This property was once known as a Superfund site and it rankednumber five on the Environmental Protection Agency's NationalPriorities List. Years of effort have allowed the developer,National Development, to reclaim the contaminated property andconvert it into a commercially viable development.
Insignia/ESG is in charge of marketing and asking rents are inthe mid-$30 per sf range. When the company first began marketingspace in other buildings in this complex two years ago, rents werein the low $20s per sf.
Plans for the complex include 200,000 sf of retail spaceanchored by a Target Department Store. There are also plans for a150-room hotel, 2,400-vehicle commuter rail station and 1.3 millionsf of office space.
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