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CREATING A REDEVELOPMENT AGENDA
              FOR NEW JERSY
              REDEVELOPMENT FORUM 2012



                                          GAF Factory Site: A
                                          Brownfields Remediation
                                          & Redevelopment Case
                                          Study




South Bound Brook, NJ
Developed by:
The Matzel & Mumford Organization, Inc.
(a K. Hovnanian Company)
David Fisher, PP, AICP - Vice President
FORMER GAF FACTORY SITE
WHAT DEVELOPERS ARE LOOKING FOR
    LOCATION
     - Access to jobs, highways & mass transit
     - Shopping, recreation & cultural
    MARKET
     - Buyer profile / demographics
     - Condition of area, value, safety
     - Schools
    OPPORTUNITY
     - Cohesive political vision ~ regulatory partners
     - Proper redevelopment planning
     - Plan based on market realities
     - Realistic uses, density, layout & design flexibility
     - Appropriate use of recreation and civic spaces
    FINANCIAL
     - Property owned by municipality ~ ideal (limit eminent domain)
     - Acquisition assistance, if necessary. Especially where either infrastructure and/or
    environmental conditions warrant significant up-front expenditures
     - PILOT program? HDSRF funding? Environmental Infrastructure Trust?
ASBESTOS REMOVAL, DEMOLITION & SOIL REMEDIATION
SOIL REMEDIATION, CAPPING, DYNAMIC COMPACTION
          & CANAL BANK RESTORATION
CANAL CROSSING PROJECT FEATURES
   CLEANUP & ACQUISITION OF 12.5 ACRES
    - $8.3 Million remediation project with complex 4-party agreement between NJDEP,
    Borough, M&M and former G-1 Holdings (RP)
   REPLACEMENT, UPGRADE AND EXTENSION OF OLD SANITARY
    SEWER LINE TO ASSIST BORO IN LIFTING 20-YR OLD SEWER BAN
   152 TOWNHOMES
   23,000 S.F. OF MAIN STREET RETAIL SPACE, WITH 2nd STORY
    RESIDENTIAL UNITS ABOVE
   ADDITIONAL SHARED PARKING (with existing Credit Union Bank)
   CREATION OF NEW “WATERFRONT PLAZA” AREA FOR BORO
   RESTORATION OF 1600 L.F. OF THE D&R CANAL
   CONSTRUCTION OF PEDESTRIAN WALKWAY/BIKE PATH ALONG
    CANAL – CONNECTING TO TOW PATH
   PARTNERSHIP WITH BOROUGH & ELIZABETHTOWN WATER CO.
    FOR PEDSTRIAN BRIDGE REHABILITATION
   3/4 AC. PARK PROPERTY TO SOUTH BOUND BROOK
PEDESTRIAN
                                   BRIDGE
                                   REHAB

SITE WORK




            CONSTRUCTION BEGINS (Summer 2005)
BEFORE PHOTO: Significant blight on Borough’s Main Street; abandoned for more
than 20 years; some buildings more than 100 years old; no access to D&R Canal or towpath
AFTER PHOTO: Remediation complete, 152 Townhouse
             condo’s; commercial site not yet developed

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NJ Future Forum 2012 Creating a Redevelopment Agenda Fisher

  • 1. CREATING A REDEVELOPMENT AGENDA FOR NEW JERSY REDEVELOPMENT FORUM 2012 GAF Factory Site: A Brownfields Remediation & Redevelopment Case Study South Bound Brook, NJ Developed by: The Matzel & Mumford Organization, Inc. (a K. Hovnanian Company) David Fisher, PP, AICP - Vice President
  • 3. WHAT DEVELOPERS ARE LOOKING FOR  LOCATION - Access to jobs, highways & mass transit - Shopping, recreation & cultural  MARKET - Buyer profile / demographics - Condition of area, value, safety - Schools  OPPORTUNITY - Cohesive political vision ~ regulatory partners - Proper redevelopment planning - Plan based on market realities - Realistic uses, density, layout & design flexibility - Appropriate use of recreation and civic spaces  FINANCIAL - Property owned by municipality ~ ideal (limit eminent domain) - Acquisition assistance, if necessary. Especially where either infrastructure and/or environmental conditions warrant significant up-front expenditures - PILOT program? HDSRF funding? Environmental Infrastructure Trust?
  • 4. ASBESTOS REMOVAL, DEMOLITION & SOIL REMEDIATION
  • 5. SOIL REMEDIATION, CAPPING, DYNAMIC COMPACTION & CANAL BANK RESTORATION
  • 6. CANAL CROSSING PROJECT FEATURES  CLEANUP & ACQUISITION OF 12.5 ACRES - $8.3 Million remediation project with complex 4-party agreement between NJDEP, Borough, M&M and former G-1 Holdings (RP)  REPLACEMENT, UPGRADE AND EXTENSION OF OLD SANITARY SEWER LINE TO ASSIST BORO IN LIFTING 20-YR OLD SEWER BAN  152 TOWNHOMES  23,000 S.F. OF MAIN STREET RETAIL SPACE, WITH 2nd STORY RESIDENTIAL UNITS ABOVE  ADDITIONAL SHARED PARKING (with existing Credit Union Bank)  CREATION OF NEW “WATERFRONT PLAZA” AREA FOR BORO  RESTORATION OF 1600 L.F. OF THE D&R CANAL  CONSTRUCTION OF PEDESTRIAN WALKWAY/BIKE PATH ALONG CANAL – CONNECTING TO TOW PATH  PARTNERSHIP WITH BOROUGH & ELIZABETHTOWN WATER CO. FOR PEDSTRIAN BRIDGE REHABILITATION  3/4 AC. PARK PROPERTY TO SOUTH BOUND BROOK
  • 7. PEDESTRIAN BRIDGE REHAB SITE WORK CONSTRUCTION BEGINS (Summer 2005)
  • 8. BEFORE PHOTO: Significant blight on Borough’s Main Street; abandoned for more than 20 years; some buildings more than 100 years old; no access to D&R Canal or towpath
  • 9. AFTER PHOTO: Remediation complete, 152 Townhouse condo’s; commercial site not yet developed