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LOCATION: 139 Center Avenue Townhome Redevelopment, Little Falls, N.J.
PROPERTY SIZE: 7.1 acres, zoned residential
PROJECT TEAM: The entities involved in the project included TRC Companies, a joint venture partner, and local regulators.
MISSION: TRC purchased this former manufacturing facility, assuming all environmental liability. TRC’s goal was to mitigate solvent contamination in soil and ground water to allow site redevelopment and transform this blighted site into a luxury townhome community.
BACKGROUND: Property is located in the midst of a residential neighborhood in Little Falls, less than 30 minutes from New York City, and adjacent to a commuter rail station. When the company responsible for this former machine manufacturing facility filed for bankruptcy, TRC acquired title to the property and assumed the environmental cleanup obligation under the Industrial Site Recovery Act. Developers originally lacked interest in the site due to...
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