Jul 27, 2016

RACER Trust Sells Property in Anderson, IN, to Tower Anderson, LLC

Property Will be Used to Expand Capacity of Raceway Industrial Park RACER Trust today announced the sale of 14.59 acres in Anderson, IN, to Tower Anderson, LLC, an affiliate of Tower Investments, owner of the adjacent Raceway Industrial Park. The property, a terraced parking area, will…

Jul 22, 2016

NorthPoint Development Bringing More Jobs to KCK

NorthPoint Development, which bought 80 acres of former General Motors property from RACER Trust in 2013, has begun construction of an 842,000-square-foot industrial building on the property, which when complete is expected to employ about 500. The building is the second in Central Industrial…

Jul 18, 2016

Agreement Reached on Willow Run Purchase

Major Milestone in Path to American Center for Mobility LANSING, Mich. – The Michigan Economic Development Corporation and Revitalizing Auto Communities Environmental Response (RACER) Trust today announced a purchase agreement for the acquisition of land at Willow…

Jun 21, 2016

RACER Trust to Seek New Proposals for Purchase, Redevelopment of Prime Property Near Downtown Indianapolis

RACER Trust to Seek New Proposals for Purchase, Redevelopment of Prime Property Near Downtown Indianapolis INDIANAPOLIS — RACER Trust today announced it will, in collaboration with the City of Indianapolis, seek new proposals for the purchase and redevelopment of the former Indianapolis…

May 17, 2016

RACER Trust, George W. Auch Company Reach Agreement On Sale of University Drive Property in Pontiac, Mich.

PONTIAC, Mich. — RACER Trust today announced it has reached an agreement with George W. Auch Company (“AUCH”) for the sale of 3.66 acres off University Drive in downtown Pontiac, property that is expected to become the new corporate headquarters for one of the…

May 10, 2016

RACER Trust Announces Sale of Vacant Land in Pontiac, Mich., to HB Dynamics

PONTIAC, Mich. — RACER Trust today announced the sale of just less than one acre of vacant land in Pontiac to HB Dynamics, Ltd., which plans to build a warehouse and office for its brokerage and distribution business. The property is located on Centerpoint Parkway, just…

May 04, 2016

U.S. EPA Issues Community Update on Massena Cleanup

The U.S. EPA, which is overseeing RACER Trust’s cleanup of the former General Motors Massena Powertrain Plant property, has issued a report to the community on the progress of remediation at the site. The update provides a comprehensive overview of the work completed to date and the next…

Apr 14, 2016

Ohio EPA Issues Covenant Not to Sure for Former RACER Trust Property in Ontario, OH

Ohio EPA has issued a Covenant Not to Sue to RACER Trust for the former GM Mansfield/Ontario Stamping Plant Property in Ontario, OH, certifying the completion of environmental cleanup at the property. “Our environmental team has worked very hard to achieve this milestone,” said…

Feb 23, 2016

EPLET, LLC, to Continue Service as Administrative Trustee of RACER Trust

EPLET, LLC, was appointed to a second five-year term as Administrative Trustee of RACER Trust, the entity that was established to clean up and seek redevelopment of former General Motors Corp. properties in 14 states. “It’s a tremendous honor to be reappointed and to continue the…