RECENT PRESS RELEASES
41-Acre Former Gates Site Sold to Denver-Based Frontier Renewal
Frontier Renewal will finish environmental cleanup and prepare the site for development
Gates Rubber Company operated at the site from approximately 1937 through 1991. Cherokee purchased the site in 2001 and implemented a portion of the onsite demolition and environmental cleanup. Gates Corporation reacquired the property in 2009 and continued the remediation efforts including demolishing remaining onsite structures, cleaning up groundwater and installing groundwater remediation systems. Read more….
Frontier Renewal Finishes Demolition and Begins Environmental Cleanup of South Lake Union Property
Plan for contaminated Seattle city block at 700 Dexter includes repositioning for mixed-use development
Frontier Renewal has finished demolition and begun cleanup of its South Lake Union property in Seattle. The 700 Dexter property totals 1.4 acres and spans an entire city block. Frontier Renewal acquired the brownfield property in January of 2010. Read more….
Frontier Renewal Sells Bellevue@Main Property in Bellevue, Washington
Residential/mixed-use development plans can now proceed
Frontier Renewal has sold its Bellevue@Main property located at Bellevue Way & Main Street in Bellevue, Washington. The 2.76-acre site sits at the entrance to Old Bellevue and just a few blocks from Bellevue’s Central Business district. The property has been impaired for decades with significant soil and groundwater contamination as a result of historical operations that included a dry cleaner, a gas station, and automobile repair facility. Read more….
Denver brownfields developer Frontier Renewal buys former Gates plant
Denver-based Frontier Renewal on Monday said it will complete the cleanup of the former 41-acre Gates Rubber Co. plant site and prepare it for future development. Read more….
Gates Rubber plant site sold
Denver Business Journal
The 41-acre site formerly occupied by the century-old Gates Rubber plant at Interstate 25 and Broadway Street in Denver has sold to Frontier Renewal, a national brownfield redeveloper. Read more….
$15M cleanup of biotech parcel in Seattle’s South Lake Union is “shocking”
Puget Sound Business Journal
By Marc Stiles
Workers cleaning up a contaminated block in Seattle’s South Lake Union neighborhood are taking a page out of Ben Franklin’s playbook. Read more….
Frontier starts $15M cleanup on SLU site
Daily Journal of Commerce, Seattle
A $15 million environmental cleanup has started on a 1.4-acre brownfield site in South Lake Union. Read more….
SRM Development nears construction on big mixed-use project in Bellevue
Puget Sound Business Journal
By Marc Stiles
SRM Development, the private company that is developing the expansion of Google’s campus in Kirkland, also has big plans for downtown Bellevue. Read more….
Brownfields in Bloom in Seattle
Business Corridor Emerges as Old Industrial Sites Are Cleaned Up and Developed
Wall Street Journal
By Jim Carlton
Seattle has become a hotbed for cleaning up abandoned—and often contaminated—industrial sites known as brownfields and redeveloping them for office buildings, shopping centers and other uses. Such large-scale cleanups could be replicated elsewhere as local governments seek ways to attract development and speed their communities’ recovery from the recession. Read more…
How to Move Brownfields from Eyesores to Opportunities
Local Governments Can Take Several Steps to Turn Contaminated Lots Into Viable Properties for Redevelopment
American City & County
By Eric Williams
Brownfield properties are burdens on cities and counties even in the best economic times. The polluted parcels are commonly abandoned and considered unusable, so they are overlooked or deliberately avoided for commercial and residential developments. Inventories of distressed properties are growing, often despite their ideal locations — many are in city centers — while construction marches through newer, “clean” areas. Such sprawl compromises the environment, strains public infrastructure and other resources, and weakens communities. Read more…
Brownfields – Not Your Grandfather’s Commercial Real Estate Deal
By Jeff Kroll
Despite some residual turbulence, there are signs of a shift in thinking about commercial development, especially urban infill projects, and it’s one that Developing Leaders can help shape and advance.
In many markets, redevelopment of brownfields is getting more attention than ever. It’s a change borne partly by necessity and, like most shifts, presents opportunity for competitive advantage to property owners, brokers, developers, veterans and newcomers who team up to lead the trend. Read more…