Certified Business Park Program Newsletter
August 2017
 
 
 
 
 
 
 
 
 
Welcome to the Certified Business Park Newsletter!

We'd like to thank you for reading the third Certified Business Park newsletter of 2017. The program continues to thrive. We invite you to take a look at the CBP webpages by searching the directory.
 
 
 
 
 
Thank you to our CBP Newsletter Sponsor
 
 
 
 
 
RACER Trust Sells Interest in Pontiac Centerpoint Business Campus to Longtime Manager
The Revitalizing Auto Communities Environmental Response Trust, better known as RACER Trust, has sold its 25 percent interest in the Pontiac Centerpoint Business Campus to Centerpoint Associates LLC, an affiliate of the campus’ longtime property manager Etkin Equities LLC.

The sale could be seen as a positive sign for the county, as RACER was established in March of 2011 by the U.S. Bankruptcy Court to “clean up and position for redevelopment properties and other facilities” that were once owned by the former General Motors Corp. prior to its bankruptcy in 2009, according to a release. Not much will change now that the property, located at 3999 Centerpoint Parkway in Pontiac, is fully owned by Etkin, said its CEO Curtis Burnstein, adding that not too many people remember the old days when General Motors was truly a part of the campus.

“RACER was the entity that was the surviving component of all the real estate deals that didn’t go forward with General Motors,” Burnstein said. “Hanging around was not their objective, so it was time for us to go ahead and come up with a value and buy them out of that 25 percent.”
Part of the property was home to a General Motors assembly plant from 1927 to 1990. It was decommissioned between 1991 and 1995, according to a RACER marketing brochure.
Andy Meisner, Oakland County treasurer, said that the RACER properties were and are a challenge for the county, but that seeing once idled and nonproductive properties redeveloped and sold is an important step.

“It’s a very positive sign, but you know, the notion that those properties being repurposed in and of itself reflects economic development advancement (for the region) is probably overstating it,” Meisner said. “Selling those properties or interest in those properties reflects a recovery of property values and a recovering demand for commercial and industrial...I’m happy about it, but we have a long way to go.”

Other RACER Trust properties that were recently sold in Pontiac include the land where the M1 Concourse, at the intersection of Woodward Avenue and South Boulevard in Pontiac, now stands and the employee development center site, 65 University Drive in Pontiac. The University Drive property was recently purchased by the George W. Auch Company and with the intention to transform the three-and-a-half acre lot into a new corporate headquarters for the construction management firm. Auch is currently providing construction management for the M1 Concourse, according to a release.
 
 
 
 
 
Marketing Tip!

Google Analytics is one of the many marketing tools available to you as part of the CBP program. With this tool, you are able to see how many people have visited your Park's webpage, and the location in which they viewed it from. If you do not have an account or need assistance with it, please email us at meda@medaweb.org

A valuable way to increase the hits that you will see on your Google Analytics account is to share news happening within your CBP with us at MEDA so that we can share it on social media! If you ever have additions or any other good news, please send it to meda@medaweb.org so that we can help further market your CBP!
 
 
 
 
 

Qualite's Award-Winning Gamechanger Chosen by Georgia State University


Georgia State University (GSU), located in Atlanta, Georgia, has selected Qualite's, award-winning, Q-LED GameChanger™ to light the school's new football stadium. On February 27th, 2017 GSU officially began construction on Turner Field, which was formerly the home of the Atlanta Braves and an Olympic Stadium in the Summer Games of 1996. This $22 million project retrofitting from a baseball stadium into a college football stadium is on budget and on time for the home opener against Tennessee State on Thursday, August 31st, 2017 at 7:00pm.


"This is an exciting project for Qualite. We are doing a combination of installing new lights and also retrofitting onto the existing super structure which held the old lights. We are able to showcase, on a national scale, what we and others know: the GameChanger is like no other LED light on the market. The awards prove it and being chosen by GSU for this iconic project is just more validation," stated Eric Boorom, Qualite Owner. Patrick Kinney, Southeast Sales Manager adds, "GSU was very excited about the GameChanger when we presented it to them. A big part of our conversation with GSU was how they are working towards being a national leader in technology. We were able to easily demonstrate how the GameChanger represented the newest and most advanced technology found in the sports lighting industry today."


Rob Stewart of Penco Electric stated, "Qualite's wireless control system fit this project perfectly since a big portion of the new lights were to be retrofitted onto the existing structure. We had more than enough power to these locations already, and we did not have to run new control wiring to all the existing locations around the stadium for the new LED lights."


Channel 2 Action News, WSB-TV, in Atlanta has been covering the story and shows viewers a glimpse into the new stadium; click here to view. Follow Qualite Sports Lighting on Twitter (@QualiteLighting), Facebook (@QualiteSportsLighting), or Instagram (@QualiteLighting) for more updates, and follow the progress of the stadium on GSU Stadium's official Twitter account @GSUStadium


About Qualite Sports Lighting

Qualite, wholly owned by Worth Investment Group, has been the Sports Lighting Partner for high schools, colleges, parks and recreation departments, and minor and major league professional sports franchises for over 30 years. Qualite's Q-LED GameChanger™, a Gold Edison Award winner, is the first high performance sports lighting system designed for all sports venues, from youth to professional sports stadiums with a focus on great connectivity and functionality at affordable pricing.


About Worth Investment Group

Worth Investment Group is a private holding company focused on acquiring companies in the middle-market, partnering with management to build even greater value, and holding these companies for the long term. Based in Jackson, Michigan, Worth Investment Group acquires companies headquartered in North America with management teams that seek to leverage our strategic resources to achieve operational improvement; accelerate growth through strategic re-positioning; realize scale benefits through add-on acquisitions; and achieve a leading market position.


A branch of Qualite Sports Lighting, Inc. is located in the Hillsdale Manufacturing Technology Park. Click the link to find out more information about this Certified Business Park. 

 
 
 
 
 

New Company Coming to Fort Custer; 94 Jobs Expected

The first domino has fallen in a project to clear land for development projects in the Fort Custer Industrial Park.

Battle Creek's Tax Increment Finance Authority approved Tuesday a sales purchase agreement for a 27.3-acre site on Stanley Road, the southern-most site west of Skyline Road in the industrial park. It is being sold to an undisclosed company for $218,408, or about $8,000 an acre, Battle Creek Unlimited President and CEO Joe Sobieralski said.

Sobieralski said about 20 acres of the site is developable. The company, which he declined to name, has not yet signed the purchase agreement. It's expected to bring about 94 jobs in the area.
RELATED: This is vacant land now. BCU thinks it could be something great.

The company will apply for a tax abatement from the city of Battle Creek, Sobieralski said. 

"It’s exciting that our strategy is somewhat paying off," he said.

Excavation work began this year to clear more than 260 acres of land in the industrial park and the W.K. Kellogg Airport to build development-ready sites for new companies. The $5.4 million project has been spearheaded by Sobieralski and BCU. A bid for the project was approved by Battle Creek city commissioners in May.

The project is being paid for by the TIFA, a separate public authority that oversees the industrial park.

Al Bobrofsky, chairman of the BCTIFA board, said seeing a new company come to Battle Creek via the recently cleared space signals that the project was "the right direction to go." Bobrofsky added the company selected Battle Creek for the availability of its land, which he said isn't easily found elsewhere.

"They looked very strongly at Kalamazoo and they came to us knowing they would have it shovel-ready by the end of September," he said.

Sobieralski said the Hill Brady-Skyline development provides potential companies shovel-ready sites with access to roads, electricity and the city's sewage system. Also included in the project is preparation of about 180 acres of land on the west side of the airport targeted for aerospace manufacturing industries.

He said a company signing on to the Stanley Road site leaves 41 acres of "buildable land" there, split up between sites of 21 acres and 20 acres, respectively.

Though the Fort Custer Industrial Park has seen existing buildings redeveloped in recent years, such as Cosma Casting Michigan, this project would be the first to bring new construction. The last time that happened was when Toda America Inc. broke ground on its Battle Creek facility in 2010, before opening the following year.
 
 
 
 
 
MEDA REGION 2:
NORTHERN LOWER PENINSULA 

Northern Michigan, or more properly the Northern Lower Peninsula, is a region of Michigan, popular as a tourist destination, resort area, and vacation area.

It is home to several small-to medium-sized cities, extensive state and national forests, lakes and rivers, and a large portion of Great Lakes shoreline. Life is simple but rich, surrounded by nature, beautiful lakes and forests and good and friendly folks.

Home to the National Cherry Festival in Traverse City, as well as several State forests and campgrounds, the region has a significant seasonal population much like other regions that depend on tourism as their main industry. Industries and exports include potatoes, cement-making, mining, natural gas extraction and food processing.

REGION 2 CERTIFIED BUSINESS PARKS

 
 
 
 
 
Corporate Sponsors 
 
 
 
 
 
P.O. Box 15096, Lansing, MI, 48901-5096
 
 
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