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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May 18, 2018
RACER Trust Pleased with Response to Call for Offers?to Purchase and Develop Buick City Property; Evaluation Ongoing
RACER Trust announced today that it is pleased with the response to its call for offers to purchase and develop RACER’s Buick City property in Flint, Mich., and is in the process of seeking additional information for its evaluation of the offers. The process… -
May 09, 2018
RACER Trust Completes 50th Sale of Former GM Properties in Bedford and Lawrence County, Ind.
RACER Trust today announced it has sold three properties totaling 76.6 acres in Marshall Township, Lawrence County, Indiana, increasing to 50 the number of former General Motors Corp. properties sold in the Bedford area. Thirteen Bedford-area properties remain available for purchase,… -
Apr 26, 2018
RACER Trust to Participate in Great Lakes Economic Forum
RACER Trust today announced that its Deputy Redevelopment Manager, Patricia Spitzley, will participate in the Council of the Great Lakes Region’s fourth Great Lakes Economic Forum, to take place May 3-5 in Montréal, Québec. The Great Lakes Economic… -
Apr 17, 2018
RACER Trust Completes Active Remedial Work at Property in Wyoming, Mich.
RACER Trust today announced it has received approval of a No Further Action Report from the Michigan Department of Environmental Quality for property in Wyoming, Mich., certifying completion of active environmental cleanup activities at the property, the site of a former General Motors Corp. (“old… -
Apr 09, 2018
Ambrose Property Group Completes Sale and Transfer of Former GM Stamping Plant Site from RACER Trust
Ambrose Property Group announced April 9 it has completed its purchase of the former Indianapolis GM stamping plant site from RACER Trust. Ambrose plans to create a thriving new downtown district that will include office, commercial and retail space, residential housing, a hotel, community… -
Apr 03, 2018
RACER Trust Completes Active Remedial Work at Property in Wyoming, Mich.
RACER Trust today announced it has received approval of a No Further Action Report from the Michigan Department of Environmental Quality for property in Wyoming, Mich., certifying completion of active environmental cleanup activities at the property, the site of a former General Motors… -
Mar 29, 2018
RACER Trust Conducting Additional Environmental Investigation in Kokomo, Ind.
RACER Trust announced today that it is conducting additional environmental investigation at its property in Kokomo, Ind., with the goal of designing a remedy that will address subsurface soil and groundwater impacts at the property. The investigation, conducted with the oversight and… -
Mar 20, 2018
RACER Trust Promoting Investment Opportunities at Site Selectors Guild Fall Forum
RACER Trust today announced that two members of its Redevelopment team — Deputy Redevelopment Manager Patricia Spitzley and Transaction Manager Steven Black — are participating this week in the 2018 Site Selectors Guild Fall Forum in Greenville, S.C., where they are… -
Mar 13, 2018
With Interest Increasing, RACER Trust Issues Call for Offers to Sell Its Buick City Property in Flint, Mich.
In response to the strong, steadily increasing interest from multiple parties seeking to invest in the vibrant Flint and Genesee County market, RACER Trust today issued a call for offers to sell its 364-acre Buick City property in Flint, Mich. The invitation was delivered to the firms with… -
Mar 08, 2018
RACER Trust Begins Soil Cleanup Activities at Ewing Township Property, Setting Stage for Development
RACER Trust today announced it has begun soil remediation necessary to enable sale of the former General Motors Delphi Trenton property in Ewing Township, N.J., to Atlantic Realty Development Corp. for development of a new town center.