Sayreville Waterfront BDA Fact Sheet · 2020. 6. 25. · Sayreville Waterfront BDA Borough of...
Transcript of Sayreville Waterfront BDA Fact Sheet · 2020. 6. 25. · Sayreville Waterfront BDA Borough of...
Sayreville Waterfront BDABorough of Sayreville, Middlesex County February 2012
Fact Sheet
Background
The Sayreville Waterfront Redevelopment project wasdesignated a Brownfield Development Area (BDA) by theNew Jersey Department of Environmental Protection (DEP)in 2008. The BDA consists of three sites along the RaritanRiver: the former National Lead (NL) Industries site, theAtlantic Resources Corporation/Atlantic DevelopmentCompany and the Horseshoe Road Drum Dump. TheHorseshoe Road Drum Dump and the Atlantic ResourcesCorporation/Atlantic Development Company were added tothe United States Environmental Protection Agency’sNational Priority List of Superfund sites (NPL) in 1995. TheGarden State Parkway, Route 9 and Route 35 transect theformer NL Industries site, dividing it into two parcels. Theseparcels are being remediated by Sayreville Seaport Associates(SSA) under contract with the Sayreville Economic andRedevelopment Agency (SERA).
Remedial efforts are currently focused on the two parcelsformerly owned by NL Industries. The sites are contaminatedwith radionuclides, heavy metals, polyaromatic hydrocarbons(PAHs) and polychlorinated biphenyls (PCBs). The two NLIndustries parcels have been divided into three major remedialareas: Parcel A, Parcel B and Parcel C. Parcel C is furtherdivided into a number of sub-areas.
Current Status
The status of the remediation is as follows:
Parcel A: Remedial action is 95% completed (capping withclean fill and wetland vegetation)
Parcel B: Additional remedial investigation is required, whichis scheduled to be conducted in the spring of 2012
Parcel C: Remedial action started in February 2011 withsite clearing, importation of off-site fill material (110,000cubic yards), excavation/removal of building foundations,installation of remedial action storm water managementcontrols, and the ongoing removal of soils contaminated withPCBs and radiological contamination for off site disposal.
The cost to remediate the NL Parcels is estimated at $40million. To facilitate the remediation, SERA, NL Industries,Middlesex County and SSA entered into a “Four PartyAgreement.” Pursuant to that agreement, SSA obtained aloan of $20 million, and SERA applied for and was awardedgrants totaling $20 million from the Hazardous DischargeSite Remediation Fund (HDSRF). In addition, SSA executeda Brownfield Redevelopment Agreement with the State thatprovides for reimbursement of 75 percent of the cost toremediate the NL Parcels from new taxes generated by thedevelopment. Under the terms of the Four Party Agreement,SSA is required to deposit the first $10 million of paymentsfrom the reimbursement into an escrow account to providefor remediation cost overruns. The next $20 million will beused to fully reimburse the State for the HDSRF grantawarded to SERA.
The successful remediation and redevelopment of thesebrownfield parcels will create jobs, revitalize the community,generate ratables, create recreation and open-space, andrestore approximately 425 acres of heavily contaminated landthat has lain vacant for decades.
For more information, please contact the Office ofBrownfield Reuse at (609) 292-1251.
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CHRIS CHRISTIEGovernor
KIM GUADAGNOLt. Governor
BOB MARTINCommissioner
What is a Brownfield Development Area?New Jersey law defines a brownfield as a former or currentcommercial or industrial site that is vacant or underutilizedand where there has been, or there is suspected to havebeen, a discharge of a contaminant. Through its BrownfieldDevelopment Area (BDA) initiative, NJDEP works withcommunities with multiple brownfields to simultaneouslydesign and implement remediation and reuse plans for theseproperties so these activities can occur in a coordinatedfashion. Stakeholders, including the owners ofcontaminated properties, potentially responsible parties,developers, community groups, the technical advisors forlocal officials and the residents they represent, as well asthe residents themselves, are encouraged to participate inthe cleanup and revitalization process. BDAs aredesignated through a competitive application process andare the state’s highest priority brownfield sites forredevelopment. Under New Jersey law, Superfund sitesare eligible for brownfield status and can be included in aBDA. For more information, please go to www.nj.gov/dep/srp/brownfields .
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