Superfund Sites
Even when a public-private partnership is not formally created, P&L always works
closely with the local government. With a Superfund site in Pennsylvania, for
example, P&L transferred the Superfund site to a government entity that received
a $1 Million State grant, and the local government forgave over $1 Million in
unpaid real estate taxes. The Superfund site was cleaned up by P&L and its
expert environmental consultants, and then the site was transferred back to P&L.
P&L then rezoned the site to a residential use. This is reportedly the first
Superfund site in the country that was converted to a residential community.
Today it consists of more than 180 townhouses in a pristine creek-side
development.