The Historic Highland Water Tower included with the site specified in the Request for Redevelopment Proposals?
No. The Historic Highland Water Tower and the 200’ x 200’ area surrounding it are not part of the redevelopment site. The water tower will remain as property of the Board of Water Commissioners and SPRWS.
Any estimates of what demolition might cost?
A 2010 demolition of the Dale Street Reservoir cost approximately $460,000. The Dale Street Reservoir was larger than the Highland Reservoir, but the Highland Reservoir includes more reinforcement. Demolition costs may prove to be considerably different than those of the Dale Street Reservoir. The preceding figure is provided simply as a historical example of a project with some similarities.
Does the Board have a certain value attached to the property?
No. The Board has not set any financial value on the property. Financial implications of the proposed development will be considered according to the evaluation method described in the Request for Redevelopment Proposals.
Is the reservoir waterproofed?
The reservoir does not appear to be waterproofed on the interior. It is unknown if exterior waterproofing is present. The berms surrounding the structure provide a steep slope that helps the reservoir easily shed rain water.
Describe the structural integrity of the reservoir:
At this point, a structural engineer has not examined the reservoir to give a professional engineering opinion. A simple visual inspection of the reservoir shows some concrete crumbling at the joint between the walls and the roof. Otherwise, the structure appears to be in fairly good condition. Overall, nothing in the structure clearly precludes it from development, but professional engineering opinions may be required for certain types of development.