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02-24-2006 Studebaker Stamping Plant – The Next Stage of Development
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02-24-2006 Studebaker Stamping Plant – The Next Stage of Development
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4/11/2011 1:15:54 PM
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• EPA provided emergency cleanup in 2004-05 due to vandalism on the site <br /> — this saved the city $600,000 in final demolition costs ($400k — <br /> emergency/$200k general cleanup) <br /> • Federal Loans through HUD total $9.2 million to date <br /> • Federal Transit assistance to help TRANSPO relocate and build new <br /> facilities - $12 million <br /> • Stamping Plant demolition brings the total demolition completed, since <br /> 1990, to 3.5 million s.f or % of the entire Studebaker/Oliver <br /> Redevelopment Area. <br /> • Project Cost— $7.9 million for demolition and clearing ( Not including <br /> TRANSPO construction costs) <br /> • Project Area - 39 acres — including TRANSPO <br /> • TRANSPO's new facility - 12 acres <br />
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