Detroit News: AMC Headquarters redevelopment advances with brownfield plan approval

 In News Article

Plans to demolish the former AMC Headquarters site on Detroit’s west side moved forward Tuesday as the Detroit City Council approved a brownfield plan for the site’s redevelopment. The site’s owner, Missouri-based NorthPoint Development, requested $32.6 million in tax increment financing for demolition and environmental remediation of the 50-acre site at 14250 Plymouth Road. According to the redevelopment plan, the Missouri-based developer will invest $71 million to redevelop the site to build one or two buildings for warehouse and light assembly tenants. The hard costs are estimated to be $66 million.

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