Land That's a Goldmine

In many states, a trend to recycle abandoned quarries for residential development 'is accelerating.'

1 minute read

October 22, 2003, 5:00 AM PDT

By Connie Chung


"High prices for increasingly rare prime land have driven them to seek 'new' land -- in the depths of old quarries, which can be recycled once mining has stopped. Though living in a quarry might conjure up claustrophobic thoughts of high rock walls, many Chicago-area quarries slope gently to a lake, creating a scenic setting for new housing with hillside views. Several old quarries in the metropolitan area have been mined for new homes....Quarry sites also have been reused in other states....Land values have increased so much that the reclammation of quarries is now economically feasible.' "

Thanks to Connie Chung

Sunday, October 19, 2003 in The Chicago Tribune

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