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Property Details for Former Elkhart Foundry


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Legal Notices

Profile Information

Government
123971
318 South Elkhart Avenue Elkhart, IN 46516
7
41.686697 / -85.967254
2
Polston, Patricia
polston.patricia@epa.gov
312-886-8093


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Property Location



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Property Progress


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CAs Associated with this Property

CA NameCA #StateTypeAnnouncement Year
Indiana Finance AuthorityBF00E48101INBCRLF2008
Indiana Finance Authority2B00E96801INBCRLF2009


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Assessment Activities at this Property

ActivityEPA FundingStart DateCompletion DateCAAccomplishment Counted?Counted When?
Phase I Environmental Assessment09/01/200910/01/2009Indiana Finance Authority
Phase II Environmental Assessment11/23/200912/23/2009Indiana Finance Authority


Is Cleanup Necessary? Yes
EPA Assessment Funding:
Leveraged Funding: $51,926.00
Total Funding: $51,926.00


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Climate Adaption and Mitigation - Planning or Assessment

There is no data for Climate Adaption and Mitigation - Planning or Assessment.


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Contaminants and Media


Asbestos
PAHS
Petroleum Products
Cleaned Up
Cleaned Up
Cleaned Up
Soil
Cleaned Up


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Cleanup Activities

Start DateEPA FundingCompletion DateCAAccomplishment Counted?Cleanup Documentation
08/16/2010$111,100.0010/25/2012Indiana Finance AuthorityNo
08/16/201010/25/2012Indiana Finance AuthorityNo
08/16/201010/25/2012Indiana Finance AuthorityNo
08/16/2010$400,000.0011/30/2010Indiana Finance Authority
08/16/201010/25/2012Indiana Finance AuthorityNo
08/16/201010/25/2012Indiana Finance AuthorityNo


Cleanup/Treatment Implemented: Y
Cleanup/Treatement Categories:
Addl Cleanup/Treatment info: The remediation alternative selected for this Site was covering or removal and off-Site disposal of contaminated soil at a licensed landfill. (In the event that constructing a 1-foot topsoil buffer cap is found to be more cost effective for the proposed industrial land use on the western half of the Site, this option will be selected.) This alternative was recommended because it is both cost effective and the most protective of human health and the environment. This alternative also achieves the City's goal of preparing the Site for mixed industrial and recreational use redevelopment.
Address of Data Source:
Total ACRES Cleaned Up: 7
Number of Cleanup Jobs Leveraged:
EPA Cleanup Funding: $511,100.00
Leveraged Funding: $1,715,013.00
Cost Share Funding: $104,061.00
Total Funding: $2,330,174.00


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Climate Adaption and Mitigation - Demolition or Cleanup

There is no data for Climate Adaption and Mitigation - Demolition or Cleanup.


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Institutional and Engineering Controls

Yes
Proprietary Controls Government Controls Enforcement/Permit Tools Information Devices
No residential, agriculture, maintain cap (SVOCs and metals in soil)
Yes
02/12/2013
Yes
Cover Technologies (e.g., Capping)
Yes
11/30/2010


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Redevelopment and Other Leveraged Accomplishments

Start DateLeveraged FundingCACompletion Date
09/12/2017$4,700,000.00Indiana Finance Authority06/30/2021
09/12/2017$20,600,000.00Indiana Finance Authority06/30/2021
09/12/2017$4,400,000.00Indiana Finance Authority06/30/2021


Number of Redevelopment Jobs Leveraged:
Actual Acreage of Greenspace Created:
Leveraged Funding:


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Climate Adaption and Mitigation - Redevelopment

There is no data for Climate Adaption and Mitigation – Redevelopment


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Additional Property Attributes

The City of Elkhart's February 25, 2010 loan and October 25, 2012 Site Status Letter and Environmental Restrictive Covenant (ERC) from the Program documented closure of environmental conditions on the Site following loan-funded demolition and remediation activities to facilitate reuse of the Site. With the help of a Brownfields Comfort Letter issued by the Program, the property transferred to the developer, Flaherty and Collins.
The City/developer partnership has realized success as the estimated $35 million mixed-use residential project called Stonewater at the Riverwalk is complete. Some finishing touches remain for the approximately 200 market-rate luxury apartments, 5 townhomes and 7,000 square feet of retail space. The apartments, as well as the commercial spaces (one of which is occupied by Farm Bureau Insurance), are under lease and at full capacity. This completed project reportedly could have a $60 million impact on Elkhart from 2017 through 2021 and generate up to $400,000 in property tax revenues annually.


Foundry - Puritan Financial. Iron foundry operations occurred at the Elkhart Foundry site location from 1896 until closing in August 2004. Numerous plant expansions occurred from the 1920s through the 1970s, and much of the structurally supporting soils at the site are foundry sands that were used as fill material. The former owner of the site (Elkhart Foundry and Machine Company) went bankrupt in 2004, and the site has been unused since. The Program issued a Site Status Letter to document closure of environmental conditions on the Site following demolition and remediation activities funded by the City of Elkhart?s February 25, 2010 loan on October 25, 2012, along with an Environmental Restrictive Covenant (ERC). Planned reuse is commercial.

Former Use: Iron foundry operations occurred at the Elkhart Foundry site location from 1896 until closing in August 2004. Numerous plant expansions occurred from the 1920s through the 1970s, and much of the structurally supporting soils at the site are foundry sands that were used as fill material. The former owner of the site (Elkhart Foundry and Machine Company) went bankrupt in 2004, and the site has been unused since.
Industry (7)
Hazardous
ID Number (if Applicable): 4060067 Enrolled: 01/01/2006
10/25/2012


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Release 3.0.2