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Camden County Joint Development Authority


Project


Site / Project Name

St. Marys Marine Center

Brownfield Site Address

no formal address for site ( lat. 30.733976/ long. -81.541744) approximately 50 acres of former mill site located north of Meeting Street, east of Osborne Road, and west of North River.

Site Owner

The site is currently owned by a bankruptcy trust. The Camden County Joint Development Authority currently has an option on 50 acres of this former mill site (total of 717 acres). The Authority is currently undergoing site due diligence including environmental condition determination. The Authority and Master Developer plans to purchase this 50 acre site. Approximately 42 acres of the site will be redeveloped into a mixed-use development with marina/boat repair and refit, retail, commercial, and residential uses.

Clear Title

Yes

Owner Contaminator

No

Former Use

Paper Mill site - Gilman/Durango-Georgia Paper Mill

Land Use

The subject site is located at the entrance into downtown, historic St. Marys. It abuts the North River on the east and overlooks the marsh. The buildings on the former mill site have been removed and concrete rubble and debris remain. The site is currently under a planned development zoning. The surrounding area is comprised of retail-commercial, residential, and natural river frontage. The mill was in operation from the 1930's until the 1990's. The mill was sold to Durango and then closed in the early 2000's. The site is a brownfield and has a corrective action plan in place which must be updated due to current plans, recent environmental investigations.

Infrastructure

The site abuts water/sewer/stormwater/road infrastructure to the south along Meeting Street. Rail access abuts the site east of Osborne Road. The former rail line to the site was removed by a demolition contractor.

Assessment Level

Phase 1

Contaminants

Known contaminants - AROCLOR 1254/AROCLOR 1260/BENZO(A)PYRENE/

Cleanup Program

No

The site has a current Corrective Action Plan. This plan must be updated and as a component of that the Authority intends to enter the property into the Georgia Brownfields Program.

Remediation

No

Developer

Yes

Mr. Bruce Benton, Firmus, LLC

Future Use

Mixed Use

retail-commercial, residential, marina/boat repair/refit/storage

Financing Tools: Federal Programs

EPA-Brownfields Clean-Up

Financing Tools: State Programs

Tax Allocation District, Community Improvement District, Military Job Tax Credit (for tenants) - State level programs may include Employment Incentive Program and/or Redevelopment Fund through Georgia Department of Community Affairs

Financing Tools: Funds Committed

The Authority has committed the initial due diligence funds as well as the option fee for sNotes://driscoll/88257DE7007C760B/F5C6F3C20774B5058625749B00637DB8/024B9204084EA380882581BD0061CD8A
Camden County Joint Development Authorityite acquisition.

Challenges

Financing; Assessment and Cleanup of property

Technical Assistance

Tax Increment Financing; Bonds; EB-5; Not sure

The Authority is unsure of any other funding mechanisms. The site is included in a Tax Allocation District (similar to a TIF district). The Authority is also considering the creation of a Community Improvement District to assist in funding for public components of the project.

Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication.