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
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 ForumRACER 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 DevelopmentRACER 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.
Mar 06, 2018
RACER Trust Soliciting Offers for Purchase and Development of Industrial Property in Massena, N.Y.MASSENA, N.Y. — In response to recent market interest, RACER Trust today invited experienced data center development and operating firms to make an offer to purchase and develop for this new use industrial land once used by General Motors for automotive manufacturing.…
Feb 27, 2018
Statement From RACER Trust Regarding Buick City Property in Flint, Mich.Action today by the Michigan Strategic Fund may create for some the impression that the former Buick City property in Flint, Mich., will be redeveloped as Buick City Industrial Park. While that may be one possible outcome, it is important to note that RACER Trust’s Buick City property is…
Feb 22, 2018
RACER Trust Wins National Award for Sale that Enabled Construction of the American Center for MobilitySale Recognized as Information Technology Deal of the Year by The M&A Advisor RACER Trust today announced that its sale of the former Willow Run Powertrain Plant property in Ypsilanti Township, Mich., for redevelopment as the American Center for Mobility has been selected…
Feb 14, 2018
Beneficial Reuse of RACER Trust Properties Featured in Oakland Co. Brownfield Redevelopment Authority Progress ReportSales and subsequent reuse of four former RACER Trust properties in Pontiac, Mich., are among eight projects featured in the Oakland County Brownfield Redevelopment Authority’s 2015-2017 Progress Report, a publication devoted to highlighting successful reuse of former…
Feb 01, 2018
RACER Trust, Commonwealth Development Corporation of America Complete Transaction in Muncie, Ind.Commonwealth to Build 35-Unit Affordable Housing Development MUNCIE, Ind. — RACER Trust today announced it has completed the sale of approximately 5.7 acres in Muncie to Commonwealth Development Corporation of America, which plans to develop 35 units of affordable…