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FLS Properties #5 LLC


Project


Site / Project Name

The Pearl of Birminhgam

Brownfield Site Address

856 N. Old Woodward, Birmingham Michigan

Site Owner

Frank Simon

Clear Title

Yes

Owner Contaminator

No

Former Use

restaurant

Land Use

vacant land, has flood zone.

Infrastructure

abuts the Rouge River

Assessment Level

Phase 3/4

next to a dry cleaner and former gas station

Contaminants

dry cleaners/gas station

Cleanup Program

No

Remediation

No

Developer

Yes

Frank Simon

Future Use

Housing

Financing Tools: Federal Programs


Financing Tools: State Programs


Financing Tools: Funds Committed

brownfield by the city for $2.6M.

Challenges

Financing; Assessment and Cleanup of property

Technical Assistance

New Markets Tax Credits; Bonds; EB-5; Not sure
Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication.