Bank of America has provided $9.3 million in construction loans and equity to finance a project to turn a multi-level hazardous site into a residential and retail site that has won Environmental Protection Agency awards. The site is in Atlanta, and it has been through several hazardous uses including an automobile service station (1932 to 1950) and a dry cleaning business (in the 1960s and 70s) and finally a scrap metal yard until it was abandoned in the 1990s. Today, the site is 39 residential units and nine retail stores in the Martin Luther King, Jr. Historic District of the city. It received EPA's Regional Brownfield Award in March of 2004.
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