The company earned special use approval from the council at a recent meeting.
Repayment will be made from recaptured incremental tax revenues on the property. The developer will demolish buildings on the site and clean it and get repaid by the city from the city's brownfield authority.
The city is one of the first in Oakland County to successfully use the brownfield options provided by the state to turn a contaminated site around into a successful project. Similar projects are planned in Royal Oak, Pontiac and Walled Lake.
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