Turn-Key Office Building at 1224 Greenwood Avenue
OFFICE BUILDING Turn key. Offers 8 total offices: 6 on main level, 2 up-stairs, storage in basement and attic. Nicely decorated. Could use one office
more information >>Start Brown. Save Green.
Redeveloping brownfields will save money and precious greenfields
The push to ‘Go Green’ is not just about energy conservation. Public opposition to greenfield development has led to increased restrictions, forcing businesses and venture capitalists to seek other options. Recent changes in environmental regulation have made brownfield redevelopment a very attractive alternative for developers and entrepreneurs, not to mention the Jackson community has nationally recognized success in Brownfield developments.
Brownfield site redevelopment can provide companies an opportunity to build a tax base, rejuvenate decaying infrastructure, establish a good rapport with the community and revitalize depressed urban areas. There are also many monetary benefits to reutilizing brownfields:
- Tax incentives available on residential, commercial and industrial new uses
- Up to 10 percent of the reinvestment value is available to developers as a Michigan Business Tax credit
- Limited environmental liability for clean up actions on future owners
- Public sector assessment and clean up cost coverage
- Infrastructure (utilities, water, etc.) already in place at many brownfields
- Self-satisfaction from saving green space and revitalizing property
Brownfield redevelopment projects are prevalent all across the country. There are many here in Michigan.
New EPA Assessment Grants
The U.S. Environmental Protection Agency (EPA) recently awarded the Jackson County BRA $400,000 in environmental assessment grants; $200,000 for Hazardous Substance and $200,000 for Petroleum Assessments. Assessment funds can be provided to an eligible company/developer to perform environmental assessments/due diligence for qualifying properties with redevelopment potential.
View the grant applications:
Hazardous Substance Grant Application
Jackson Brownfield Redevelopment Projects
- PT&T Machining
- PCT International
- Zimmer Marble
- Kinder Morgan Power Plant
- Precise Test Labs, Inc.
- Three Renaissance Sub Zones
- Consumers Energy World Headquarters
- Michigan Industrial Holdings (MIHI) facility
Other Michigan Brownfield Redevelopment Projects
- Oldsmobile Park Baseball Stadium in Lansing
- Petoskey Bayfront Park
- Renaissance Global Logistics in Detroit