|
||||||||||||||||
|
FAQs
What are the plans for redevelopment of this site?
While ARC has not conducted an economic impact assessment of the project on the local area, any construction project of this size will generate significant revenues to Hastings-on-Hudson and surrounding communities. Has ARC established the Hastings/Hudson River Environmental Trust Fund as required under the Consent Decree with the Village and the Riverkeeper? Yes. In May 2004, ARC deposited $1.5 million into the Environmental Trust Fund to be used for river access, open space and other environmental projects, with priority given to projects in Hastings. In addition to this primary focus, ARC agreed in a consent decree with the Village to study the issue of preservation of several historic structures on site. ARC agreed to assess the overall condition and integrity of the structures, the impact of remediation activities on preservation, the estimated cost of preservation measures and the potential effects of preservation measures on the redevelopment of the site. By sponsoring the Hutton & Associates report and the Domani report, ARC has invested significant resources into fully meeting its obligations under the consent decree. The consent decree focused on three buildings (the administration building, Building 51 and Building 52) and the water tower. The administration building was severely damaged by fire many years back. For safety reasons, ARC was required to take the building down in fall of 2004. ARC hired Hutton & Associates, a highly respected architectural firm specializing in historic preservation, to conduct a study of the buildings. A supplemental report was made as further investigations into PCB contamination in and around the buildings were completed. The historic preservation study, conducted by Hutton & Associates, noted that none of the structures warrant historic landmark status, but are good examples of the industrial buildings that once dotted the banks of the Hudson. The study determined that the only way to preserve the water tower would be to carefully take it down, store it for several years during remediation, restore it and then re-erect it at a different location on the riverfront at a cost of just over $500,000. Because of the necessity to remove PCB contamination underneath Building 51 and because of some serious structural issues, much of the building will have to be taken down, but the study suggests that the façade and perhaps the front portion of the building might be preserved. Building 52 fortunately has less PCB contamination and a larger portion of the building could be preserved. Part of the northern section of the building would have to be removed as part of the likely proposed remedy for cleaning up the river. The cost of stabilizing and weather proofing the portions of the remaining portions of the buildings will nearly $2 million. While the Hutton reported determined that portions of the buildings could be saved at a cost of roughly $2 million, it noted several obstacles. First, the extensive remediation of the site, including excavation six to 12 feet at many portions of the site, will put severe stress on the structural integrity of the buildings. Second, the obligation to raise the grade of the site above the flood plain will raise the ground level up to four feet around parts of the buildings, stressing the buildings and changing their overall appearance. Third, the Village's Local Waterfront Revitalization Project has developed plans that would place the main entrance road to the site right through this building, suggesting that building preservation may conflict with future redevelopment. The implementation of the remedy will commence and continue into 2010. If the project remains on schedule, One River Street will be ready for redevelopment in 2011. For more information, see these other sites:
|
|
|||||||||||||||