The land has some freeway and rail access, and might be used for mixed commercial, retail, truck distribution, and residential apartment use. Part of the property was once part of a steel mill. Another part was converted from mill use to a municipal solid waste landfill that closed twenty years ago. A corner of the site once had a gas station, but all tanks have been removed. Because of local politics, he also wants to know whether part of the property could be used for a new school or a community park.
Developer asks the following questions.
My consultant tells me that the cleanup costs are within reason. My consultant also tells me that there is a proposed Remedial Action Plan for the part of the site that was used solely as a steel mill, a No Further Action letter for the gas station that shut down in 1997, and no agency involvement in the landfill parcel. This discussion should in no way be relied upon or construed as legal advice, particularly since most legal outcomes are highly dependent on the facts of a particular case or situation. The reader or recipient is strongly urged to consult with a lawyer for legal advice on these matters. Any reliance on the discussion information by someone who has not entered into a written retainer agreement with the lawyer providing the discussion information is at the reader's or recipient's own risk.