The 44-acre property in Perth Amboy will undergo an environmental clean up. It previously had been site of an asbestos roofing shingle manufacturing company.A 44-acre property in Perth Amboy once home to a company that made asbestos roofing shingles will be cleaned up and redeveloped.
Another nine acres, which includes natural areas surrounding Sonnaman’s Creek, will be remediated and used for passive recreation with trails leading to a gazebo that will overlook the Raritan River. “The developer is paying to remediate the land, create a public park, and turn nine acres of valuable land into buildable property as part of our overall downtown redevelopment initiatives.”
About 75% of Viridian’s development projects are located between Burlington and Union counties. It specializes in environmentally distressed properties near the New Jersey Turnpike and other highways. The rest of its projects are in Florida, California and Pennsylvania.