brownfield

Environment & Science
3:56 pm
Thu August 22, 2013

Michigan getting more federal money to cleanup brownfield sites

Work continues to cleanup Flint's Chevy in the Hole
Steve Carmody/Michigan Radio

Michigan is getting about $1.5 million from the federal government to help with the continued cleanup of polluted former industrial sites.

The grant money will fund brownfield assessments, job training and cleanup of sites in Genesee County and southeast Michigan. 

“By redeveloping these sites, cleaning them up and redeveloping them…we’re essentially contributing economic activity to these communities,” Susan Hedman, the region 5 EPA administrator, said at a news conference in Flint, “Creating jobs….and transforming communities.”

Read more
Economy
11:26 pm
Tue June 25, 2013

Courting buyers for GM's old properties in Flint, Genesee County

Buyers could be circling around Buick City and other former GM properties in Michigan
Steve Carmody/Michigan Radio

The man leading the effort to clean up and dispose of General Motors’ vacant properties says more potential buyers are showing interest.

Elliot Laws is the Administrative Trustee of the RACER Trust.   RACER stands for “Revitalizing Auto Communities Environmental Response.”  The trust was created during GM’s bankruptcy.

Laws says interest in the old GM plant sites is rising along with the economy.

“There’s a lot of cash out there for people to invest,” says Laws, “They’ve been holding onto trying to see what’s going to happen.”

Read more
Auto/Economy
1:30 pm
Tue November 15, 2011

4 projects awarded state tax incentives

Two of the projects, Meijer in Detroit and Grand Rapids Urban Market, will bring more fresh produce into Michigan's two largest cities.
Steve Carmody Michigan Radio

The Michigan Economic Development Corporation approved tax breaks Tuesday in exchange for new investment and jobs.

MEDC spokesman Joseph Serwach says one of the four projects receiving tax breaks includes a much-needed grocery store in the City of Detroit.

Read more
Environment
3:22 pm
Mon June 6, 2011

EPA giving money to help Michigan communities clean up brownfield sites

EPA Administrator Lisa Jackson announcing brownfield cleanup grants during a news conference in Lansing, Michigan. To the right of the speaker, Lansing Mayor Virg Bernero looks on.
(photo by Steve Carmody/Michigan Radio)

Seven Michigan communities are getting help from the federal government to clean up contaminated industrial sites.   Environmental Protection Agency Administrator Lisa Jackson says her agency is awarding brownfield cleanup grants to Lansing, Albion, Inkster, Northville and three other Michigan communities.   

The grants total $2.9 million.  

Read more
Mackinac 2011
2:58 pm
Mon June 6, 2011

Reinvention vs. Redevelopment: A panel discussion at the Mackinac Policy Conference

The Grand Hotel on Mackinac Island is the site of the annual Mackinac Policy Conference.
Lester Graham Michigan Radio

Michigan Radio's Lester Graham moderated a panel discussion looking into the current state of brownfield redevelopment in Michigan at the Mackinac Policy Conference last week.

He spoke with Michael Finney, the President and CEO of the Michigan Economic Development Corporation, and James Clift, the Policy Director for the Michigan Environmental Council.

They talked about Governor Snyder's plan to replace the current system of brownfield tax credits with up-front grant money for redevelopment.

You can watch the discussion below.

Environmental Panel: Reinvention vs. Redevelopment

Politics
5:33 pm
Fri May 20, 2011

Budget deal reduces dollars for redevelopment

The new budget deal struck this week between Governor Rick Snyder and Republican legislative leaders cuts the amount of money for redeveloping abandoned factories and preserving historic buildings.

The governor says the state won’t need to rely so much on targeted incentives in the future.

The new budget will zero out brownfield and historic preservation tax credits, and replace them with a new fund to offer economic development grants.

$50 million will be set aside for brownfields and historic preservation.

That’s $15 to $20 million dollars less than the state targets now.

But Governor Snyder says the state can do a better job of choosing projects "and hopefully make those dollars go farther than they are today."

Mark Morante, with the Michigan Economic Development Corporation, says the state will target only projects most likely to be completed.

In the past, many tax credits that were awarded went unclaimed. He also says the state won’t need to rely on incentives as much because tax changes will bring down the cost of doing business.

"With this six percent corporate income tax and roughly an 80 percent cut in corporate taxes in general, our job will be a little easier on that side of the table, so we will probably need less incentives," said Morante. 

Those tax reforms have been criticized as a tax shift onto individuals. But the governor and his Republican allies in the Legislature say that will be worth it if it creates new jobs.

Auto/Economy
12:53 pm
Wed May 18, 2011

State incentives lead to GM's investment in Warren Tech Center

State tax breaks worth $10 million are leading to an investment in GM's Warren Tech Center.

Warren Mayor Jim Fouts indicated an announcement like this would be coming last month.

From the Detroit News:

General Motors Co. won $10 million in tax incentives from the state today to build a new information technology facility at its Warren Tech Center.

The $130 million project — expected to create about 25 permanent jobs — will add on to the Cadillac Building on the campus and occupy about 30-acres of land located along Van Dyke Avenue. The new jobs will pay an average of $44 an hour, according to the Michigan Economic Development Corporation.

The brownfield tax credits valued at $10 million were approved this morning by the Michigan Economic Growth Authority board.

The state brownfield tax credits involved in this deal won't be around for long. In Governor Snyder tax overhaul plan, approved by state legislators, the tax credits will be replaced with a system that will grant redevelopment money up front.

Politics
5:53 pm
Mon May 9, 2011

Snyder wants to scrap tax breaks for cleaning up old industrial sites

Motor City Industrial Park. Governor Rick Snyder wants to get rid of a tax credit that helps defray the costs of cleaning up old industrial sites. He wants to replace the credit with up-front grants.
Alaina Buzas Flickr

A state Senate committee opens hearings tomorrow on Governor Rick Snyder’s tax reform proposals.

Altogether, two dozen tax breaks could disappear if the governor’s plan is adopted.

Ending the tax exemption for pensions has gotten a lot of attention, but the plan would also largely eliminate the use of tax breaks that encourage the re-use of old factories and historic buildings.

Read more
Auto/Economy
12:48 pm
Tue December 14, 2010

The state of Michigan to help brownfield redevelopment

Inside the Packard Plant in Detroit.
Angelique DuLong

The state of Michigan will soon increase assistance to redevelop old industrial sites. 

The Associated Press reports:

Redevelopment projects in Detroit, Flint, Grand Rapids, Hamtramck and Lansing are getting a boost with statetax incentives. 

Gov. Jennifer Granholm said Tuesday the projects are in line for brownfield redevelopment assistance from the state. Granholm, who leaves office at the end of this year, made the announcement at her last scheduled meeting with the Michigan Economic Growth Authority board.

Read more