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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Jan 05, 2016
RACER Trust, Ross Community Center, Inc., Complete Sale of Land in Muncie, IN
MUNCIE, IN — RACER Trust and Ross Community Center, Inc., today announced the completion of a sale that will result in new recreational opportunities for families on the Southside of Muncie. Ross Community Center has purchased approximately six acres of the former GM… -
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… -
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… -
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… -
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 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… -
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… -
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… -
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 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… -
Nov 10, 2016
RACER Trust Completes Sale of Former GM Willow Run Property for Redevelopment as American Center for Mobility
New Use to Bridge Divide from Traditional Automotive Manufacturing to Transportation of the Future YPSILANTI TOWNSHIP, MI — RACER Trust has completed the sale of the former General Motors Willow Run Powertrain Plant property in Ypsilanti Township, Mich., to a partnership that will… -
Nov 22, 2016
RACER Trust, NorthPoint Development Reach Agreement for Sale of Lansing-Area Industrial Land
Mix of Manufacturing, Warehouse and Distribution Operations Planned for Lansing and Delta townships, City of Lansing LANSING, Mich. — RACER Trust today announced it has entered into agreements with NorthPoint Development for the sale and development of nearly 260… -
Dec 01, 2016
RACER Trust Sells Property in Muncie, Ind., to M&M Bus Co., Inc.
MUNCIE, Ind. — RACER Trust has sold approximately 1.2 acres of a 66.5-acre industrial property in Muncie to M&M Bus Co., Inc., a local school bus contractor that has leased the paved lot for bus parking since 1988. The lot is located at the intersection of South Elliott… -
Dec 19, 2016
RACER Trust Sells Interest in Pontiac Centerpoint Business Campus
Centerpoint Associates, LLC, Will Continue Operations of Business Park PONTIAC, Mich. — RACER Trust announced today that it has sold its interest in the Pontiac Centerpoint Business Campus to Centerpoint Associates, LLC, a wholly owned affiliate of Etkin, a… -
Dec 20, 2016
RACER Trust, Commonwealth Development Corporation of America Reach Agreement on Sale of Land in Muncie, Ind.
Commonwealth to Build 35-Unit Affordable Housing Development MUNCIE, Ind. — RACER Trust today announced it has come to terms with Commonwealth Development Corporation of America for the purchase of approximately 5.7 acres that Commonwealth plans to develop into 35 units of…