Site / Project Name |
Edenfield Property |
Brownfield Site Address |
505 5th Street West |
Site Owner |
Palmetto Community Redevelopment Agency |
Clear Title |
Yes |
Owner Contaminator |
No |
Former Use |
Railroad |
Land Use |
Vacant |
Infrastructure |
railroad adjacent to west
Industrial to west and north
Manatee River to south |
Assessment Level |
Phase 2
BSRA with state |
Contaminants |
Arsenic |
Cleanup Program |
Yes
Florida Brownfield BSRA |
Remediation |
No |
Developer |
No |
Future Use |
Industrial
State is building passenger light rail, could be a depot |
Financing Tools: Federal Programs |
USDA B&I, Brownfield |
Financing Tools: State Programs |
Brownfield, CDBG -ED |
Financing Tools: Funds Committed |
CRA Incentives |
Challenges |
Financing; Attracting Developer; Adopting a Redevelopment Plan for the site; Assessment and Cleanup of property |
Technical Assistance |
New Markets Tax Credits; Bonds; EB-5 |