A local company that specializes in redeveloping properties downtown and in the Haymarket has bought the Mid America Recycling plant building and property at 440 J St.
However, Will Scott, who owns WRK LLC along with his brother, Robert, said there are no plans — at least for now — to do anything other than be a landlord for the company.
"Long term it could transition, but nothing immediate (is) planned," Scott said in an email.
According to county real estate documents, WRK paid just more than $2 million for the nearly 23,000-square-foot recycling facility, 20,000-square-foot warehouse and the 3 acres of land they sit on. Mid America leases the site.
The seller was Palmer and Sons Refuse, which acquired the property when it bought what was then called Midland Recycling in 2009.
In 2014, some of Midland Recycling's founders bought back the business, and in 2015 they renamed it Mid America Recycling. The company also has a recycling facility in Des Moines, Iowa, which doubles as its company headquarters.
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Mid America Recycling Marketing Manager Erin Novak said in an email that the company "has no plans to move or exit the market in the next 10 years."
In fact, she said, "I would expect to see upgrades to the existing structure over the next several years."
Scott said that Mid America Recycling plays an important role in Lincoln, "and we look forward to working with them."
The property is in what is called the South Haymarket, an area generally bounded by O, G, Fourth and 10th streets, that city officials want to see redeveloped eventually. WRK has done one redevelopment project in the area — restoring the Color Court, Booth Fishery and Peanut Butter Factory buildings at Ninth and M streets — as well as several other redevelopment projects in the Haymarket and downtown.
However, redevelopment opportunities at the Mid America site could be limited. The city's Comprehensive Plan, which guides land use, designates the area as future open space or parking, labeling it as too contaminated and too close to railroad tracks for other uses.