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RACER

RACER Trust Takes Another Swing at Shopping Stamping Site

insideindianabusiness.com

Jun 21, 2016

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.

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