[CPEO-BIF] Former Buick City, Flint, Michigan

[Lenny Siegel <LSiegel@cpeo.org>]

Michigan’s largest brownfield – former Buick City – to be redeveloped for $17 million, $3.25 million coming from Flint’s ARPA funds


By Tom Travis
East Village Magazine (MI)
October 26, 2022


A resolution that will allocate $3.25 million in American Rescue Plan Act (ARPA) funding towards Ashley Capital’s redevelopment of the Buick City brownfield was approved Oct. 24  by the Flint City Council.
The City of Flint administration had submitted a resolution to allocate the funds. At the same meeting, the council voted to accept a $2 million grant from the C.S. Mott Foundation for the Ashley Capital project.

Ashley Capital is under contract to purchase the 350-acre former Buick City site from Revitalizing Auto Communities Environmental Response (RACER) Trust. Ashley officials plan to develop a state-of-the-art industrial park expected to bring about 3,000 jobs to the City of Flint — jobs paying upwards of $17 per hour. Ashley Capital plans to invest about $300 million in the site, pending a period of due diligence that ends in early 2023, according to a press release from the Mayor’s office.

The Buick City site comes with significant environmental challenges, including PFAS contamination, concrete foundations, and underground utilities infrastructure left behind by General Motors.
According to the current purchase agreement, RACER Trust would continue environmental remediation in specific areas of the former Buick City site after the sale is finalized, while Ashley Capital would begin redevelopment on 290 acres that are ready for build. Ashley Capital would redevelop the rest of the site when environmental cleanup is complete.

…

For the entire article, see
https://www.eastvillagemagazine.org/2022/10/26/michigans-largest-brownfield-former-buick-city-to-be-redeveloped-for-17-million-3-25-coming-from-flints-arpa-funds/

—

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel@cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)

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