Saginaw Future Inc. E-News

Consumers Selects Region for Power Plant

CSX/Ferro-Met Clean-Up Project Begins

Rendering of
 proposed Consumers
Energy power
plant in
Bay County.

Kessler
Environmental
Excavating has
begun cleaning up
the former CSX/
Ferro-Met site
located in the
City of Saginaw.

Consumers Energy has selected its Karn/Weadock Generating Complex in Bay County as the site for construction of an 800-megawatt clean coal power plant, the start of a new generation of power for Michigan, top utility executives announced recently.

The utility’s plans call for 500 megawatts of the plant’s output to be used to help serve its 1.8 million electric customers with 300 megawatts going to other owners. A number of municipal utilities in Michigan have expressed interest in becoming part owners of the new plant, however, no formal agreements have been reached with potential participants.

The new plant is expected to cost in excess of $2 billion and Consumers Energy’s share of that cost will be in proportion to its ownership interest.  The plant is expected to be in operation in 2015.

The new power plant announced today will bring significant economic development benefits to the region.  Building the plant is expected to create nearly 1,800 jobs at the peak of construction, then at least 80 ongoing jobs after the plant begins operation.  It also will provide a significant boost to the local tax base and area businesses.

The new plant will use proven state-of-the-art technology in all aspects of its operations, including the latest and best available technology to minimize environmental impacts.

Clean-up of the CSX/Ferro-Met brownfield site has begun! Saginaw Future facilitated the complicated plan for cleaning up the former scrapyard at 1015 N. Washington Ave. on the Saginaw Riverfront. With zoning and infrastructure in place, Rifkin Scrap Iron & Metal has signed a development agreement to locate a facility at the site, once the remediation has been completed (a key goal of the Saginaw Riverfront Development Commission).

The Ferro-Met Corporation, which leased the 14-acre property from CSX Transportation, processed scrap metal at the site for two decades. In 1988 Ferro-Met shut down and it was discovered that the site contained 26,000 cubic yards of contaminated "fluff" materials, such as the remains of fabrics and plastics.

In order to address the contamination and have the site prepared for redevelopment, a group of organizations teamed up to take on the project. CSX Transportation agreed to deed the land and contribute $250,000. The Michigan Department of Environmental Quality supplied a $1 million grant, along with $850,000 from the Environmental Protection Agency/Saginaw County Brownfield Redevelopment Authority (discounted loan) and $90,000 from the City of Saginaw.

With funding in place, clean-up crews have begun removing the refuse and top 12 inches of topsoil, making the site ready to be reused for the Rifkin investment.

Central Warehouse Celebrates Expansion Johnson St. Reconstruction Complete

Central Warehouse
Company celebrates
1 million sq, ft, of
total warehouse
space with Midland
County expansion.

$3.5 million road
reconstruction
project complete in
Downtown Saginaw.

      Central Warehouse Company celebrated 1 million sq. ft. of total warehouse space due to a 42, 000 sq ft. expansion project in the City of Midland.   This is an addition to 180,000 sq. ft. of existing warehouse in the City of Midland's Eastwick Industrial Park. 

 

      Central Warehouse Company, a fourth generation family owned business, is comprised of Central Warehouse Saginaw, Central Warehouse Midland, Central Warehouse Bay City and Central Warehouse Dayton. 

 

      The Saginaw based company started in 1910 and  has recently been recognized by the International Warehouse and Logistics Association (IWLA) for outstanding industry achievement for this accomplishment.

Central Warehouse provides service for a variety of key businesses in Saginaw and Midland, as well as globally.  Its services include turn key distribution, 3PL and supply chain services, many types of value added programs and import/export services.  This is the company's third expansion in five years.

A $3.5 million reconstruction of Johnson St. from
Washington Ave. to Sixth St. and streetscape project in Downtown Saginaw has been completed.

The renovation project included five blocks of Johnson St. that includes frontage of The DowEvent Center. Johnson St. was reconstructed from Washington Ave. to Sixth St. and included the replacement of 100-year old water mains.

In conjunction with the road reconstruction, the City of Saginaw installed streetscape amenities from Washington Ave. to Second St. The project included decorative street lights, colored sidewalks and crosswalks, stone half-walls, benches and landscaping.  Besides being more visually pleasing, the new configuration improves pedestrian congestion and provides a more safe flow in and out of The Dow.

Federal and state grants accounted for $2.69 million of the project's funding. Approximately $460,000 was provided by the City of Saginaw's water surplus fund and $340,000 was from the state gasoline and weight tax allocated to the city.

BACK

515 N. Washington Ave. - 3rd Floor
Saginaw, MI 48607
Phone: (989) 754-8222   Fax: (989) 754-1715  

Web: www.saginawfuture.com
E-mail: info@saginawfuture.com