As previously reported by GlobeSt.com, Indianapolis-based Duke and its joint venture partner, San Francisco-based Stockbridge Real Estate Fund, bought the property in 2007, reportedly for just north of $75 million. Duke plans to dismantle the plant and remediate the 100-acre brownfield site before building a mixed-use industrial and retail property. Demolition of the plant began in February of this year and will continue throughout 2008. Hull & Associates, an engineering firm based in Columbus, Ohio, will oversee the remediation. Duke hopes to break ground on the new construction in spring 2009.

[IMGCAP(2)]This is the second GM plant Duke has taken on. The company previously redeveloped a former plant in Baltimore, near the city's port. Two industrial buildings on the 184-acre site have already been built.

"The opportunity to redevelop the Linden site into a thriving commercial property is very exciting," says Andrew Kelton, executive vice president for Duke's East region in a company release. "We are confident that Bob will guide our efforts in ensuring that new developments provide economic opportunities and jobs in Linden and other markets."