Brownfield Tax Increment Financing Projects
See the listing of Brownfield TIF projects that have been approved for this calendar year by the MSF Board.Brownfield Tax Increment Financing Projects
The following Brownfield Tax Increment Financing (TIF) projects have been approved by the Michigan Strategic Fund. These projects could contain other MSF support
The Report was last updated on Apr 19, 2024.
Maple Block Flats LLC - Maple Block Flats
| Approval Date: | Apr 16, 2024 |
|---|---|
| Location: | Petoskey |
| Project Investment: | $49,373,533.00 |
| Total Award Amount: | $8,500,353.00 |
| State Portion of Award: | $3,670,646.00 |
280 Ann, LLC - 280 Ann Street Redevelopment
| Approval Date: | Feb 8, 2024 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $11,673,193.00 |
| Total Award Amount: | $661,360.00 |
| State Portion of Award: | $420,987.00 |
Fortescue Future Industries (FFI) - 601 Piquette Redevelopment Project
| Approval Date: | Jan 23, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $210,000,000.00 |
| Total Award Amount: | $6,620,824.00 |
| State Portion of Award: | $2,374,413.00 |
EBE Bethune LLC - 210 Bethune Redevelopment Project
| Approval Date: | Jan 9, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,745,483.00 |
| Total Award Amount: | $636,183.00 |
| State Portion of Award: | $359,717.00 |
Oxford Perennial - Red Arrow Lofts
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $12,879,974.00 |
| Total Award Amount: | $1,146,793.00 |
| State Portion of Award: | $464,643.00 |
311 Grand River, LLC - Harmonie Social Club
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $12,129,740.00 |
| Total Award Amount: | $2,227,233.00 |
| State Portion of Award: | $1,944,499.00 |
Woodworth Investments, LLC - 123 N. Washington Street Redevelopment
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Owosso |
| Project Investment: | $3,286,928.00 |
| Total Award Amount: | $402,955.00 |
| State Portion of Award: | $248,139.00 |
215 EM Partners, LLC - 215 E Michigan Avenue
| Approval Date: | Oct 31, 2023 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $4,006,408.00 |
| Total Award Amount: | $242,823.00 |
| State Portion of Award: | $149,024.00 |
Clairmount Apartments LLC - The Clair
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $6,912,249.00 |
| Total Award Amount: | $461,250.00 |
| State Portion of Award: | $204,269.00 |
Holland Plaza Parking - Parking Deck Project
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Holland |
| Project Investment: | $60,953,000.00 |
| Total Award Amount: | $17,862,118.00 |
| State Portion of Award: | $9,120,397.00 |
NorthPoint Development, LLC - Warren Transmission Redevelopment Project
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Warren |
| Project Investment: | $240,000,000.00 |
| Total Award Amount: | $23,380,500.00 |
| State Portion of Award: | $9,181,715.00 |
655 Godfrey, LLC - Factory Yards Transformational Brownfield Plan
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $146,770,893.00 |
| Total Award Amount: | $102,989,119.00 |
| State Portion of Award: | $87,014,207.00 |
Veridea Group - FORMER KMART REDEVELOPMENT
| Approval Date: | Sep 26, 2023 |
|---|---|
| Location: | Menominee |
| Project Investment: | $23,500,000.00 |
| Total Award Amount: | $10,847,253.00 |
| State Portion of Award: | $4,133,888.00 |
Next Step of West Michigan - 101, 119, & 135 Garden St SE, 1417 & 1427 Jefferson Ave SE
| Approval Date: | Aug 28, 2023 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $3,900,000.00 |
| Total Award Amount: | $947,755.00 |
| State Portion of Award: | $478,955.00 |
Bagley Development Group - Former United Artists Theatre Building Redevelopment Project
| Approval Date: | Aug 22, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $12,329,636.00 |
| Total Award Amount: | $6,056,198.00 |
| State Portion of Award: | $5,321,135.00 |
W&S Development Partners, LLC - 415 Sheldon Ave SE
| Approval Date: | Aug 22, 2023 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $16,476,000.00 |
| Total Award Amount: | $816,273.00 |
| State Portion of Award: | $544,048.00 |
Huron State Bank - Huron State Bank Project
| Approval Date: | Aug 17, 2023 |
|---|---|
| Location: | Rogers City |
| Project Investment: | $820,187.00 |
| Total Award Amount: | $160,381.00 |
| State Portion of Award: | $101,453.00 |
Marigold Houses, LLC - 3200 Tyler Avenue Redevelopment Project
| Approval Date: | Aug 2, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,120,738.00 |
| Total Award Amount: | $464,130.00 |
| State Portion of Award: | $226,792.00 |
XYZ 20-01 DBH LLC - Danish Brotherhood Hall Redevelopment
| Approval Date: | Jul 31, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $8,240,134.00 |
| Total Award Amount: | $1,069,080.00 |
| State Portion of Award: | $383,158.00 |
Ashley Capital - Romulus Distribution Center Project
| Approval Date: | Jul 25, 2023 |
|---|---|
| Location: | Romulus |
| Project Investment: | $75,000,000.00 |
| Total Award Amount: | $10,605,737.00 |
| State Portion of Award: | $4,203,054.00 |