Community Revitalizgtion
 BROWNFIELPS  SUCCESS IN  NEW ENGLAND

 RIVER'S EDCE
 MEDFORD, MASSACHUSETTS
  Property Details
  Property Address:   177 Corporation Way (now River's Edge Drive),
                                            Medford, MA 02155
  Property Size:                                       200 acres
  Former Use:                                        Industrial
  Contaminants Found:   Petroleum/petroleum products, lead, arsenic,
                           poly cyclic aromatic hydrocarbons (PAHs)
  Current Use:   Office buildings, riverfront park, boathouse, and luxury
                                               rental apartments
  Current Owner:                Preotle, Lane & Associates affiliate
  Project Partners
  Mystic Valley Development Commission; Cities of Everett, Maiden and
  Medford; Maiden Redevelopment Authority; Massachusetts Department
  of Environmental Protection; Massachusetts Highway Department;
  Preotle, Lane & Associates; Shadley Associates; Tufts University;
  Criterion Development Partners; Department of Transportation (DOT);
  Department of Housing and Urban Development (HUD); Department of
  Energy (DOE); Army Corps of Engineers; National Science Foundation
  (NSF); Economic Development Administration (EDA)
Drivers for Redevelopment: Plans to develop River's Edge were
first envisioned in 1994 and reflected the cities' goal of centering
development on the then-burgeoning telecommunications industry.
When that industry began to decline, the Mystic Valley Development
Commission (MVDC)—an organization formed to redevelop sites
in parts of Maiden, Medford and Everett, Massachusetts, along the
Maiden River—revised project plans in 2004. The new River's Edge
project shifted focus to bringing jobs and recreational opportunities
to more than 200 acres of underutilized riverfront land in the three
cities. The communities are located five miles from Boston along
the polluted and underutilized Maiden River. The area is heavily
urbanized and  there is no greenspace available for new development.
The three cities have demonstrated unprecedented cooperation
to combine resources and collaboratively pursue redevelopment
solutions to revitalize their industrial and commercial economic base.
Property History: The Maiden River is regarded locally as an
industrial river due to its historic use by factories along its banks to
transport goods and materials and, often, to dump waste. The property
was home to 14 industrial buildings used for manufacturing or
storage. These past industrial uses left a legacy of polluted sediments
in the Maiden River, which is contaminated with oil, organic material,
coal tars and PAHs.
Project Results: In September 2008, the 10-acre Park at River's
Edge opened and includes a mile of paths,  100 yards of granite
seat walls, 44 benches, 40 lights, an irrigation system fed by well
water, 8,000 plants, and 1.5 acres of new or restored wetlands. As
                                    Funding Details
                                    EPA Brownfields Assessment Grants:
                                    EPA Brownflelds Cleanup Grants:
                                    Other EPA funds:
                                    DOT funds:
                                    HUD funds:
                                    DOE Sustainable Development funds:
                                    Army Corps of Engineers funds:
                                    NSF Partnerships for Innovation funds:
                                    EDA funds:
                                    State funds:
                                    Tufts University:
 $1,450,000
  $480,000
  $195,000
 $6,525,000
 $2,119,000
  $100,000
  $175,000
  $600,000
  $766,000
$51,316,876
 $3,000,000
                                                                    Project Highlights
                                      Involved innovative tax-sharing agreement among the three cities and
                                      one-stop permitting that erases municipal boundaries in the project area
                                      Removed over 1,500 tons of abandoned tires, rubber, metal and other
                                      debris; treated and removed acres of invasive species along the water's
                                      edge; and capped the existing soil with 50,000 cubic yards of clean soil
                                      Added more than 8,000 plants including approximately 2,000 plants in
                                      the 1.5 acres of wetlands which were created or restored
                                      Crushed and recycled more than 7,000 cubic yards of concrete onsite to
                                      be used for parking lot and roadway base
                                      Achieved LEED pre-certification at the gold level; the first office
                                      building to achieve this for core and shell in Greater Boston
                                  part of the redevelopment, the 9,000-square-foot Tufts University
                                  Boathouse opened in 2006. The boathouse includes unique features
                                  such as a butterfly roof, glazed walls, bamboo floors, and a L-shaped
                                  deck that emphasizes views of the river. The $200 million Phase
                                  I of the project, when completed, will include three contemporary
                                  office buildings totaling 410,000 square feet and approximately 220
                                  luxury rental housing units, with 15 percent of the units set aside as
                                  affordable housing. Construction of the initial office building began
                                  in January 2008 and has received pre-certification at the Gold level
                                  as a Leadership in Energy and Environmental Design Core and Shell
                                  (LEED®-CS) project from the U.S. Green Building Council. The office
                                  building is expected to be completed in January 2009.
                                    Project Timeline
                                    1994:            TeleCom City project developed
                                    May 2006:       Tufts Boathouse opens
                                    December 2007:  Rivers Edge receives LEED Gold precertification
                                    January 2008:    Construction of the first office building begins
                                    April 2008:       Construction of the first residential units begins
                                    September 2008:  The Park at River's Edge opens
January 2009
Local Contact: Beth Debski, Maiden Redevelopment Authority, 781-324-5720, edebski@maldenredevelopment.com

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