Phoenix Investors held an inaugural event at the former Delphi East building in Flint, MI after making a $25 million investment in the purchase and rehabilitation of the property. Genesee Packaging is the anchor tenant at the facility while a portion of the building continues renovation. Several prospective tenants are interested in leasing portions of the warehouse; anticipated completion is slated for early 2020. “This space could be finished even sooner if we meet the right client,” said Phoenix's Senior Vice President of Acquisition and ... Read More
Phoenix Investors—after buying the former Delphi site in Flint, MI—has given the Genesee County Land Bank $50,000 to help fund the demolition of the old Kirkwood Community mobile home park. The park is one of six eyesores in Flint that have or will soon be cleaned up, at a total cost of $3.1 million. Michele Wildman, executive director of the Genesee County Land Bank, said that this uncommon donation from a private business uncommon will blaze a trail for future investment in the area. Read ... Read More
Community members in Flint, MI are being welcomed to hear Phoenix Investors' plans for the vacated Delphi East site. “We’re having a meeting tonight to educate the people, to get their input, their questions, and to see what their ideas are of how to use that property,” said Eastside Coalition Chairman Clarence Campbell. Read the full ABC12 story, by Mark Bullion.