There was a time, when anything seemed possible in the real estate market, when there was a belief someone would come along and convert the old Northgate pump house in Riverside into a unique single-family home.
It was a pipedream, proven by six years of futility in marketing the property.
The Riverside village board has finally decided, and we concur, that knocking it down, removing all of the industrial infrastructure, cleaning up the site, and subdividing it is the key to getting the property developed in the future.
Yes, it may cost the village some money short term, but Riverside will be able to recoup that investment by being able to sell the site and bring more properties onto the tax rolls in the future.
