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AKT Peerless provided environmental consulting services to a business partnership consisting of a real estate investment firm and a regional convenience store chain to facilitate the acquisition and redevelopment of a 50-year-old truck stop property into a new filling station and convenience store.
AKT Peerless was originally contracted to provide environmental due diligence services prior to the acquisition of the subject property. During the Phase I Environmental Site Assessment (ESA), the subject property existed as an operating truck stop, which contained several pump islands and five in-place underground storage tanks (USTs). The property was originally developed as a truck stop in the late 1960s and had utilized multiple USTs during its operations. Four separate Leaking UST (LUST) incidents were previously reported at the subject property. All of the LUST incidents were previously addressed and received risk-based regulatory closure from the Illinois Environmental Protection Agency’s (EPA) LUST Program, which allowed certain subsurface contaminants to remain in place with the implementation of institutional controls designed to prevent future human exposure.
Based on the findings of the Phase I ESA, AKT Peerless recommended an investigation be performed to determine current subsurface environmental conditions. Multiple soil and groundwater samples were collected from the subject property and submitted to an environmental laboratory for analysis. The laboratory results indicated contaminants were present at concentrations exceeding those permitted to remain in place by the Illinois EPA, which potentially indicated evidence of a new release from the in-place UST systems.
Following the acquisition of the subject property, AKT Peerless contacted the Illinois Emergency Management Agency (IEMA) to report a new petroleum release from the existing UST systems and later coordinated and oversaw their removal, during which time evidence of a new release was confirmed.
The incident was addressed under the Illinois EPA’s LUST Program, during which time, AKT Peerless:
AKT Peerless later prepared a hazardous building material survey prior to demolition of the existing subject buildings; developed a construction soil management plan; and provided soil management oversight and coordination during redevelopment.
AKT Peerless’ wide-range of environmental and construction-related services allows our clients to make informed and economical business decisions during the acquisition and development phases of environmentally impacted properties.