EPA Smooths Way for Redevelopment of Former Downingtown Waste Site
Release date: 3/17/1999
Contact Information: Ruth Podems, (215) 814-5540
DOWNINGTOWN, Pa. - The U.S. Environmental Protection Agency has
signed a prospective purchaser agreement with SERENA, Inc. concerning a
10.6-acre parcel of the former O’Brien Machinery industrial site in
Downingtown, Chester County. SERENA plans to build residential housing
at the property on Washington and Green Streets.
EPA negotiates prospective purchaser agreements with potential
buyers of properties where Superfund hazardous waste cleanups have
occurred. The agreements are intended to encourage re-use of these
sites by giving buyers legal protection from liability for existing
contamination -- in return for the buyer’s cooperation in EPA’s cleanup
objectives.
"EPA recognizes that liability fears may impede the sale of former
Superfund sites. Agreements like this one help return these properties
to productive use, creating jobs and expanding a community’s tax base,"
said EPA Regional Administrator W. Michael McCabe.
From 1992 through 1997, EPA spent $1.5 million to clean up the
site, where the now-defunct O’Brien Machinery Co. once built and
repaired large industrial generators. EPA removed transformers that
contained polychlorinated biphenyls (PCBs) and cleaned up contaminated
soil and building materials. PCBs, probable carcinogens, are contained
in liquid insulation formerly used in electrical equipment, but are now
banned.
SERENA, which plans to acquire the property through foreclosure
proceedings, proposes an additional $1 million in final cleanup
activities -- including a controlled demolition of existing structures
and cleanup of any residual PCB contamination at the site to safe
residential levels.
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