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RACER Trust

City’s vision would relink GM property to downtown

January 16th, 2017, Posted in: Media Coverage, Former GM Stamping Plant

January 14, 2017

ibj.com

As part of all development proposals for the property, city officials want a riverfront park that connects neighborhoods and builds on the popularity of White River State Park. (Rendering courtesy of city of Indianapolis) Read more…

Tags: Brownfield Redevelopment, City of Indianapolis, Industrial Redevelopment, RACER Trust, White River, White River State Park

RACER Trust Takes Another Swing at Shopping Stamping Site

June 21st, 2016, Posted in: Media Coverage, RACER Trust

insideindianabusiness.com

Jun 21, 2016

By Dan McGowan

You can view more about the property by clicking here.

INDIANAPOLIS –The former General Motors Indianapolis Stamping Plant property is once again open for redevelopment proposals. RACER Trust, which is charged with clean-up and marketing efforts for dozens of old GM properties, says a plan from Carmel-based REI Investments that included a 10,000-seat outdoor entertainment venue has been nixed. The trust says the decision to terminate the contract was mutual and it is “prepared to move quickly” on new proposals.

Sirmax to Break Ground on Anderson Facility

August 5th, 2015, Posted in: Media Coverage, RACER Trust, Urban Land Institute

InsideINdianaBusiness.com Report

6/8/2015

State and local officials will join executives from Sirmax North America, Inc. Wednesday in Anderson to break ground on a new production facility. The unit of Italy-based Sirmax, Inc. announced plans in January plans to invest more than $25 million to build its first North American production operation in the Madison County city. The 141,000 square foot facility is expected to be operation this fall and create 50 jobs with salaries averaging $40,000 annually. Read more…

Tags: brownfields, RACER Trust, redevelopment, ULI, Urban Land Institute

Developer wants to purchase Guide property

December 4th, 2014, Posted in: Media Coverage, RACER Trust

Posted: Wednesday, December 3, 2014 8:56 pm | Updated: 6:58 am, Thu Dec 4, 2014.

By Ken de la Bastide | The Herald Bulletin

ANDERSON – A developer has expressed an interest in purchasing two parcels of the former Guide Corp. property for two new manufacturing operations. Read more…

Tags: brownfields, RACER Trust, redevelopment