Site / Project Name |
Cedars at Kimberly Wisconsin |
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Brownfield Site Address |
430 North Street, Kimberly, Wisconsin |
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Site Owner |
AIM Development - Private |
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Clear Title |
Yes |
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Owner Contaminator |
No |
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Former Use |
Paper Mill |
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Land Use |
The site is approximately 90 acres with 5000 feet of shoreline on the Fox River. The site is surrounded by residential neighborhoods and small commercial buildings |
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Infrastructure |
The site is located in the Village of Kimberly which is well served by public infrastructure and transportation facilities. |
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Assessment Level |
Phase 2
The site is currently in the last phase of investigation necessary to achieve the WDNR VPLE. |
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Contaminants |
The site contains areas of historic fill and ground water .contamination |
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Cleanup Program |
Yes
Upon completion of a comprehensive investigation and remediation plan WDNR offers a Voluntary Party Liability Exemption which indemnifies the owners or future owners from liability for past environmental contamination. |
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Remediation |
Yes
A UST was removed in the 1990's. |
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Developer |
No
As of January 2016, Stadtmueller & Associates will be marketing the site through a process of RFP's to the real estate community |
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Future Use |
Mixed Use
Being on the Fox River offers significant recreational opportunities. |
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Financing Tools: Federal Programs |
TBD |
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Financing Tools: State Programs |
WEDC Idle Site Grant 2014, Village of Kimberly TIF |
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Financing Tools: Funds Committed |
TBD |
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Challenges |
Financing; Attracting Developer; Adopting a Redevelopment Plan for the site |
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Technical Assistance |
Tax Increment Financing; Historic Tax Credits; New Markets Tax Credits; Bonds; EB-5 |
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