Automotive Testing Site: Passing Smart-Growth Test with Flying ColorsAn industrial property in Southeast Michigan that was vital in the allied victory in World War II will soon play a transformative role in the transportation of the future. Michigan's two United States senators and the local member of Congress joined Gov. Rick Snyder and other key figures at a ceremonial groundbreaking for the American Center of Mobility in November, two weeks after Willow Run Arsenal of Democracy Landholdings Ltd. Partnership completed its purchase of the property from RACER Trust. The symbolic importance of the Willow Run property, in Ypsilanti Township, is impossible to overstate. It was there that Henry Ford applied his genius for mass production to manufacturing B-24 bombers during World War II, churning out one plane every 55 minutes around the clock in support of the war effort. SaveGeneral Motors took ownership of the property, which included a 5-million square foot building, in the 1950s and produced…Log In to Read Full Article
Writing for Dollars: Winning Grants for Redevelopment
Securing brownfields redevelopment funding through the U.S. EPA involves a competitive process that requires submitting a grant proposal. The proposal must detail the type of grant sought, the work proposed, the additional funding that could be secured to guarantee completion, how the work will be implemented to safe guard effective… Read more
Oregon Land Bank Is Branching Out in 2016
As in many states throughout the country, the redevelopment of contaminated real property in Oregon’s urban, suburban, and rural communities is a problem. In the Portland metropolitan region alone, there are approximately 2,300 brownfield properties, covering approximately 6,300 acres that represent almost 7% of all commercial/business properties within the Metro… Read more
Brownfield Redevelopment: Problem or Profit?
According to the N BAs (N BA), there are approximately 500,000 and probably more than 1,000,000 brownfield sites in the United States alone, representing 2.5 to 5 million acres. They further estimate that environmental hazards are present in 20 to 50 percent of all existing industrial real estate properties, devaluing… Read more