RACER Trust Redevelopment Team Participating in Michigan Economic Developers Association Annual Meeting
RACER Trust today announced that its Deputy Redevelopment Manager, Patricia Spitzley, and Transaction Manager Steven Black are participating in this week’s 2019 Annual Meeting of the Michigan Economic Developers Association in Marquette.
The annual meeting is the MEDA’s biggest education and networking event of the year. The three-day conference, which concludes on Friday, includes sessions covering important economic development topics and issues, as well as site tours and opportunities to strengthen relationships with community and statewide economic development leaders.
“Economic development professionals and organizations often are the first stop a business makes when evaluating locations for investment, and we want to be sure our economic development colleagues remain fully informed about the opportunities available in RACER Trust communities throughout Michigan,” said Elliott P. Laws, of EPLET, LLC, administrative trustee of RACER Trust. “RACER has had tremendous success in Michigan, where our properties have been purchased and redeveloped for a variety of beneficial, job-creating uses, including the American Center for Mobility in Ypsilanti Township, new manufacturing operations in Flint, and several successful projects in Pontiac, all of which were brought to fruition with the assistance of local and state economic development partners.”
RACER has properties available for purchase and redevelopment in Bay City, Flint, Lansing and Saginaw.
“Participation in events like the MEDA Annual Meeting helps keep RACER attuned to trends and opportunities that ultimately help us capture our share of business investment and boost our host communities,” Ms. Spitzley said.
“Organizations like the MEDA are an invaluable source of information for the market, for communities and for sellers who, like RACER, are interested in maximizing a property’s beneficial use potential,” said Mr. Black, who was Deputy City Manager of Community Development for Bay City and Vice President of Saginaw Future, Inc., a regional economic development agency, before joining RACER.
The MEDA, founded in 1960, exists to advance economic development throughout Michigan, and increase the individual member’s effectiveness in the economic development profession. The association’s goal is to provide a variety of services and programs that will enhance ability and skills in economic development.