Renton 2020, LLC
Renton, WA
Project Details
This project is 0.53 acre of land that had a 6,627 square foot vacant commercial building on it. The former Denny’s restaurant has since been demolished. RESIGHT purchased the property from the Archdiocese of Oakland, who acquired the site through a former parishioner.
Background
0.53 acre property used as an automotive garage and gasoline fueling station.
Our Solution
Redevelopment on the now vacant site will allow the remediation plan to take place.
Challenges
No historical documentation for the removal of the former underground storage tanks (USTs). Further investigations conducted confirmed there are remaining impacts present in both soil and groundwater.
Impact
Approximately $75 thousand dollars of private investment has been placed into this blighted property.
Have a complex property or deal?
Whether you’re trying to close a stalled transaction or exploring what an impaired property could become, we’d love to talk it through with you.