Superior Township, Mich., likely will grant a 12-year, 50 percent tax-abatement request designed to entice Hyundai Motor America to build a $56 million research and development center there.
The automaker will go before the Superior Township board of trustees Monday night for a public hearing. Hyundai hopes to build an R&D headquarters called the Hyundai America Technical Center Inc. on 60 acres at Geddes and LeForte roads, said township Clerk Kay Williams.
Williams said the board members likely will approve the tax abatement, the first such request to go before the rural township.
It's unclear how many employees the center will house, but government officials have estimated 85-300. The site is about four miles from Ann Arbor, Mich., Williams said.
Research on Hyundai and Kia automobiles will be performed at the center. Doug Fura, vice president of NAI Farbman and the broker for Hyundai, declined to comment. Hyundai had been considering sites in Southeast Michigan and Alabama.
Hyundai Motor Co. purchased Kia in 2001.
Laura Bailey and Jennette Smith are staff reporters for Crain's Detroit Business, a sister publication of Automotive News.