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New Brighton Exchange <br />Development Report <br /> <br /> <br />1 <br />Winter 2016 <br /> <br />New Brighton Exchange Wins <br />ReScape Award <br /> City Staff, Development Partners, Consultants <br />(Image: City of New Brighton) <br /> <br />After 25 years of focused effort and hard work by <br />city councils, city staff and consulting staff, New <br />Brighton was recognized for its redevelopment <br />efforts in New Brighton Exchange (NBE). Every <br />year, Minnesota Brownfields holds a ReScape <br />Award ceremony. New Brighton’s redevelopment <br />project was recognized for its profound and <br />positive impact on the community. The one <br />hundred acre site, now home to almost $100 <br />million in market value, was once home to <br />unsightly and unused buildings, two superfund <br />sites, a dump, diesel and gas contamination, and <br />other environmental challenges. The <br />development at NBE has brought good jobs to <br />New Brighton, as well as new housing options and <br />recreational amenities. Overcoming the <br />environmental issues that once served as <br /> <br /> <br /> <br />obstacles to effective redevelopment of the site, <br />now serve as the basis for this award. For more <br />information on NBE’s ReScape Award go to <br />http://mnbrownfields.org/case-studies/new- <br />brighton-exchange/. <br /> <br />Pulte Homes Update <br /> Completed townhomes <br />(Image: City of New Brighton) <br /> <br />The west side of Old Highway 8 NW in the New <br />Brighton Exchange area has been transformed <br />over the last year and a half with new housing <br />being developed by Pulte Homes. To date, 36 <br />townhomes have been completed, which <br />provides an impressive streetscape along Old <br />Highway 8 NW and Central Park Boulevard. <br />Additionally, 62 single family homes are either <br />complete or under construction with 27 more <br />single family homes slated to be constructed over <br />the next two years. Pulte Homes’ Enclave <br />development, once complete, includes 125