The Michigan Department of Environmental Quality (DEQ) Wednesday announced a $2 million loan for the city of Hazel Park to address brownfield conditions at a former landfill in the city.
The brownfield funding will pay for environmental response activities and a vapor mitigation system at the former landfill, located on the northeast corner of the Hazel Park Raceway property. The redeveloped site will include a nearly 575,000-square-foot industrial building that can be used for manufacturing, warehousing and distribution.
The developer, Ashley Capital, expects to invest $26 million into the project, revitalizing one of the main corridors in the city of Hazel Park. The project is anticipated to create between 200 and 300 full- and part-time jobs.
The DEQ's Brownfield Redevelopment Program provides funding to local governments for environmental response activities on brownfield properties where redevelopment is proposed. Brownfield properties are vacant or abandoned properties with known or suspected environmental contamination.
Published: Mon, Dec 07, 2015
