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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Latest Racer News
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Aug 17, 2022
RACER Trust Honors Saginaw County, Mich., for Conversion of Former Riverfront Industrial Properties to County Park
Saginaw River Headwaters Rec Area Will Return 334 Acres to Passive Recreation and Open Space OKLAHOMA CITY — RACER Trust today announced that Saginaw County, Mich., is the winner of a 2022 RACER’s Edge Award for creative reuse, in recognition of its ongoing redevelopment of former… -
Aug 17, 2022
RACER Trust Honors Lear Corporation for Successful Reuse of Former Buick City Property in Flint, Mich.
Fortune 500 Automotive Seat Supplier Employs More Than 600 at Facility OKLAHOMA CITY — RACER Trust today announced that Lear Corporation, a global automotive technology leader in Seating and E-Systems, is the winner of a 2022 RACER’s Edge Award for Manufacturing, in recognition of… -
Jun 28, 2022
RACER Trust to Begin Active Remediation of Former GM Delco Property in Kokomo
RACER Trust today announced it will begin preparing the former GM Delco plant property in Kokomo, Ind., for active soil remediation, a project that is expected to conclude in mid-November. Preparation activities, such as the installation of security fencing and mobilization of heavy equipment to the… -
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.