• Rockford, Ill.: Modernizing a Century–Old Community Landmark

  • RE3 Focus: Pennoni On Leading Edge of Sub-Slab Depressurization

  • Using GIS To Decipher Large-Scale Remediation Projects

  • Right Place, Right Time

 

Fiber Plant Redevelopment Plan Stalls

The future of the old Hoescht Celanese fiber plant in Greenville, S.C., isn’t looking so bright now that plans to purchase the 75-acre site have fallen through. The plant had been the proposed site of Woodruff Point, a $600 million mixed-use development that was slated as the new urban core of the town. McChesney Investment Advisors, an Atlanta-based developer, was under contract to buy the million-square-foot factory last fall but could not reach an agreement with the owners, according to Scott S. Drake, McChesney’s director of communications. Still, the firm remains hopeful that an agreement will be reached. “It’s still on the table,” says Drake. “We’ve studied the land, we know it backwards and forwards. We’re just regrouping and repitching.”  It’s been a labor of love for McChesney, which worked to get the project off the ground for two years. After collaborating with city and state officials to address zoning…Log In to Read Full Article

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