Beverly begins talks on redeveloping paint factory

Posted at 6:00 AM, Feb. 15, 2006

Beverly begins talks on redeveloping paint factory

By JASON BODNAR
Burlington County Times

BEVERLY City and county officials are scheduled to meet this afternoon with federal Environmental Protection Agency representatives in New York City in hopes of getting approval to redevelop an abandoned paint-manufacturing plant near the intersection of Cherry Street and Manor Road.

The 6.5-acre site has been vacant for almost 20 years. It is contaminated by paint-making chemicals used by Cosden Chemical Coating Corp., and the EPA has proposed a cleanup plan that city officials said would make redevelopment difficult.

The City Council plans to declare the site a redevelopment area, which would allow the council to use the right of eminent domain to condemn it. Under the plan, the council would then turn the property over to Denver-based developer Arcadis at little or no cost for rehabilitation and redevelopment.

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http://www.phillyburbs.com/pb-dyn/news/112-02152006-613137.html