Detroit News: AMC Headquarters redevelopment advances with brownfield plan approval
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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