RACER Properties in Pontiac
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1 RACER Properties in Pontiac Bruce Rasher, Redevelopment Manager
2 Pontiac, MI Fiero Assembly Plant Pontiac North Campus Industrial Land Fiero Powerhouse 2017 Google
3 Pontiac North Campus Industrial Land Address: 501 North Glenwood Avenue, Pontiac, MI Acreage: 41.9 acres (approximate) Description of Property: Several vacant parcels Under Contract Encompassing approximately 41.9 acres about a mile north of Downtown Pontiac, this property includes a large vacant parcel on North Glenwood Avenue, and several smaller parcels in the area. Environmental remediation work at this site is being performed through the RCRA Corrective Action program under the oversight of the United States Environmental Protection Agency. Light-non-aqueous phase liquid (LNAPL) has been identified at the site and soil impacted with PCBs is present along the site s southern border and must be appropriately capped. Anticipated future work at the site includes additional characterization of the LNAPL, identifying and evaluating remedial alternatives for the LNAPL, maintenance of the future cap for PCBimpacted soil, and groundwater monitoring. Deed restrictions will likely include prohibiting use of groundwater, protecting the cap for PCB-impacted soil, managing potential vapor intrusion, and limiting movement of soil in some areas. Zoning: M-1, Light Manufacturing; M-2, Heavy Manufacturing; R-1, One Family Dwelling; C-1, Local Business; P-1, Parking Infrastructure: Available sewer, water and electric RACER ID: Google Under Contract
4 Fiero Assembly Plant Portion Sold Address: 888 Baldwin Avenue, Pontiac, MI This property includes two former parking lots and vacant land totaling approximately 12.8 acres with 850 feet of frontage along Baldwin Avenue and 550 feet of frontage on West Kennett Avenue. Gas, water, sewer, and electric utilities are available nearby. Acreage: 12.8 acres Description of Property: The available parcels formerly were used as employee parking for the neighboring Fiero Operational Area s Plant 17. Zoning: P-1, Parking Infrastructure: Sanitary and storm sewers, water, natural gas and power RACER ID: Google Available
5 Fiero Powerhouse Portion Sold Address: 900 Baldwin Avenue, Pontiac, MI The Fiero Powerhouse, part of the former Fisher Body Plant, was purchased by DTE Energy through a ground lease, though the RACER Trust retains ownership of the acres of land at the site. The property is located in Pontiac along E. Kennett Road, near the larger GM Pontiac North Campus and is zoned M-2, Heavy Manufacturing. An additional approximately.33 acres of C-3, Corridor Commercial-zoned land to the west of the Powerhouse property, located at the southeast corner of Baldwin Avenue and E. Kennett, has been sold. Acreage: acres Description of Property: Land only, powerhouse on site owned by DTE Energy, small group of parcels on Baldwin and Kennett Zoning: M-2, Heavy Manufacturing; C-3, Corridor Commercial Infrastructure: Sanitary and storm sewers, water and power RACER ID: Google Sold Available
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