JENNIFER RICH PITTMAN News • Innovation • Stories of a Community

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Digging In the Dirt

Huge cleanup costs from defunct businesses have prevented the development of the River Street Project. An EPA-funded cleanup project could break that impasse–and clean out local business.

By JENNIFER PITTMAN
Posted March 21, 2001
Metro Santa Cruz (Now known as Santa Cruz Weekly)

DOWNTOWN Santa Cruz’s shining commercial front abuts a chain-linked block of dilapidated buildings and trash-strewn lots on North Pacific Avenue and River Street. Flanked by Bulkhead Street, this almost triangular-shaped commercial district is a developer’s dream. But until now, proposed projects for the area (including a movie complex, low-rent apartments, student housing, a courthouse annex and a health-food store) have always hit a wall: it would cost millions of dollars to clean up contaminated soil below the 1.4-acre site. (MORE)

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This entry was posted on March 21, 2001 by in Business, Feature Articles, Real Estate.

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