After Wagram Terminal bought part of the site of Petroplus, a former refinery in Reichstett, in 2013, the Tribunal de Grande Instance de Strasbourg (High Court of Strasbourg) authorized Brownfields, on October 30, 2014, to purchase the remaining 450 hectares of land for the symbolic sum of one euro, given that Brownfields would also assume all environmental liability for the site.
The land will be redeveloped into the Ecoparc Rhénan business park, which will be reachable by both road and rail.
Brownfields will clean up, develop and resell the land corresponding to the former refinery, with an area of approximately 85 hectares. As site cleanup progresses, local authorities will buy roughly 356 hectares of non-industrialized property, and hence make a vital contribution to the project by ensuring that a reserve of land will be available for further development of the business park. Moreover, the state will help subsidize work to secure the site, and thus help keep the accounts in balance. This public-private partnership is a first for Brownfields, and proves that our company’s model can also apply to large-scale, highly-polluted sites.
Nearly 100 jobs will be created for specialized local businesses, and the cost for asbestos removal, cleanup and demolition work prior to developing the site is estimated at 30 million euros, making Reichstett one of the largest construction projects of its kind in France. The land of the former refinery will be sold by lots of from 0.5 to 10 hectares or more, which can accommodate small and medium-sized businesses as well as large industrial or logistical projects.
The work will begin in 2016 and will continue into 2019. By late 2016, however, the first lots may be available to companies seeking to move into the park.