ONTARIO — The RACER Trust will hold a private forum to help market the former General Motors property in late February, according to Ontario Mayor Randy Hutchinson.
Hutchinson shared the news with Ontario City Council on Wednesday.
“It’s an opportunity for us to get great feedback from professionals that know what’s going on with the development of property,” Hutchinson said.
The meeting will be Feb. 27 at the Ohio State University of Mansfield, and will be private, as it is organized by RACER Trust. Only the mayor and perhaps one representative from council will be allowed to attend.
Those invited include site selectors and investors and others. RACER Trust is paying for the event.
“They’ve done so much already, but this is one of the things they do with big properties like this,” Hutchinson said, calling the upcoming forum “a great tool.”
He said the RACER Trust has also provided the city of Ontario with a 32-page marketing brochure and has listed the 267-acre property on its national website.
RACER Trust was created in March 2011 by the U.S. Bankruptcy Court to clean up and position former GM properties for redevelopment. In 2012, the trust sold the Ontario-based property to the Brownfield Communities Development Company, associated with the Adler Group of Miami, Florida.
The City of Ontario took possession of the property in 2018 and has since met on several occasions to discuss their plans for the property, now being called the Ontario Commerce Park.
Hutchinson has previously said it appears the RACER Trust had been trying to help The Adler Group redevelop the property.
