old gm

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.”

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Economy
3:21 pm
Tue July 31, 2012

Finding ways to revitalize old auto plant sites in Flint, Lansing on the agenda for tomorrow

A cyclist rides on what had been the site of an auto plant in Lansing Township
Steve Carmody/Michigan Radio

Officials from Lansing and Flint are hoping a conference this week will help convince investors to redevelop some former General Motors auto plant sites.

Local leaders will meet with federal and state officials in Lansing Wednesday to discuss how to revitalize former auto plant sites in their cities. The group is going on a bus tour of the sites in Lansing this afternoon.

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