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Committee recommends terminating two stalled brownfield plans including Global Cold Storage and River Bend 3
Summary
Staff told the committee that the Global Cold Storage and River Bend 3 brownfield plans are being terminated because the developers never completed projects and prior tax-credit programs have expired; the committee voted to send both items to formal with a recommendation to approve termination and administrative cleanup.
Detroit Economic Growth Corporation brownfield staff recommended termination of two long-dormant brownfield plans, telling the committee the developers never completed the proposed projects and no tax incentives were distributed.
Brian Boskwerg, senior director of brownfield redevelopment for DEG and the Detroit Brownfield Redevelopment Authority, said the Global Cold Storage plan never…
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