I don't think its a us vs. them issue with the Park View. People are just frustrated with the condition of the structure and lack of progress. From a development standpoint, there's nothing you, me or anyone else posting can do to keep big developers from doing their homework. I can't speak for the others but I vividly remember environmental issues being one of the reasons that project did not move forward.
Exactly. Although from what I remember, the homework so far has been to ask community members rather than testing.
Any developer that would take a common resident's word over actually doing their own due diligence is not a serious developer, imo. Personally, I'd have issues pouring a ton of money in the site, regardless of where the most contamination is. Seriously, take a look at it and its surroundings.
1. Sanborn Maps and old city directories indicate the site was home to a coal gasification plant. That's not up for debate. The record of this can be easily proven with a quick trip to the top of the public library.
2. The building directly to the south was originally a car dealership with an auto repair shop in the back, dating back to the 1920s.
3. The building directly to the east was a paint company (or something of the sort) at one time.
4. Hogans Creek - it has its own set of issues that extend far beyond the corner of Main & Orange.
All in all, these are serious red flags for anyone who's going to invest money in that area. As an investor, I would care less of what the owner's opinion is of the site. I would want to see the documents and at the very least hire my own environmental engineer to conduct a Phase I report, before dropping a dime into the site.
To me, the issue is not whether the old hotel site is the source of contamination. The owner's word is no more credible than anyone here without presenting documents backing up his claim. Nevertheless, everyone agrees that the ground under Orange Street has serious problems. Therefore, there should be no argument back and forth about who's right, who's wrong and who should listen to who. Everyone should have their heads huddled trying to find a way to clean up the entire area, because no one is going to seriously invest in any of those buildings until that's done.