Adaptive Reuse - Funding Case Study - Fehr Graham

Adaptive Reuse

Funding Case Study

2014 Illinois State

Section Spring Conference

April 11, 2014 Rockford, IL

1889 At age 17, W. T. Rawleigh starts his business

Rawleigh Complex Freeport

1926 Construction completed on Rawleigh Complex in downtown Freeport

Rawleigh Complex Freeport

W. T. Rawleigh and the community

Rawleigh Complex Freeport

W. T. Rawleigh and the community

Rawleigh Complex Freeport

Rawleigh Complex Freeport

1987 In a depressed

economy, Rawleigh

Complex is shuttered

Rawleigh Complex Freeport

Rawleigh Complex Freeport

1999 Freestanding mercury incident sparks local, state

and federal action and $120,000 in Illinois EPA assessment grant funding

2000 $1.3 million

USEPA Superfund cleanup of 500 tons

contaminated soil and 210 drums

liquid waste

Rawleigh Complex Freeport

Rawleigh Complex Freeport

2001 $250,000 IL EPA Brownfields Assessment Pilot Grant Phase I & Phase II Environmental Site

Assessments IL Site Remediation Program Community Involvement Environmental Justice

2002 $380,000 HUD Economic Development Initiative Grant

Rawleigh Complex Freeport

2002 Rawleigh Office Building redeveloped $1.2 million

in private investment $500,000 TIF bond

Rawleigh Complex Freeport

Rawleigh Complex Freeport

2002

$120,000 Illinois EPA Municipal Brownfields Grant

for comprehensive investigation activities

2003 Heritage Rail Opportunity Analysis

Rawleigh Complex Freeport

Rawleigh Complex Freeport

2004

$290,000 USEPA Brownfields Assessment Grant completes

assessment at Rawleigh Complex

Rawleigh Complex Freeport

2005 Joined Blackhawk Rail Coalition to support return

of Amtrak service from Dubuque to Chicago

2006 A foray into the master developer concept

Rawleigh Complex Freeport

2007 A more local, team-oriented approach

Rawleigh Complex Freeport

2007 Rawleigh Corridor Master Plan

Rawleigh Complex Freeport

Rawleigh Complex Freeport

2008 ArtSpace Market Study

173 respondents 60 interested in live/work space 93 interested in renting studio space

(includes 53 of those also interested in living space)

Indicated feasibility for 20 live/work spaces and 31 studio-only spaces

Rawleigh Complex Freeport

2009

$237,500 HUD EDI Grant for streetscape improvements within

the Rawleigh Corridor

Rawleigh Complex Freeport

2009

$400,000 in

USEPA Brownfields

Cleanup Grants – Powerhouse

and Lazarus Site

2009 $50,000 USDA Rural Business Opportunity Grant

Rawleigh Complex Freeport

2010

$600,000 USEPA Brownfields Cleanup

Grant – Rawleigh Buildings B, D and E

Rawleigh Complex Freeport

2012

Rawleigh Building D leased to

private developer

Rawleigh Complex Freeport

Rawleigh Complex Freeport

2012

$295,500 HUD Sustainable Communities Challenge Planning & Implementation

Grant

Rawleigh Complex Freeport

2013

No Further Remediation (NFR) Letter Received – bringing 15 years of

assessment and cleanup work to a close

Rawleigh Complex Freeport

2012

$80,000 USDA Farmers Market Promotion Program Grant to build capacity for local foods projects

2013 $500,000 IDOT Capital Grant for Multimodal Station Architecture, Engineering and Environmental

Rawleigh Complex Freeport

2013 Collaboration with UW Madison School of Urban & Regional Planning

Rawleigh Complex Freeport

2014 New Rawleigh

Subdivision Sale &

Purchase Agreement for Building D

Rawleigh Complex Freeport

What’s Next?

Multimodal Station design and construction Seeking developer for Building B and

Powerhouse Continued redevelopment and improvement

to Rawleigh Corridor Brownfields Area-wide Planning grant

Rawleigh Complex Freeport

For more information

200 Prairie Street Suite 208 Rockford, Illinois 61107

(815) 394-4700 Shelly Griswold

sgriswold@fehr-graham.com