A Kansas City-based developer is buying nearly 260 acres of former General Motors land in Lansing.
The vacant land is being sold by the Racer Trust, which is disposing of GM properties separated from the automaker during its 2009 bankruptcy.
Chad Meyer is the CEO of NorthPoint Development. He says the company plans to redevelop the land for industrial use, but declined to give specifics or a timetable.
“It’s typically [the] more manufacturing investment intensive [the] project is, the longer it takes to get those details worked through,” says Meyer.