GARY â Leaders in the Jerome Prince administration say they are serious about finally unloading hundreds of parcels once owned by the long-defunct and scandal-plagued Gary Urban Enterprise Association.
In the cityâs possession since 2007, the land could have been unloaded or redeveloped under the past mayoral administration of Karen Freeman-Wilson and Rudy Clay, but it never happened.
Early on in GUEA s fallout, Clay touted a comprehensive plan using those parcels to develop housing in the Emerson neighborhood with the promise of new storefronts in the 600 and 700 blocks of Broadway.
GUEA was formed in 1985 under a state law permitting U.S. Steel and other Gary businesses to reduce their property taxes by making charitable donations of more than $15 million to the association between 2000 and 2003.