CRE to help Rome with plans to use former Rome Cable Corporation site

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Cold Point Corporation opened a new 50,000 square foot, $ 5.1 million manufacturing facility in Rome earlier this year on the first of two sites at the former Rome Cable Corporation complex. Today, the city and other outside groups are studying how best to use the second site.

Advisors from the Real Estate Advisory Body (CRE) were in Rome this week to help address the redevelopment of the site. CRE is an international non-profit organization of commercial real estate professionals, according to information from Mohawk Valley EDGE.

Officials said about 10 to 15 acres of the overall 40-acre site could likely be developed, as the remaining parts of the site are wetlands.

“It’s more or less ready for the shovel,” said P. Barton Delacy of Cushman & Wakefield in Seattle and a member of CRE. “They wanted to see the options available. “

The Rome Community Brownfield Restoration Corporation (RCBRC), a non-profit organization focused on promoting the redevelopment of the Rome Cable site, holds title to the property.

Delacy said CRE would report to authorities within the next six to eight weeks. He didn’t say what CRE would recommend, but said it could potentially be used for manufacturing, given it’s zoned industrial, or maybe some sort of open space.

Delacy said one thing the site couldn’t be used for – apartments. It’s because of the environment, he says.

Brownfield grant breathes new life into property

For more than 60 years, the Rome Cable Corporation has designed, manufactured and supplied wire and cable products for various markets, according to Mohawk Valley EDGE. The company closed in 2003 and liquidated all of its assets.

DEC announced in an April 2019 public notice that it had listed the site on the Registry of Inactive Hazardous Waste Disposal Sites. It has been listed as a Class 2 site which presents a significant threat to public health and / or the environment as a previous investigation of the site identified debris containing asbestos.

Following:Cold Point facility in Rome continues city revitalization with Brownfield grants

This is an example of the city using brownfield grants to help rehabilitate properties and put them back on the tax roll. Mohawk Valley EDGE has defined brownfields as properties whose expansion, redevelopment or reuse may be complicated by the presence or potential presence of hazardous substances, pollutants or contaminants. The areas are often former industrial properties.

Demolition and site remediation is complete and the site is ready for development, according to Mohawk Valley EDGE. The site has approximately 10 acres of corner frontage with city infrastructure available.

Advisors from the Real Estate Advisory Body (CRE) were in Rome this week to help tackle the redevelopment of the former Rome Cable Corporation site.

What happens next?

CRE was created through a partnership with the Center for Creative Land Recycling and with support from the CRE Foundation and the Environmental Protection Agency, the Consulting Corps will assist Rome Industrial Development Corp, Rome Brownfields Restoration Corporation and Mohawk Valley EDGE.

The objective is to have an impartial eye offering objective possibilities of future use of the site.

Delacy said he had worked with CRE for eight years. He said other projects CRE has been involved in include helping Paradise, Calif. After the devastating wildfires and helping the Navy with its Hampton Roads project.

“We are very grateful to the real estate advisors, the Center for Creative Land Recycling and the EPA for allowing us to learn firsthand from experts how to repurpose one of our oldest brownfield projects in Rome” said Jennifer Waters, vice president of communications for Mohawk Valley EDGE.

“Each advisor brought their unique expertise, point of view and, above all, concrete solutions that we, as a community, can implement. We look forward to their full report and the next steps in getting the Rome Cable Complex 4 property back online to its best use.

Following:Contaminated, then Abandoned: Where Are the Brownfields in Herkimer County and Who Left Them Behind?

Ed Harris is the Oneida County reporter for the Observer-Dispatch. Email Ed Harris at [email protected]


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