For the media
RACER Trust presented AUCH Construction with the second RACER’s Edge Award for redevelopment excellence at the 2019 National Brownfields Training Conference. (L-R) Bruce Rasher, RACER Redevelopment Manager; Patricia Spitzley, RACER Deputy Redevelopment Manager and Director of Government Relations; RACER Trustee Elliott P. Laws; AUCH Construction President and CEO Vince DeLeonardis; Pontiac (MI) Mayor Dr. Deirdre Waterman; AUCH Construction project manager Jacob Munchiando; and RACER Transaction Manager Steven Black.
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Media Inquiries: Bill Callen
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Latest Racer News
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Oct 07, 2021
Conversion of Former Industrial Property for Riverfront Park Draws National Spotlight
Saginaw County (Mich.) Parks and Recreation Director Brian Keenan-Lechel and Parks and Recreation Commission member Darwin Baranski co-authored an article for Parks and Recreation Business magazine about the conversion of a former auto manufacturing property along the Saginaw River to a riverfront… -
Sep 10, 2021
Elliott P. Laws of EPLET, LLC, Reappointed Administrative Trustee of RACER Trust
RACER Trust announced that Elliott P. Laws, of EPLET, LLC, was reappointed to a third five-year term as Administrative Trustee by the U.S. Bankruptcy Court for the Southern District of New York, which oversaw the formation of the Trust. -
May 25, 2021
RACER Trust, Ashley Capital Complete Sale of Property in Livonia, Mich.; 200 Jobs Expected
RACER Trust today announced it has completed the sale of 18.8 acres in Livonia, Mich., to Ashley Capital, which intends to build a 370,000-square-foot logistics center that is expected to result in 200 new jobs for the community. -
May 25, 2021
Economic Analysis Reveals Significant Impact of RACER Trust
RACER Trust’s environmental cleanup and the redevelopment by buyers and end users of RACER’s former General Motors Corp. (GM) properties have had a significant, positive impact on the regional economies that were hurt by the GM bankruptcy, according to a peer-reviewed analysis by a leading economic… -
Jan 26, 2021
RACER Trust, City of Muncie Agree to Terms on Purchase of Former GM Property
RACER Trust and the City of Muncie today announced they have reached an agreement for the city to purchase the 53-acre main parcel of RACER’s former General Motors property in the city. The city intends to build a solar field on the property with up to 24.6 million kWh of generating capacity.… -
Oct 13, 2020
Former RACER Property Converted to Riverside Community Park in Saginaw, MI
RACER Trust was pleased to join Saginaw County Parks and Recreation, the Michigan Department of Natural Resources, The Nature Conservancy and other project partners for a celebratory groundbreaking for the new Saginaw River Headwaters Rec Area in Saginaw, MI. -
Aug 19, 2020
RACER Trust, RAV Properties Complete Sale of Salina Industrial Powerpark; Multi-Tenant Use to Continue
RACER Trust today announced it has completed the sale of the Salina Industrial Powerpark in Salina, N.Y., to RAV Properties, which intends to continue its use as a multi-tenant industrial park. -
Aug 04, 2020
U.S. EPA Highlights RACER Trust Redevelopment Successes
The U.S Environmental Protection Agency (EPA) has highlighted the redevelopment of three former RACER Trust properties as part of the series “EPA Redevelopment Success Stories.” -
Jun 16, 2020
Former RACER Trust Property in Missouri to Remain in Active Use After Sale
RACER Trust today announced it has sold a 38-acre former General Motors property in Kansas City, Mo., to Leeds Industrial Park, Inc., which intends to continue its use as a vehicle parking and storage business. -
Apr 13, 2020
RACER Trust, AHJS Investments LLC Complete Sale, Transfer of Commercial Property in Tonawanda, N.Y.
RACER Trust today announced it has completed the sale of a 15-acre property in Tonawanda, N.Y., to AJHS Investments LLC, which intends to use it for truck parking and storage.