Brownfield cleanup begins on The Banks of Saline project

Wednesday, September 10, 2008 | Source: Concentrate

Cleanup has begun on the contaminated site for The Banks of Saline.

So far more than 225 dump truckloads of toxic soil have been removed from the 12 acres on Monroe Street, near Saline's downtown district. Throughout the mid 20th Century, Johnson Controls used the property as an industrial area, followed by 15 years of under use and the last five as a vacant space overlooking the Huron River.

"We are in the process of going forward with utilizing $1 million in brownfield tax credits," says Tom Foley, developer of the project.

He received $1 million in tax credits and incentives from the state's Clean Michigan Initiative to clean up the old factory site earlier this year. He plans to continue realigning the brownfield grant proposals and continue work through next spring. Construction is set to begin soon thereafter and take three years to finish.

Plans call for building 102 condos in seven buildings. Those buildings will range in size from 2-3 stories and will be marketed toward empty nesters and young professionals.

Each building will have an underground parking garage, so each unit will have access to an underground space and one more spot outside. Residents will also have an option of purchasing an extra parking space if necessary.

Source: Tom Foley, developer of The Banks of Saline
Writer: Jon Zemke