The Daily Globe - Serving Gogebic, Iron and Ontonagon Counties

Bessemer supports redevelopment of trailside property

 

August 20, 2019

P.J. Glisson/Daily Globe

SHOWN ON Monday evening, this property at 508 S. Moore St. in Bessemer stands open to new possibilities, thanks to potential grants that ultimately may lead to private development. The city council already has accepted bids to demolish the structure so that it can prepare a "build-ready" lot to attract possible construction of town homes next to the Iron Belle Trail, which is shown in the foreground.

By P.J. GLISSON

news@yourdailyglobe.com

BESSEMER - The Bessemer city council voted Monday evening to support a potential redevelopment deal of property at 508 S. Moore St.

The aim has been for the city to partner with the Gogebic County Brownfield Authority and the state of Michigan to create a "build-ready" lot that then would inspire a private developer to engage in construction, resulting in city tax revenue.

Monday's vote was in support of establishing a Brownfield zone that may be eligible for tax increment financing.

The term refers to the state's Brownfield Redevelopment Financing A...



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