Explanation
BACKGROUND: The purpose of this resolution is to support Columbus-Franklin County Finance Authority, in partnership with The Pizzuti Companies, in conjunction with an Ohio Department of Development Brownfield Remediation round 3 grant application of up to $2,032,500 for site cleanup on properties adjacent to Astor Park along the Scioto River in Columbus, Franklin County, Ohio.
The 4.613 acre property consists of three large parcels, 010-303975, 010-303976 and 010-303974. The Pizzuti Companies is proposing to redevelop the site with a five-story wood framed structure with 247 residential apartment homes, a five-story concrete parking garage with 687 parking spaces, and a five-story steel structure housing a 120,000 square-foot office building with 12,000 square feet of ground-floor commercial space and 15,000 square feet of public plaza. Astor Park will provide functional greenspace and recreation areas plus a kayak boathouse and launch.
The subsurface soils and groundwater are impacted by heavy metals, semi-volatile organic compounds, and total petroleum hydrocarbons. The Developer is proposing to remediate the soils and groundwater by the following activities-
1. Establishing an Urban Setting Designation for the property to serve as the groundwater remediation requirement;
2. Establishing the top two feet of the development as a ‘cap’. The cap would be comprised of soil, building slabs, parking lot surface, or concrete pavement structure;
3. Utilizing a full time Soils Management/Oversight strategy, including a Soils Management Plan and Risk Management Plan to either dispose the soils generated during construction off-site or reusing them on-site as applicable;
4. Obtaining a BUSTR NFA for two former underground storage tank areas on-site;
5. Conducting a risk assessment to document acceptable risk for future use of site.
The Pizzuti Companies is ready to move forward with the remediation ...
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