State Announces Completion of Starbuck Island in Green Island
Governor Kathy Hochul recently announced the completion of the Starbuck Island redevelopment project, a $65 million investment that transformed more than 11-acres of contaminated oil storage brownfield into a high-density, vibrant waterfront community in the Village of Green Island, Albany County. Starbuck Island connects Green Island to downtown Troy and is now home to nearly 270 residential units, a salon, a restaurant, and parking.
Spectrum Health Seeking $22M Brownfield Incentive for New Downtown Campus
Spectrum Health is seeking up to $22 million in incentives from the city of Grand Rapids to help pay for a new campus in the Monroe North neighborhood that would house 1,800 administrative, non-clinical employees. Spectrum is asking the city to reimburse it for up to $22 million for eligible expenses under the city's brownfield program.
Reclaiming the Waste: Money May Come To Find, Clean Contaminated Sites
The legislation seeks to help the state's local governments identify the brownfields within their jurisdictions, preparatory work needed to seek some of the $350 million Ohio's current budget includes for brownfield cleanup. Senate Bill 83 would put that money into the existing Targeted Brownfields Assessment program. Under the amendment, the money would go to pay for more targeted assessments of brownfields at no cost to local governments.
University of Pittsburgh Gets $100M Infusion to Build Biomanufacturing Hub
The University of Pittsburgh is to develop a large swath of the 178-acre Hazelwood Green development along the Monongahela River into a biomanufacturing powerhouse. The $100 million grant will provide the capital and some initial operating expenses for the site's newest anchor tenant: Pitt's planned commercial bioresearch and development facility named BioForge. Plans for BioForge include building out 200,000 to 250,000 square feet of space at Hazelwood Green.
Port of Anacortes, WA Approves 2022 Budget, $11M in Capital Projects
The Port of Anacortes commissioners has approved a 2022 budget that anticipates $16.9 million in operating revenue and $16.7 million in operating expenses. The port also plans to spend roughly $11 million on capital improvements at the airport, marina, marine terminal, industrial properties, and equipment.
Four Area Organizations in PA Receive Funding for Community Revitalization Projects
Gov. Tom Wolf recently announced the approval of nearly $36 million to 220 community revitalization projects across the commonwealth through the Neighborhood Assistance Program (NAP), which supports nonprofits, businesses, and resident projects in distressed areas or low-income neighborhoods.
VEC Powers Up Two New Solar Arrays in Jericho in Support of 100% Renewables by 2030
Encore Renewable Energy and Vermont Electric Cooperative announced the commissioning of two new community-scale solar projects comprising 4.5 megawatts (MW) of new, clean energy generation in Jericho. These new arrays support VEC's goals of achieving a 100% renewable power supply by 2030. VEC will be utilizing the otherwise undevelopable property for renewable energy and thus turning brownfields into brightfields.
U.S. DOC Invests $2.6M in CARES Act Recovery Assistance to Support Local Food Manufacturing in Detroit, MI
U.S. Secretary of Commerce Gina M. Raimondo announced that the EDA is awarding a $2.6 million CARES Act grant to the Detroit Brownfield Redevelopment Authority to support Detroit's historic Eastern Market infrastructure development. This investment will allow the Greater Eastern Market Food Innovation Zone for additional processing, warehousing, and distribution facilities. This EDA grant, to be matched with local funds, is expected to create 300 jobs and generate $47.5 million in private investment.