140 West (Lot 5)

Environmental Assessment

Reflecting the Town’s commitment to environmental stewardship, environmental assessments of the Parking Lot 5 site were conducted on

The assessment detected no underground gasoline tanks, and only limited sections of petroleum-impacted soil that will require remediation. The estimated cost of the clean-up will be $232,000. The Town will assume the costs for remediation, and the developer will fund the excavation.

“Developing a project in downtown reflects Chapel Hill’s commitment to build on brownfields rather than greenfields in order to preserve our environment,” said Manager Roger L. Stancil. “Brownfields are properties where redevelopment or reuse can be complicated by the presence or potential presence of pollutants or contaminants from past use. Developing on greenfields is to build on undeveloped properties on the urban fringe, often farmland. Chapel Hill intends to keep the greenfields green.”