$10.5M in incentives for Farhi to develop brownfield next to WFCU
Former home to GM trim plant and industrial operations to be developed
Farhi Holdings Corporation has been approved for almost $10.5 million in financial incentives from the City of Windsor as part of the Brownfield Redevelopment Community Improvement Plan.
The developer has owned a piece of vacant land next to the WFCU Centre, which used to be home to the GM trim plant and some industrial operations, since 2005.
The senior planner with the City of Windsor, Greg Atkinson, said the 24.5-hectare, or 60.6-acre, property constitutes about 11 per cent of the city's brownfield inventory.
Brownfields are sites that may be contaminated due to previous industrial or commercial use, therefore will require environmental cleanup.
The Community Improvement Plan program aims to promote redevelopment of brownfield sites in the city, in order to provide opportunities for new housing, employment and commercial uses.
Here are the developer's plans for the land:
- 119 detached residential lots.
- Four townhouse blocks — total of 48 units.
- Five multiple dwellings buildings — total of 230 units.
- A seven-storey hotel.
- 3.1 hectares (7.8 acres) of commercial land.
The company said last month that it plans on beginning work in the fall.
With files from Dale Molnar