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Thanks for stopping by the Three West Blog. Hopefully we can offer you some expertise regarding Northern Michigan commercial real estate, brokerage, leasing, property management, and business issues in and around the Traverse City region. The main purpose for our blog is to educate and help those looking for a resource as it relates to your commercial real estate and business needs. If you have a specific question, shoot us an e-mail at info@threewest.net and we'll do our best to provide an answer. We'll also post many of the frequently asked questions and answers that we come across on a daily basis. We look forward to hearing from you. Check back often. Brownfield RedevelopmentBrownfield Projects in Grand Traverse CountyPosted by Kevin Endres - Jan 24, 2009The community must come together to support developers and indivduals interested in utilizing the incentives provided by the Brownfield Redevelopment Act. These incentives are available to everyone in the state and the program is a product of the state legislature. Using the incentives not only helps clean up contaminated properties, but also provides the means to help developers get projects off the ground. We have seen many projects in Grand Traverse County utilize these incentives in the last few years, Copper Ridge, Hagerty, the two "Holes" at each end of Front Street and even the Commons project. I don't think the generaL public, and especially the media, realizes the amount of risk and financial skin in the game that developers have in taking on such projects. The media has portrayed the use of Brownfield funds as money hungry developers stealing money from users such as BATA, the elderly, and the Library. This is obviously false and an intentional use of the media to direct public policy. The two questions I have are these: 1) "Do you think that the County's Brownfield Redevelopment Authority is vital in helping redevelop properties within Grand Traverse County" 2) "Do you think the media is intentionally trying to drive policy and create controversy where there isn't any to sell papers". Let us know your thoughts. PermaLink Comments (0)
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