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Former Superfund site sold

Posted Friday, December 4, 2009, at 6:37 AM

An Oak Ridge concrete contractor has purchased the former Missouri Electric Works property in Cape Girardeau.

According to Tom Kelsey, commercial broker with Lorimont Place Ltd. that handled the deal, Glen Fronabarger of Fronabarger Concreters plans to redevelop the 6.5 acre site at 824 S. Kingshighway to include storage units.

The site has quite a history. Missouri Electric Works operated on the site from 1954 to 1992, where it sold, serviced and reconditioned electric motors, transformers and transformer controls.

In 1990 the Environmental Protection Agency began treating contaminated soil on the property and by 2002 the clean-up was complete at a cost of $25 million, Kelsey said. The EPA and other environmental consultants declared the property safe from any environmental issues earlier this year.

A sales price was not disclosed, though the Lorimont Place Ltd. website lists the price at $576,000.

Comments
Showing comments in chronological order
[Show most recent comments first]

What's up with the vacant bar between Schnuck's and Dairy Queen? Sign says it's leased!

-- Posted by Yankeestation on Fri, Dec 4, 2009, at 5:55 PM

It's my understanding that Pasta House has leased the Jimmi's building

-- Posted by scotteyb on Sun, Dec 6, 2009, at 5:40 PM

So that would mean yet another business (and restaurant) is leaving the mall??? If this is true then the management/owners of the mall need to take a good hard look at this thing and decide if they wanna remodel and update the place to make it worth visiting or just close it up and sell it. The mall is quickly becoming a joke!!!!!

-- Posted by cubbytodd on Mon, Dec 7, 2009, at 9:24 AM

Wonder if the Parakeet Jungle influenced their decision? Hmmmm...

-- Posted by Just__Me on Mon, Dec 7, 2009, at 4:25 PM

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County Seat
Brian Blackwell
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Brian Blackwell covers Jackson and Cape Girardeau County government. A May 2008 graduate of the University of Nebraska, Brian is an avid Cornhusker fan. When he is not covering the Jackson community for the newspaper, Brian enjoys spending time with his wife and church family, cheering on the Cubs and Cornhuskers, wishing for snow and hiking on the numerous area trails. He is excited about his first child, Isabella Grace who was born May 24.
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