Partner Dale Jurcisin says the group, which includes former Wayne CountyExecutive Ed McNamara, has been negotiating with the Lowe's company for thepast several months. He tells GlobeSt.com the group also is working with the cityadministration to get approval for brownfield redevelopment assistance.
"Their consultants are going to come back with different options for brownfield financing," Jurcisin says.
The property consists of about 90 acres, including 25 acres with a large inflated golf dome and a driving range, and miniature golf. The Lowe's would go on 15 acres of a former landfill.
"It's been closed about 30 years," Jurcisin says. "It wasn't for regular waste. I believe it was used when they built the General Motors Corp. plant in the area for industrial waste."
He says the Lowe's store, about 150,000 sf, could also be built where the golf dome is now. The dome would be moved to another location on the site, Jurcisin adds.
The owners have also been trying to work on the development of a light industrial park on the property, Jurcisin reports. "That's what it's zoned for," he explains. "So far, there's been no suitors."
The golf center was out of service for most of 2002 because a freak windstorm tore down the large dome.
The Lowe's project would cost about $20 million. The location creates a win-win situation, Jurcisin believes.
"We can also put an old brownfield use back to something better suited use for the community," he adds.
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