Town Centres, LLC
Grand Rapids, Michigan
Town Centres, LLC (TC) proposed to redevelop an abandoned landfill and building located in Norton Shores, Michigan. The landfill had been used to dispose of various foundry residuals and fly ash. These materials contain various hazardous substances in excess of the Michigan Department of Natural Resources & Environment (MDNRE) Generic Residential Cleanup Criteria (GRCC). Therefore, the site is a "Facility" as defined by MCL 324.20101(o) and eligible for Michigan brownfield redevelopment incentives. Previous attempts to redevelop the site with retail stores failed in the late 1980s through mid 1990s. The property was vacant for several years prior to Town Centres, LLC's proposed redevelopment.
TC is in the process of converting an abandoned building and associated real estate into a mixed use, live-work development including a town center. The proposed uses include professional offices, at least one restaurant, a bank, strip malls for retail establishments, and residential apartments. The project is a model for Michigan's Cool Cities initiative.
R&W has provided TC a wide variety of services to facilitate the creative re-use of this brownfield site including
- Writing a Brownfield Plan Amendment
- Preparing Notices of Intent and Brownfield Redevelopment Project Applications for submission to the Michigan Economic Development Corporation
- Preparing multiple Michigan Baseline Environmental Assessments (BEAs)
- Completion of an Act 381 Brownfield Work Plan for submittal to the MDNRE and MEDC for approval of school tax capture
- Design of an access drive and modification to Business US-31 to improve access to the site
The project is currently being constructed in phases. The first phase commenced in 2005. The last phase is projected to be complete in 2011. The projected development cost including site improvements, demolition, remodeling the existing building, new construction, and personal property, is over $40 million. R&W assisted TC's effort to successfully obtain over $4 million in Michigan Business Tax (MBT) credits and over $2.7 million of Tax Increment Financing (TIF) assistance.