Cleanup work has begun on the old dry cleaners site at the southeast corner of South 14th Street and Pacific Avenue. This follows the City of Tacoma's acquisition of the site and City Council approval of an environmental remediation and indemnity agreement with an adjacent property owner, the Haub Brothers Enterprises Trust.
On Jan. 27, 2009, City Council members authorized an agreed order with the Washington State Department of Ecology for cleanup and groundwater monitoring of the property, formerly the site of Sauro's dry cleaning operation. The City's agreement and acquisition of the property will allow Haub to proceed with acquiring the U.S. Post Office site, located directly northeast of the former Sauro site, because it removes a development barrier related to groundwater contamination. Haub's acquisition will create a larger, developable parcel, when combined with its property between South 13th and South 14th streets and between Court A Street and Pacific Avenue, which will accommodate a potential new headquarters for Russell Investments.
The agreements approved by the City Council do not make the City liable for Haub's obligations, but rather they establish a roadmap for cooperation and coordination on future development on the site.
The property is within the International Financial Services Area in the downtown core.
Monday, February 02, 2009
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