Sheri Davie, Executive Director

Marquette Brownfield

Redevelopment Authority

1100 Wright Street

Marquette, MI 49855

906-235-2279

marquettebrownfield@gmail.com

 

 

Brownfields are real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Cleaning up and reinvesting in these properties protects the environment, reduces blight, and takes development pressures off green spaces and working lands.

The key Brownfield incentive is Tax Increment Financing (TIF).  This provides reimbursement of pre-approved environmental and development costs through capture of increased taxes generated by additional investment on Brownfield sites.