Re: [CPEO-BIF] Wyoming, Michigan GM site.pdf

[Peter Strauss <petestrauss1@comcast.net>]

Although I am not familiar with this site, I think that this may be a  
good start in crafting a policy to help fund brownfield sites while  
promoting jobs.  The comments to this article were  pessimistic that  
another industrial/manufacturing facility would come in and be able to  
pay a "living wage" to workers.  That may be true in northern  
Michigan, but I think its worth exploring in other parts of the country.

Has anyone seen similar types of public/private partnerships that are  
specifically aimed at creating well-paying jobs?

Peter Strauss
On Mar 22, 2011, at 6:30 AM, Lenny Siegel wrote:

> Wyoming uses tax deal to tie former GM stamping plant to 'living  
> wage' jobs
>
>
> By Matt Vande Bunte
> Grand Rapids Press (MI)
> March 22, 2011,
>
> WYOMING - A deal approved Monday would use future tax proceeds to  
> reimburse redevelopers of the former General Motors plant on 36th  
> Street SW, so long as the 90-acre site gets revived by manufacturers  
> that provide “living wage” jobs.
>
> “That’s the chance we’re taking,” said Jason Horton, a partner with  
> Bloomfield Hills-based Lormax Stern Development Co. “If we don’t  
> produce, we’re out.
>
> “This is a national and international search.”
>
> Wyoming and Lormax Stern in January announced plans of a public- 
> private effort to redevelop the site that for 75 years housed a  
> major industrial employer.
>
> ...
>
> For the entire article, see
> http://www.mlive.com/business/west-michigan/index.ssf/2011/03/wyoming_uses_tax_deal_to_tie_f.html
>
> --
>
> Lenny Siegel
> Executive Director, Center for Public Environmental Oversight
> a project of the Pacific Studies Center
> 278-A Hope Street, Mountain View, CA 94041
> Voice: 650-961-8918 or 650-969-1545
> Fax: 650-961-8918
> <lsiegel@cpeo.org>
> http://www.cpeo.org
>
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