The city of Boston is having trouble finding a developer who is interested in occupying two Boston Marine Industrial Park parcels of land that were once used by the United States Navy as a heavy metal fabrication plant.
The Boston Herald is reporting that the city is looking for a long-term tenant for the 160,000 square foot building that sits on over three aces of waterfront land. The city wishes to find someone who intends to use the existing building and re-purpose it, rather than demolishing it and constructing something else on the site.
While engineers report that the building is structurally sound, the problem is that it is lined with metal panels that have been impregnated with asbestos. This metal skin poses a significant risk of environmental problems related to asbestos exposure and city engineers believe that anyone who occupies the building will be required to replace all of the panels before the building can be used again.
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