MICHIGAN — Five new brownfield redevelopment projects in Wyoming, Dearborn, Ypsilanti, Lansing and Cadillac, have garnered support by the state of Michigan.
The projects will benefit from assistance provided by the Michigan Economic Development Corp. and the Michigan State Housing Development Authority. They are expected to generate $77 million in new investment and create 3,981 jobs.
The redevelopment projects include:
Wyoming, Mich.
Walker Orchard Land Partners LLC is developing a $400 million mixed-use project that will feature 1.4 million square feet of retail, 135,000 square feet of office space, 77,600 square feet of restaurant space, 439 multifamily units, a 150-room hotel and a 160-room resort hotel/waterpark. A 125,000-square-foot Cabela’s store will anchor the project, which is located at Interstate 96 and Walker Avenue NW.
Dearborn, Mich.
REDICO Holdings LLC is developing a $68 million, 275,000-square-foot mixed-use development that will feature a medical office building, a retail/office building and a 96-unit senior housing building. Located at the corner of Michigan Avenue and Schaefer Road, the site was previously a three-story department store building.
Ypsilanti, Mich.
The city of Ypsilanti and the Washtenaw County Brownfield Redevelopment Authority are supporting a $4 million, 34,000-square-foot renovation of a vacant three-story building. The building, located in the historic Depot Town area of the city, will feature commercial and retail space, and 16 residential lofts.
Lansing, Mich.
The city of Lansing Brownfield Redevelopment Authority is developing a $3.4 million, 5,000-square-foot office building that includes a NuUnion branch office. Located at S. Pennsylvania Avenue, the site was previously a 35,000-square-foot Regent Inn hotel.
Cadillac, Mich.
Chemical Bank is developing a $1.2 million, 5,000-square-foot building for retail and commercial banking operations. Located downtown, the site was previously occupied by YMCA, Harris Milling and Brasseur.