|
Midwestern Market Report
Midwest Briefs
Deal Corner: Michigan
Projects Started, Completed
Wisconsin
Consortium Launches Brownfield Research Web Site
HUD Grants Fund Illinois Supermarket
NBA Midwest Events
Deal Corner: Michigan Projects Started, Completed
Pleasant Ridge Townhomes
St. Louis Auto Wash and Service Shops
Mr. Dan Hubler recently purchased .44 acres in St. Louis, Mich. for $180,000.
Demolition of a former gas station and auto repair shop has made way for new
construction of a seven-bay building for Discount Muffler & Brake. This
new business, opening spring 2005, will also offer wheel alignments and supplies
and sell its own parts. Mr. Hubler, owner of several similar shops in the mid-Michigan
area, promotes his specialty as a “fast in and out” shop.
Also in St. Louis, Mich., Mr. Paul Dixon of Dixon Investments opened a new 1.5-acre
facility. This project included the demolition of a former gasoline station
in order to construct a new auto wash with two automatic bays and four self-serve
bays. This $650,000 investment boasts of its architectural stone and pitched
roof as well as its cutting-edge technology. The unique aspect of this car wash
is its swipe card system that enables a customer to purchase ten washes and
get one free.
Ferndale Single Family Homes
The City of Ferndale, Mich. approved the brownfield plan submitted by Homestead
Construction involving the redevelopment of the abandoned Clark School building,
which was originally constructed in 1926. Homestead will buy the building and
three acres of property from the school district for approximately $1.3 million.
After the fuel tank is removed and the building is demolished, 30 new single
family homes will be constructed on this site consistent with the walkable,
urban nature of the existing neighborhood.
Today, Michigan, Tomorrow the World!
Have you recently bought or sold a property? Had a development plan approved?
Signed contracts with important players on your project? Let us spread the word!
Submit it to Deal Corner. Send news of your deals to Rachel
Sobel.
Brownfield Research Web Site
The Wisconsin Department of Natural Resources and the University of Wisconsin-Milwaukee’s
Brownfields Research Consortium teamed up to create a Web site focusing on brownfield
research.
Research is divided into key categories and alphabetized, and Internet links
are provided for many of the citations.
Chris De Sousa, a UWM assistant professor in the Department of Geography, helped
coordinate the project and is the Consortium’s co-director.
The UW-Milwaukee Brownfields Research Consortium is a new partnership among
UWM faculty, government agencies, businesses and non-profit organizations involved
in the cleanup and redevelopment of brownfields.
Click
here to access the brownfields research bibliography.
HUD Grants Fund Illinois Supermarket
The South Main Street Redevelopment Project in Rockford, Ill. included the cleanup
of a former gas station site and the construction of a 60,000 square-foot supermarket
on the site, providing the only supermarket for this low- and moderate-income
neighborhood, which lost its only market in the 1980s.
The $7.2 million project was financed by five different funding sources including
a $300,000 Brown-fields Economic Development Initiative (BEDI) grant and a $900,000
Section 108 Guaranteed Loan.
NBA Midwest Events
Ohio Chapter Meeting
Cleveland, Ohio
June 21 or 22, 2005
More information will be available on the NBA
Web site as this event is planned. Contact
us if you are interested in being an exhibitor or sponsor or would like
to attend!