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49 <br /> PROPERTY AGREEMENTS <br /> • Beacon Health Lease for 1st Floor of Leighton Building <br /> • YMCA Lease for 2nd-5th Floor of Leighton Building <br /> • Tree Nursery Agreement in Ignition Park with Parks Board <br /> • Avant Group Lease for Union Station <br /> • 1547 CSR Lease for Union Station <br /> • South Bend Bike Garage Lease for Main/Wayne Parking Garage Retail Space <br /> ENVIRONMENTAL PROJECTS <br /> • Drewrys <br /> In 2024, the City completed Phase 1 and Phase 2 of site demolition and clean up, expending$1.7 <br /> million to continue progressing toward a shovel ready site. The City received an additional $273,159 <br /> in state funds from the Indiana Finance Authority's Petroleum Orphan Site Initiative to remove eight <br /> underground storage tanks and contaminated soil. The City will begin Phase 3 in 2025. <br /> • Real America <br /> The City received a 128(a) Bipartisan Infrastructure Law (BIL) Incentive for over $225,000 to remove <br /> over 400 tons of contaminated soil from the Real America development site during early 2025, <br /> preparing it for a new 150-unit apartment building. <br /> • South Bend Range <br /> In partnership with MACOG,the City continued work on identifying the extent of contamination on <br /> site and at neighboring properties, including Phase I and Phase II environmental assessments as well as <br /> additional testing. <br /> ? =sL;. • # ---,Nor'"'-4 'X°",F, <br /> 7414 <br /> • <br /> Mtirs <br /> The City has demolished and site prepared at the former Drewrys site. <br /> GROWTH&OPPORTUNITY ANNUAL REPORT 2024 <br />