Saturday, February 25, 2012

Asarco Ready for Development in 2015, Stacks or No Stacks

Roberto Puga, the trustee appointed to oversee the remediation of the Asarco site, stated this week that those interested in saving the smokestacks at Asarco have nine months left to come up with the plan and $14 Million needed to insure and retrofit the historic icons/blights. Puga delayed the demolition of the stacks for one year in order to accommodate the group seeking to save the stacks.

In an El Paso Inc. story, Puga also said that he would like one master developer to purchase all 350 acres, which span both sides of I-10, and that the site would be ready for sale in 2015, a short three years away. A new change in the plan includes topping the site with five feet of clean soil and not the asphalt surface that was in the original plan.

Puga also reinforced that the City has a large say as to the use and design of the land, regardless of who ultimately purchases it. This includes Smart Code zoning and transportation design that can be overlaid on the property prior to sale. Some Smart Code applications have already been approved. The City, with the help of design firm Dover Kohl, envisions a mixed-use development that could include an impact project, such as an arena or amusement park to anchor the property.

Original El Paso Inc. article:
Asarco Trustee Site:
Plan El Paso Site: