QUICK SERVE RESTAURANT
Woodbury, New Jersey
Project Description:
The client had conducted initial due diligence efforts at a former fuel company site to determine if redevelopment was an option. The site had operated as the Shiver's Fuel Company from 1929 through 1980. Remedial efforts were conducted by the former site owner and NJDEP issued a No Further Action determination in December 1996.
During Whitestone's 1999 due diligence efforts, soil and groundwater contamination was identified at concentrations exceeding NJDEP criteria, therefore, additional remedial actions were necessary during redevelopment efforts. Based on these findings, Sybra negotiated the purchase of the property and entered into a Memorandum of Agreement with NJDEP for the remediation of the property.
Based on proposed site grading and geotechnical considerations, approximately 2,700 tons of petroleum contaminated soil were transported for off-site thermal treatment and beneficial reuse. Subsequent to soil removal and construction of the restaurant and associated improvements, Whitestone installed groundwater monitor wells and conducted several rounds of groundwater monitoring to demonstrate the effectiveness of the remedial action.
The groundwater monitoring activities were conducted subsequent to the restaurant opening, and the No Further Action letter was received from NJDEP in late 2001 (approximately one year after the restaurant began operation).
Although Sybra budgeted for the remedial action prior to closing on the property and the restaurant opened on time and under budget, Whitestone prepared all the necessary documentation, attended meetings with the State of New Jersey, and negotiated a reimbursement of 75% of remediation costs through the Brownfield and Contaminated Site Remediation Act which resulted a reimbursement to Sybra of approximately $114,000.00.
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