Tools: State Programs |
Potential future enterprise zone site, Advanced Industry Infrastructure grant, historic tax credits |
Financing Tools: Funds Committed |
No |
Challenges |
Financing; Assessment and Cleanup of property |
Technical Assistance |
Historic Tax Credits; Bonds; EB-5 |