Foreclosed Michigan steel site could see redevelopment - WNEM TV 5

Foreclosed Michigan steel site could see redevelopment

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TRENTON, MI (AP) -

Officials in Wayne County are trying to lure a developer to a foreclosed, 188-acre industrial property along the Detroit River that it doesn't yet own.
   The Detroit News reports county officials have issued a "request for qualification" to test the waters. The county is the third government entity in line to have an opportunity to buy the former C
   The state declined this month to buy the land for $4.65 million, its fair market value plus back taxes. If the city of Trenton also declines to buy the property, then Wayne County would have a chance to do so.
   City Manager Jim Wagner says he's met with an interested developer. Wagner says the city has discussed buying the land, but hasn't made a final decision.

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