Site / Project Name |
Benevolent and Protective Order of the Elks Home |
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Brownfield Site Address |
2024 Cumberland Avenue, Middlesboro, Kentucky 40965 |
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Site Owner |
Discover Downtown Middlesboro, Inc. - 501(c)3 nonprofit org |
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Clear Title |
Yes |
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Owner Contaminator |
No |
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Former Use |
Convalescent home, hospital, apartments, clinic, retail (ground floor) |
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Land Use |
Historic downtown with over 60 brick commercial buildings listed on the National Register of Historic Places. |
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Infrastructure |
US Highway 25E is one mile to the east. This connects with Interstate 81 to the east and Interstate 75 to the west, both of which are an hour away. CSX provides access to Middlesboro that is a terminal stop on the line serving this area. |
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Assessment Level |
Phase 2 |
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Contaminants |
Lead, asbestos, mold |
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Cleanup Program |
Yes |
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Remediation |
No |
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Developer |
No |
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Future Use |
Mixed Use |
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Financing Tools: Federal Programs |
$682,637, Federal Rehabilitation Tax Credit (Secured)$250,000, Appalachian Regional Commission (Pending) $200,000, US EPA Brownfield Cleanup Grant (Pending) $1,331,141, New Markets Tax Credit (Pending) |
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Financing Tools: State Programs |
$480,000, Kentucky State Historic Preservation Tax Credit (Secured) |
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Financing Tools: Funds Committed |
See: http://downtownmiddlesboro.org/elks.htm |
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Challenges |
Financing; Attracting Developer |
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Technical Assistance |
Historic Tax Credits; New Markets Tax Credits |
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