MANSFIELD, Ohio (AP) — The certification that environmental cleanup work is done at a former General Motors plant in north-central Ohio has moved the property a step closer redevelopment.
The Mansfield News Journal reports (http://ohne.ws/20GHH0X ) the state Environmental Protection Agency issued a covenant not to sue to RACER Trust for the former GM and Ontario Stamping Plant property. Elliott Laws, an administrative trustee of RACER Trust, said Thursday the covenant removes any obstacle for development.
RACER Trust sold the property to Brownfield Communities Development Co. in 2012. The company said at the time that it would repurpose a portion of a 2.5-million-square-foot building as a business park. But the building was demolished and the site remains vacant.
Laws says they hope the EPA’s move provides another push to build at the site.
Information from: News Journal, http://www.mansfieldnewsjournal.com