Photo: Michael PriceMichael Goldstein is working to develop a brownfield site near Palm Beach International Airport.
Trash to treasure: Michael Goldstein touts ‘high returns' in brownfield redevelopment
For decades, a defunct landfill adjacent to Palm Beach International Airport sat vacant, attracting only occasional interest from developers, who would shy away after learning about the property’s history.
The city of West Palm Beach operated a waste incinerator on the site and used it as a dumping ground for incinerator ash from the 1920s through the 1960s. Over the years, the landfill also served as a repository for domestic trash, medical waste and spent military ordnance, leaving the site contaminated with heavy metals and other pollutants.
Where others sensed trouble, Michael Goldstein saw an opportunity. “The location is phenomenal. It’s an infill site two blocks from an I-95 exit and it’s at the gateway to Palm Beach International Airport, which is a tremendous economic engine,” says Goldstein, a Miami environmental lawyer who is spearheading the redevelopment of the landfill.
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