Brownfield Redevelopment Centro Asturiano Place
Brownfield Redevelopment Centro Asturiano Place, East Tampa, Florida
Centro Asturiano Place is located at the intersection of 21st Avenue and Republica De Cuba Avenue in historic Ybor City, Tampa, Florida. The abandoned hospital was originally built in 1928 and operated into the 1980s. The structure was abandoned and partially demolished in the early 1990s and the City of Tampa assumed ownership responsibility. In October 2002, Cap Development Company, LLC, a partnership between Bank of America and the Home Association, Inc., purchased the property through the Hillsborough County tax deed sale auction.
BFA was retained to perform site assessment activities. In addition to containing 3 USTs, impact from leaking pad mounted electrical transformers, and a basement that was suspected of containing bio-medical waste stored within it, the site was impacted from offsite migration of contaminants.
BFA conducted both Phase I and limited Phase II Site Assessment at the site. BFA also prepared a Brownfield Site Rehabilitation Agreement (BSRA) on behalf of Cap Development Company and Bank of America, which was approved in March 2004. Enabled the bank and Home Association to take advantage of tax incentives to clean up and redevelop the property.
The property was successfully redeveloped as a 200 unit, 3 story adult apartment complex. The site is located in a distressed community within an empowerment zone designation.
Brownfield Redevelopment Centro Asturiano Place, East Tampa, Florida
Centro Asturiano Place is located at the intersection of 21st Avenue and Republica De Cuba Avenue in historic Ybor City, Tampa, Florida. The abandoned hospital was originally built in 1928 and operated into the 1980s. The structure was abandoned and partially demolished in the early 1990s and the City of Tampa assumed ownership responsibility. In October 2002, Cap Development Company, LLC, a partnership between Bank of America and the Home Association, Inc., purchased the property through the Hillsborough County tax deed sale auction.
BFA was retained to perform site assessment activities. In addition to containing 3 USTs, impact from leaking pad mounted electrical transformers, and a basement that was suspected of containing bio-medical waste stored within it, the site was impacted from offsite migration of contaminants.
The property was successfully redeveloped as a 200 unit, 3 story adult apartment complex. The site is located in a distressed community within an empowerment zone designation.