Two major redevelopments in Detroit, Mich., will attract more than $1.5 billion in new investment and create as many as 205 new jobs. The projects will benefit from assistance provided by the Michigan Economic Development Corp.

Michigan economic development officials recently announced a $10 million brownfield state tax credit that will support a proposed $1.5 billion expansion of the Marathon Petroleum Co. LLC (MPC) refinery in southwest Detroit. MPC, based in Findlay, Ohio, will construct the expansion on a 22-acre site adjacent to the existing refinery. The site was formerly the location of a steel plant.

The proposed project will include the addition of new processing units that will enable the refining of more crude oil from Canada, while increasing the refinery's capacity by 15 percent. In addition, current employment of 480 at the refinery would be expanded by 135 new jobs. The city of Detroit has approved a 23-year abatement valued at an estimated $174 million to support the project.

Michigan brownfield programs provide incentives to invest in property that has been used for industrial, commercial or residential purposes and to keep that property in productive use or return it to a productive use. Brownfield incentives can be used for functionally obsolete, blighted, or contaminated property.

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