Laserfiche WebLink
"Fairlane Green lives up to its name on several levels," said McCourt. "We're developing on a <br />brownfield, or environmentally challenged site, designing a site plan that preserves more land <br />than it develops, and incorporating environmentally friendly features into the construction." <br />Ford has worked closely with the Michigan Department of Environmental Quality (MDEQ) to <br />ensure the integrity of the landfill and long-term development potential of the site. <br />The site, located between Oakwood Boulevard and Outer Drive, and Interstate 94 and the <br />Southfield Freeway (Michigan 39) in Allen Park, is a welcome addition to the Allen Park and <br />Dearborn communities, providing an area destination for dining, shopping and recreation. The <br />economic benefits are equally important, as the site adds a valuable tax base and approximately <br />2,000 jobs. <br />"The City of Allen Park is fortunate to partner with world class developers," said Richard <br />Huebler, Allen Park mayor. "I am very proud to see this re-use of land, which will provide new <br />employment opportunities and shopping experiences for the residents of Allen Park." <br />The first phase of development calls for 408,000 square feet of retail businesses on 105 acres. <br />Subsequent phases include the park and approximately 600,000 square feet of additional retail. <br />Ford Land sold Phase I to Archon Group, the real estate subsidiary of Goldman Sachs, located in <br />Irving, Texas, but remains active in construction, geotechnical and environmental aspects of the <br />project. Ford owns remaining phases of the planned development. <br />According to Brad Kempson, director of retail leasing at Archon, Phase I will be anchored by a <br />124,000-square-foot Target store to open in October 2005. Other signed national retailers <br />include Barnes & Noble, Bed, Bath & Beyond, Famous Footwear, Lane Bryant, Longhorn <br />Steakhouse, Michael's, Old Navy, On-the-Border, Pier 1 Imports, T.J. Maxx and World Market. <br />Mostplan to open this fall. <br />Go to http://media.ford.com for news releases and high-resolution photographs. <br />