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You are here: Home / Business / Company paid $9.6 million for Janesville GM plant

Company paid $9.6 million for Janesville GM plant

January 24, 2018 By WRN Contributor

The Janesville GM plant. (Photo: WCLO)

Public records filed this week show Commercial Development Company paid close to $9.6 million for the former General Motors property in Janesville.

The 4.8 million-square-foot defunct auto plant, on an almost 300 acre site, had been shuttered for almost a decade.  The property was last listed in city of Janesville tax records, in a 2017 bill issued to General Motors at a “fair market value” of $9.7 million.

Commercial Development Company officials say they plan to demolish the former auto plant complex over the next year to 18 months and redevelop the site.

WCLO

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Filed Under: Business, News



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