RACER Pontiac remaining property

8/18/2019 RACER Pontiac remaining property

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Revitalizing Auto CommunitiesEnvironmental Response Trust

RACER Properties in Pontiac

Bruce Rasher, Redevelopment Manager

[email protected]


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Pontiac, MI — Overview

© 2014 Google

• See Northern View map for details• See Central View map for details• See Southern View map for details


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Pontiac, MI — Northern View

Pontiac North CampusIndustrial Land

Fiero Assembly

Plant

© 2014 Google


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Pontiac, MI — Central View

Employee

Development Center

© 2014 Google


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Pontiac, MI — Southern View

Pontiac Centerpoint I

Property 3

Pontiac Centerpoint IProperty 1


Property 4

Industrial Land652, 642, &

unassigned addressMeadow Drive


Property 2

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Pontiac North CampusIndustrial Land

Encompassing approximately 41.9 acres about a mile north of Downtown Pontiac, this property includes a large

vacant parcel on N. 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 borderand 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 PCB-

impacted 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.

Property Information:

Address: N. Glenwood Avenue,

Pontiac, MI

Contact for Sale: Bruce Rasher

Acreage: 41.9 acres (approximate)

Description of Property: Several

vacant parcels

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: 11970

Marketing Brochure:

http://bit.ly/1GxQHOy

©2015 Google • A vailable

Available


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Fiero Powerhouse

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 18.75 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 is available to the west of the Powerhouse property, located at the southeast

corner of Baldwin Avenue and E. Kennett.


Address: 900 Baldwin Avenue,

Pontiac, MI 48340


Acreage: 19.08 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: 11160

Marketing Brochure:

http://bit.ly/1p80OfT

Portion Sold

©2015 Google • Sold

• A vailable


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EmployeeDevelopment Center

Located in downtown Pontiac, this vacant approximately 3.7-acre parcel includes a paved parking

lot in an area zoned C-3, Corridor Commercial. The property was built as an auto dealership in the

1950s, and most recently was used as an employee development center. Electric, water, sanitary

and storm sewer infrastructure are in place at the property.

Environmental remediation is ongoing for groundwater and soil cleanups to address historic

environmental concerns at the site.


Address: 25 University Drive,

Pontiac, MI


Acreage: 3.7 acres

Description of Property: Paved

parking lot

Zoning: C-3, Corridor Commercial

Infrastructure: Electric, water,

sanitary and storm sewer

RACER ID: 10010

Marketing Brochure:

http://bit.ly/1nBbRTn

©2011 Google - Imager y ©2011 Cnes /Spo t

Image, Digi talGlobe, GeoE ye,

U.S. Geological Sur ve y, USDA Farm Service A

genc y, Map da ta ©2011 Google

Available


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Located amid the larger Pontiac Central Manufacturing and Assembly Plant campus, this property

is comprised of various parcels totaling approximately 15 acres that are currently leased through a

property management firm. The properties have no known environmental concerns.


Address: South Boulevard East,

South Boulevard West and

Centerpoint Boulevard, Pontiac, MI


Acreage: 15 acres (approximate)

Description of Property: Various

parcels currently leased through

a property management firm

Zoning: M-1, Light Manufacturing;

C-4, Suburban Business

Infrastructure: Sewer, water and

electric

RACER ID: 13110

Marketing Brochure:

http://bit.ly/1gKD8tz

Maps — ©2011 Google - Imagery ©2011 Cnes/Spot

Image, DigitalGlobe, GeoEye, U.S. Geological Survey,

USDA Farm Service Agency, Map data ©2011 Google

Proper t y 1

P r oper t y 2

P r o per t y 4

Proper t y

3

Available


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Industrial Land,Meadow Drive

These three vacant parcels initially were acquired by GM as it built Centerpoint Parkway, a private

road. The parcel with no assigned address and 642 Meadow Drive are both zoned M-1, Light

Manufacturing. 652 Meadow Drive is zoned C-1, Local Business. The southeast corner of 652 and

642 Meadow Drive, which extends into Centerpoint Parkway, was gifted through an easement to the

City of Pontiac in 2002. Gas, electric, water and sewer are available nearby.


Address: 652, 642, & unassigned

address Meadow Drive, Pontiac


Acreage: Approximately 1 Acre

combined

Description of Properties: Vacant

land

Zoning: M-1, Light Manufacturing;C-1, Local Business

Infrastructure: Available sewer,

water and electric

RACER ID: 13120 & 13130

Marketing Brochure:

http://bit.ly/1EcAFnl

Under Contract

©2015 Google

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RACER Pontiac remaining property