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RACER Trust: Empowering America's Auto Communities

Commercial and Industrial Properties That Are Primed for Sale and Development

Working with RACER: How Others See Us

“We have worked closely with the City-County Council, private sector and neighborhood leaders, and RACER Trust to position this property to attract the kind of smart, sustainable development that would be a point of pride for years to come. It’s clear that work has paid off.”

— Joe Hogsett,
Mayor, Indianapolis


“Redevelopment of the former GM property has long been a priority for the township, and I am grateful to RACER Trust and the NJDEP for their efforts and to Atlantic Realty for their confidence in our community. A project of this scale and magnitude will be tremendously beneficial to our residents and businesses, creating new housing, jobs and shopping destinations while significantly increasing our tax base with private investment.”

— Bert Steinmann, Mayor, Ewing Township, N.J.


“I appreciate RACER’s consistent and proactive efforts on behalf of our community.”

— Steven D. O’Shaughnessy, Supervisor, Town of Massena, N.Y.


“Our team in the city works very hard to attract the kind of investment and economic development that will broadly benefit our residents and businesses, and I am pleased that Commonwealth Development has chosen to be a part of our community and our growth. I thank Kevin McDonell and his team, as well as RACER Trust, for their collaborative efforts to bring this important development for Southside Muncie to fruition.”

— Dennis Tyler, Mayor, Muncie, Ind.


“This is great news for Spotsylvania County. We’re thrilled to welcome idX Corporation to our community and eager to see the former GM plant spring back to life. I thank Terry Schultz, Scott Stewart, and the whole idX team for their confidence in our community, Governor Terry McAuliffe and the Commonwealth of Virginia for their support, and RACER Trust for working tirelessly to market the property for beneficial reuse and new manufacturing jobs. Patience and persistence were rewarded.”  

— Mark B. Taylor, County Administrator, Spotsylvania County, Va.


“We are excited to welcome Ecorse Commons to our home of opportunity and thank RACER Trust for working collaboratively to make it possible. This development will bring new jobs to a former industrial site and provide a boost to the surrounding area. My team and I are committed to the success of the project and we look forward to helping bring it to fruition.”

— LeRoy D. Burcroff, Mayor, Romulus, Mich.


"We sincerely appreciate the RACER Trust's commitment to work closely with state and local leaders seeking to secure the best possible future for the GM-Shreveport facility. In particular, we value RACER Trust's stated principle of prioritizing job retention and creation in evaluating potential options for the future of the facility, as well as their willingness to explore novel financing approaches that could result in a better long-term business solution for the facility."

— Stephen Moret, Secretary, Louisiana Economic Development