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