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City committee backs tax‑abatement designation to support redevelopment of former Studebaker site at 701 W. Chippewa
Summary
Industrial Realty Group representatives asked for an eight‑year industrial tax abatement to support demolition of obsolete engine test cells and upgrades at a 29‑acre former Studebaker site; committee recommended the designation with unanimous support.
Representatives of Industrial Realty Group (IRG) asked council committees to designate the 29‑acre property at 701 West Chippewa as economically revitalized for an eight‑year industrial tax abatement to support redevelopment of roughly 220,000 square feet of the existing facility.
Mark Behmendofer of the city outlined the petition: the site contains about 1.4 million square feet of structures; IRG proposes to redevelop approximately 220,000 square feet…
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