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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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.… -
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… -
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. -
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. -
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…