Regency at Troy, Oakland County, Michigan
Sitting vacant for just under a year, the 24,000 square-foot building on West Maple Road just north of the Oakland County Airport in Troy, Michigan, was constructed in 1957, prior to the Vietnam War. Originally occupied by McGregor Manufacturing Corp., operations on the property consisted largely of manufacturing parts for military equipment and commercial jets until 2007. After that, the building was used as storage for machinery until 2016.
Determined to be functionally obsolete, the building sat on just over 8 acres of land. The majority of the previous manufacturing operations occurred prior to any major environmental regulations and waste management practices, and due to the processes followed during this time period, the possibility of contamination at the site existed.
PM was contracted by an interested developer to draw up a Brownfield Plan, which would cover the costs of the PM performed Phase I & Phase II Environmental Site Assessments (ESAs), as well as the Asbestos Containing Materials (ACM) survey conducted on the existing structure. The plans for that development changed shortly after the due diligence was concluded, leaving the building vacant once again.
Not long after, another interested buyer entered into a contract to purchase the site. The new buyer, Ciena Health, the largest privately owned operator of skilled nursing and rehabilitation centers in Michigan, enlisted PM’s help to draw up a new Brownfield Plan and assist in preparing the site for redevelopment. PM assisted the developer in securing $260,005 in reimbursable costs. Eligible activities that are reimbursed through the reimbursable costs include Baseline Environmental Site Assessment (BEA) activities, Demolition activities, Asbestos Containing Materials (ACM) surveying, as well as Brownfield Plan preparation.
Along with the completion of the Brownfield Plan, PM also provided site characterization and pre-demolition asbestos activities on the site.
With an anticipated completion date of fall 2019, the $26 million project will turn a functionally obsolete site into a brand new, combined skilled nursing and assisted living facility. The new building will total over 240,000 square-feet and hold approximately 250 beds for patients and residents. An estimated 250 full-time jobs will be created as part of the redevelopment, and a void for assisted living care in the city will now be filled.