TRENTON, Mich. — Plans call for a shuttered industrial property along the Detroit River to become an automotive manufacturing and logistics facility as part of a $4 million property deal.
The Wayne County Commission approved a proposal Thursday involving businessman Manuel (Matty) Moroun’s Crown Enterprises Inc. real estate business. Crown Enterprises plans to demolish structures on the blighted former McLouth Steel site in Trenton.
The property will be transferred to the Wayne County Land Bank. The $4 million will be split among the entities that are owed taxes, including Wayne County and the city of Trenton. Crown Enterprises plans to invest at least $20 million in redeveloping the site.