Business & Tech
Brownfield Redevelopment Project Coming To Downtown
The three acre site at Third and Water streets will eventually have a new office building after the site is cleaned up.
ROCHESTER, MI — A $2.3 million brownfield redevelopment plan will help make a long vacant three-acre parcel at Third and Water streets viable again. Remediation of the site, which once housed ITT Automotive, will start this winter and could allow for construction of 40,000-square-foot office building to start sometime in 2018, according to a C & G Newspapers’ report.
“On Nov. 17, the Rochester City Council unanimously approved the city’s first brownfield redevelopment plan, which will allow for the cleanup of the site through a nine-year tax increment financing agreement.”
“This is a great project, but more importantly, we are cleaning up a site that really needs it,” Mayor Cathy Daldin said.
For more, go to C & G Newspapers.
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Rending courtesy of the city of Rochester
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