RACER Trust, City of Muncie Agree to Terms on Purchase of Former GM Property

City Intends to Seek Utility-Scale Solar Development for 53-Acre Parcel By Bill Callen—     Muncie, IN- RACER Trust and the City of Muncie today announced they have reached an agreement for the city to purchase the 53-acre main parcel of RACER’s former General Motors property located at 1200 W. 8th St. The city intends to build a solar field on the property with up to 24.6 million kWh of generating capacity.  “RACER has worked closely with leaders in the city of Muncie to position our property for sales and investments that are making a positive difference, especially in the … Continue reading RACER Trust, City of Muncie Agree to Terms on Purchase of Former GM Property