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primary focus of the group (further described in E.3) that was tasked to create a vision for the Studebaker Corridor. The creation of the Studebaker/Oliver Plow Works Redevelopment Strategy in 1999 was the first step toward ending a long-standing blight that the community has faced for more than thirty-five years. The vision that the group laid out was a phased approach to eventually redevelop the entire Studebaker factory complex into a light industrial park. The group had no desire to put "all the city's eggs in one basket" again like they had with. Studebaker Corporation. Diversification of businesses and uses on the site would;benefit'both>the local economy and the stability of the future development. If one, business were to fail, it would not leave the city with a giant dinosaur building in need„of significant public investment. By catering to smaller industries and distribution`fir ns Ithe redevelopmer t;strategy,aspired to create a sustainable and stable reuse plan for the area.;' . 8 Implementation of this strategy began with the acquisition of the,South Bend Stamping plant and former Oliver Plow Works property in March 2d02:,Ttie`Oliver property was identified as the first phase of implementation for the strategy; and the, -37 buildings that stood on that site have already been demolished,, and site work is underway that will create seven new parcels for industrial. development' South Bend Stamping complex has been dormant since the City acquired it, as itis to be'the second phase of the strategy following the redevelopment of the Oliver, property: The City has°conducted Phase I and initial Phase II environmental assessments of the area andis beginning the environmental remediation process at the stamping plant. Following thereinediation stage, the property o through gh will demolition, site,M.p paration,re •infrastructure construction, and new private : investment and develo meat: