The City of Hopkins purchased two vacant gas stations located at the same intersection. Both sites were blighted and had several environmental components that were prohibiting development activity. Hopkins purchased the sites and began efforts to clean the sites to make them more attractive to potential developers.
Aware of the environmental liabilities associated with the sites, the Hopkins reached out to our remediation team shortly after the acquisitions. Our team began to prepare the sites for redevelopment by investigating and closing two open petroleum leaks caused by the former gas stations. We also documented the decommissioning of the filling station facilities.
After all remediation work was completed, the value of both sites increased significantly. After staying vacant for over a decade, one of the sites has already been sold and the other is being marketed as an attractive parcel for redevelopment.