Just in Time Access to Rail Solar Powered Remediation

RACER Trust: Empowering America's Auto Communities

Commercial and Industrial Properties That Are Primed for Sale and Development

New Jobs, New Horizons For RACER Communities

By relentlessly executing its dual missions of economic redevelopment and environmental remediation, RACER is contributing to revitalization efforts in its host communities.

Buick City, Flint, MI

AMERICAN Spirit is Building in Flint

AMERICAN Cast Iron Pipe Company Begins Redevelopment of Buick City

Construction is under way on AMERICAN Cast Iron Pipe Company’s 180,000-square-foot facility at the former Buick City site in Flint, a project that is expected to create up to 60 new jobs and provide the infrastructure for a major new waterline in the region.

AMERICAN is the first company to invest in redevelopment at Buick City, previously the site of large-scale vehicle manufacturing.

The City of Flint, led by Mayor Dayne Walling, and the Flint-Genesee Chamber of Commerce have been outstanding partners to RACER in marketing Buick City, which offers major redevelopment opportunities for businesses that are looking to invest and grow.

Construction of the AMERICAN building is expected to be complete in December. The company already has begun hiring and shipping pipe to job sites for the Karegnondi Water Authority Pipeline, which will carry water to the region from Lake Huron.

AMERICAN, founded in 1905 in Birmingham, Ala., has 3,000 employees in the United States. The Flint site is the company’s eighth.

Remediation: Environmental investigation and remediation activities are under way at the site to address a number of environmental issues associated with previous manufacturing practices. Work is being carried out under the oversight of the U.S. EPA. RACER will complete the remediation as directed by EPA and be responsible for any necessary maintenance and monitoring.


Kansas City, KS

NorthPoint Brings Life to Long-Vacant Brownfield

Local Developer is Building 1-Millon-Square-Foot Business Park

NorthPoint Development is revitalizing a long-vacant, 80-acre slice of the Fairfax Industrial District of Kansas City, KS, where it is finishing the first phase of the 1-million-square-foot Central Industrial Park.

When it is finished, it is expected that businesses in the industrial park will employ 2,000 people.

The property, site of a former General Motors auto assembly plant, had been vacant since 1987, when the company demolished 2.2 million square feet of buildings.

The Unified Government of Wyandotte County and Kansas City, KS, was an invaluable redevelopment partner for RACER, providing information and support that helped us clearly communicate to the market the community’s desires and expectations for reuse.

Remediation: RACER is working with the Kansas Department of Health and Environment on an environmental investigation and remediation plan for the site. RACER will complete the remediation as directed by KDHE and be responsible for any necessary maintenance and monitoring.


 

Ewing Township, NJ

A New Core Community for Ewing Township

Lennar to Build Robust Mixed-Use Development on Former GM Site

Lennar New Jersey broke ground in September for Parkway Town Center, a new, modern downtown for Ewing Township and a bold, transformative vision for reuse of the former GM Inland Fisher Guide Plant property.

The development will include 820 housing units and 83,000 square feet of retail space on land that last was used more than two decades ago.

The mixed-use property will be situated around a traditional, neighborhood street network connected to the surrounding neighborhoods. The design concept, which includes open space, will have an emphasis on walkability, creating a destination for residents and visitors to gather in an active, pedestrian-friendly setting.

The 80-acre property featured a 1.1-million-square-foot plant that was in operation for 60 years before GM closed it in 1998. The buildings subsequently were demolished.

Mayor Bert Steinmann and the Ewing Council have been excellent partners to RACER. They engaged with us from the moment we took title to the property, took the time to understand our mission and developed a clear vision for the beneficial reuse of the property, which we used to solicit proposals for redevelopment.

“Certainly today is a day of celebration, not only for Ewing Township, but for the region itself,” Mayor Steinmann said at the groundbreaking ceremony. “This is going to be a life-changing event for us, a new beginning for a new Ewing Township.”

Remediation: RACER is working with a Licensed Site Remediation Professional (LSRP) under the oversight of the New Jersey Department of Environmental Protection (NJDEP) to develop and implement a cleanup plan that is protective of human health and the environment and addresses RACER’s cleanup requirements. RACER will complete the remediation as directed by the LSRP and be responsible for any necessary maintenance and monitoring.


 

Pontiac, MI

M1 Concourse Revs Up Redevelopment in Pontiac

Destination for Car Enthusiasts Will Transform City’s Southern Gateway

M1 Concourse closed on its purchase of an 87-acre brownfield in Pontiac, MI, in August, and is moving toward construction of one of the largest automotive enthusiast destinations in North America.

The complex, to be built in phases, will contain more than 250 private garages, a 1.5-mile performance track, repair and restoration shops, restaurants, an auto-focused shopping village and office space.

The community of private garages will accommodate more than 1,000 classic cars, and the public will have opportunities to enjoy year-round programming, including car shows, concerts, product demonstrations and more.

The City of Pontiac and Oakland County have been tremendous partners to RACER, helping us to present compelling investment opportunities to the market.

Remediation: Much of the environmental remediation work at the site has been completed, though some additional remedial investigation work is planned. Work is being carried out under the oversight of the U.S. EPA. RACER will complete the remediation as directed by EPA and be responsible for any necessary maintenance and monitoring.