The Borough of Apollo and BWX Technologies (Babcock & Wilcox) have come to an agreement on acquiring the company’s former nuclear site, giving the borough an additional 4.6 acres of property. BWX Technologies has kept the property dormant since 1983 when the nuclear plant was shut down. The property has been vacant since then, and Council President from the borough, John Ameno says it was in everyone’s best interest to utilize the land.
The land will be turned into a parking lot. Ameno says the demolition of the plant cost the town millions of dollars in taxes. He says the borough will redevelop this property in an attempt to recover some of that money and create more jobs. He says the use of this property is important because the town is so small and land-locked, therefore it cannot grow at the borders and must grow from within. He also adds that a parking lot is very much needed in the area.
The redevelopment of the former plant site could create an opportunity for redeveloping a neighboring 14-acre riverfront property.