Council discusses brownfield plan
IRON MOUNTAIN — An Indiana company awaits local approval of a brownfield plan to assist its proposed $25.5 million expansion and redevelopment of Pine Mountain Resort.
The project includes construction of 35 new cabins, a mountain bike pump track, sledding hills, walking and biking trails and a community green space.
Representatives of Storie Co. of Indianapolis met last week with members of Iron Mountain City Council, Breitung Township Board and Dickinson County Brownfield Redevelopment Authority to offer details on the plan, which was first discussed in October. The council agreed Monday to potentially endorse the plan March 6, though it still has questions.
If the city and township concur, final approval rests with the Dickinson County Board of Commissioners, which would have a public hearing, City Manager Jordan Stanchina said. The brownfield activity involves the demolition of old maintenance buildings and addressing contamination underneath.
Although only a small part of the project involves a brownfield area, the work can reach well beyond that, said Lois Ellis, executive director of the Dickinson Area Economic Development Alliance. “Brownfield is also an economic development tool,” she told the city council Monday.
Under the plan, the developers expect to recapture taxes from the increase in taxable value. It’s estimated the reimbursement would total about $1.5 million over the course of 30 years.
The project, involving more than 282 acres in the city and township, would help retain 27 full-time jobs and create 22 to 34 more, according to Storie Co.
Mayor Dale Alessandrini said he’s concerned the city is surrendering too much in potential tax revenues, but he acknowledged the project’s tourism and community benefits. “It’s damned if we do or damned if we don’t,” he said.
Council member Kyle Blomquist asked if a significant amount of the work might “fall off,” resulting in fewer general benefits than anticipated.
