By Joanne Bailey-Boorsma
joanne@wktv.org
Mayor Jack Poll hinted at it in his Feb. 7 State of the City address and today, Franklin Partners LLC made it official: Site 36 has been sold.
Franklin Partners, which is based in Grand Rapids and Oak Brook, Ill, has purchased a large portion of the site, 74 of the approximate 92 acres, from the City of Wyoming. The purchase became official at the end of February.
“Wyoming thriving business community continues to grow as well,” Poll said in his Feb. 7 address. “Nicole Hofert, director of planning and economic development has lead serval exciting initiatives.”
One of those initiatives has been the sale of Site 36, located at 300 36th St. SW, just east of Clay Avenue on 36th Street with an eastern border of Buchanan Avenue. The property has been vacant since 2009, when General Motors closed its stamping plant.
“The developer hopes to be announcing businesses that will be coming to Wyoming in the coming weeks,” Poll said.
City staff indicated the city has retained the northern portion of the site which includes the former parking lot which is separated from the main property by 36th Street. This is where Godwin Heights Public Schools recently added its new athletic entrance which was completed last year.
Franklin Partners, which has been the main marketer for the property, said in a news release that the firm is looking to build manufacturing plants on the site, ranging in size from 150,000 square feet to more than one million square feet. City officials stated that the site will be broken into four or five parcels for development.
The former GM plant, which started as the GM Fisher Body stamping plant, also known in its early days as Plant No. 1, was built in 1936 on the former site and helped to push the construction of much of the city’s infrastructure. At one point, more than 2,000 people were employed at the plant. After 72 years of operation, GM decided to close the plant in 2009 citing the plant was too far away from GM assembly plants, driving up shipping and related costs.
The site was cleared of the two-million-square-foot plant a few years after the plant closing, but much of the infrastructure was retained including onsite utilities and the railway. The proximity of the site to US 131 is another added bonus.
“The day has been a long time coming, and we appreciate the confidence and faith Don (Shoemaker) and his team Franklin Partners have shown in Wyoming, in manufacturing and in our greater West Michigan community,” Wyoming City Manager Curtis Hold said in a statement. “We have long recognized what a jewel this property is – and what tremendous potential it has to attract manufacturers looking for a place to expand or consolidate operations.”
