Property

EGLE brownfield grant helps revitalize historic downtown Bay Metropolis properties

A Brownfield Redevelopment Grant from the Division of Surroundings, Nice Lakes, and Power (EGLE) will assist the Bay Metropolis Brownfield Redevelopment Authority and North Peak Brewing Firm redevelop a contaminated web site situated at 1108 North Water Avenue right into a restaurant and bar with three loft type residences on the second flooring. The undertaking will create 30 full-time jobs and 50 part-time jobs. The property shall be operated by the well-known North Peak Brewing Firm that developed an identical location in Traverse Metropolis.

Brownfield redevelopment site where a property in historic downtown Bay City will be revitalized.

A contaminated web site in Bay Metropolis, the place it will likely be redeveloped right into a restaurant, bar, and loft-style residences.

 

The property operated as a gasoline filling and repair station from the Twenties to the Nineteen Sixties and utilized a number of underground gasoline tanks throughout that point.  The location was then utilized for numerous business functions together with the Steinhaus Bar till 2016.  The property has remained vacant since that point.

The location is contaminated on account of the previous fuel station operations on the property. The $275,000 brownfield redevelopment grant from EGLE shall be used to carry out environmental and demolition actions to assist the reuse of the property. The grant can pay for environmental web site evaluation, restricted demolition actions, elimination and disposal of contaminated soil, and the design and set up of a vapor mitigation system stopping migration of any remaining subsurface contamination into the construction The redevelopment will enhance this historic portion of downtown Bay Metropolis, revitalizing the blighted and vacant property. As well as, Bay Metropolis anticipates the redevelopment will entice extra guests and draw extra companies to the downtown space, resulting in extra alternatives for the neighborhood. The redevelopment is deliberate to include power saving options like improved insulation and home windows, an power environment friendly mechanical system, electrical and lighting methods upgrades, and photo voltaic.

Along with incentives offered by EGLE, the redevelopment is receiving assist from the town of Bay Metropolis and the Michigan Financial Improvement Company to make this undertaking a actuality.

For extra Info go to EGLE’s brownfields internet web page.

Anticipated outcomes

  • A capital funding of roughly $4,700,000
  • State Equalized Worth enhance from $244,700 to $2,500,000
  • Creation of 30 full-time and 50 part-time jobs
  • Contaminated soil shall be eliminated and correctly disposed of in a landfill
  • Elimination and correct disposal of roughly 650 tons of contaminated soil
  • Reuse of two vacant and blighted buildings in downtown Bay Metropolis

 

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