Contact: Tom Thieding, 608-267-9661 email@example.com
Link to Release: http://wedc.org/brownfield-grant-royster-clark
MADISON, March 8, 2012 – Governor Scott Walker today announced RDC Development, Madison, will receive a $400,000 Blight Elimination and Brownfield Redevelopment award from the Wisconsin Economic Development Corporation (WEDC) for redevelopment of the former Royster Clark site.
The award will help reimburse RDC Development for remediation costs to prepare the 27 acre site for redevelopment. The property has been vacant since 2006. Demolition of the structures on the property started in December of 2011 so that the project site could be shovel ready for new residential and commercial development toward the end of 2013. The remediation and demolition costs for the proposed clean-up of the former fertilizer site are expected to exceed $4 million.
The Blight Elimination and Brownfield Redevelopment Program (BEBR) provides funding to assist local governments, businesses and individuals with assessing and remediating the environmental contamination of an abandoned, idle or underused industrial or commercial facility or site.
The WEDC is Wisconsin’s lead economic development agency.