[CPEO-BIF] "The Pearl project receives brownfield approval, " Birmingham, Michigan

[Lenny Siegel <lsiegel@cpeo.org>]

The Pearl project receives brownfield approval

by Lisa Brody
Downtown: Birmingham/Bloomfield news magazine (MI)
November 4, 2016

The Pearl, a proposed four-story mixed use building for 856 N. Old Woodward in Birmingham, also known as “the hole in the ground,” received approval for a $2.4 million brownfield reimbursement plan over 10 years by the Birmingham City Commission on Thursday, October 27.

A brownfield reimbursement is a tax credit for the difference in the increase in the taxable value, and is done as a development incentive to encourage the cleanup and redevelopment of vacant, abandoned or underutilized properties which are contaminated.

Birmingham Planner Jana Ecker explained to the commission that the site, “affectionately known as 'the hole in the ground,' has a proposal for a four-story mixed use building with retail on the first floor and residential on floors two, three and four.” The site has been vacant since 1988, when the Carrie Lee Chinese restaurant at the site was demolished.

...

For the entire article, see
http://www.downtownpublications.com/Articles-municipal-birminghambloomfield-c-2016-11-04-224521.112113-The-Pearl-project-receives-brownfield-approval.html#nogo

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Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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