Plan to tear down Genesee Towers - ABC 12 – WJRT – Flint, MI

Plan to tear down Genesee Towers

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(08/09/12) - It's the city's tallest building, at least for now. But there might be a plan coming together to tear down Genesee Towers.

On his last day as Flint's emergency manager, Mike Brown signed a resolution to enter into a development agreement with Uptown Reinvestment Corporation.

City attorney Pete Bade confirmed the agreement. According to Bade, the building has yet to be transferred solely to Uptown Redevelopment - there are a few things that need to happen before then.

The vacant Genesee Towers building has been at the center of plenty of controversy in downtown Flint.

In 2010, city taxpayers were hit with a special assessment to pay off a $9 million lawsuit involving the Towers. The most recent chapter in the saga was written Tuesday when former emergency manager Mike Brown signed a development agreement with the Uptown Reinvestment Corporation to tear it down.

"Wow, that's the first I knew about that. I knew he signed resolutions, but that's something we will definitely look at," said councilman Bryant Nolden.

The resolution said the city will apply for community block grant money through the federal government to demolish the tallest structure. Councilman Bryant Nolden isn't sold on that idea.

"What grant money are they going to use to tear it down, if it's block grant money that can be used on the north end where we need development as well," Nolden said.

"The big question mark is, what's going to take its place?" asked County Commissioner Brenda Clack.

Clack, also a Flint resident, hopes something positive will take its place. "It's a joy to think that there's been some resolution on that building finally."

"As long as it doesn't come out of my pocket, I'm for it. I don't want any increased taxes none whatsoever. It should be positive for downtown, especially for college students," said Nancy Rozier, a Flint resident.

A statement released by Uptown Reinvestment Corporation said it is not their policy to discuss specifics of a project until all financial and legal aspects are completed and when all parties agree.

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