NorthPoint Development is set to buy the RACER Trust site in Wyandotte County, 80 acres of property in the Fairfax Industrial District that was once a General Motors plant. Visit website
An agenda for Monday’s Unified Government of Wyandotte County/Kansas City, Kan., Economic Development & Finance Committee indicates that the Revitalizing Auto Communities Environmental Response Trust has picked NorthPoint Development as the buyer.
The agenda also stipulates development incentives to attract 1 million square feet of new industrial space at the RACER Trust site with more than $40 million worth of investment there.
NorthPoint CEO Nathaniel Hagedorn was not immediately available for comment. A spokesman for RACER Trust declined to comment…