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Michigan Community Revitalization Program Projects

  • The following projects have been approved by the Michigan Strategic Fund. This report was last updated on June 17, 2015.

    View previous fiscal year archived reports of projects approved by the Michigan Strategic Fund. 

  • The Corner Lender, LLC and Tiger Stadium Partners, LLC – Performance Based Loan
    • Approval Date:   July 25, 2017
      Location:   Detroit
      Project Investment:   Up to $27.29 million
      Projected Jobs:   150
      Projected Award Amount:   Up to $4.38 million
    TKJ Fenton L.L.C. – Performance Based Grant
    • Approval Date:   July 25, 2017
      Location:   Fenton
      Project Investment:   Up to $5.79 million
      Projected Jobs:   10
      Projected Award Amount:   Up to $543,743
    213 Development, LLC – Performance Based Loan
    • Approval Date:   June 27, 2017
      Location:   Bay City
      Project Investment:   Up to $10.72 million
      Projected Jobs:   44
      Projected Award Amount:   Up to $1.40 million
    213 Development, LLC – Performance Based Grant
    • Approval Date:   June 27, 2017
      Location:   Bay City
      Project Investment:   Up to $10.72 million
      Projected Jobs:   44
      Projected Award Amount:   Up to $1.00 million
    6402 Woodward Ave, LLC – Performance Based Grant
    • Approval Date:   June 15, 2017
      Location:   Detroit
      Project Investment:   Up to $6.83 million
      Projected Jobs:   13
      Projected Award Amount:   Up to $750,000
    SVRC Industries, Incorporated – Performance Based Loan
    • Approval Date:   April 25, 2017
      Location:   Saginaw
      Project Investment:   Up to $20.69 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $3.48 million
    Bridge and Stocking, L.L.C. – Performance Based Other Economic Assistance
    • Approval Date:   April 25, 2017
      Location:   Grand Rapids
      Project Investment:   Up to $55.62 million
      Projected Jobs:   130
      Projected Award Amount:   Up to $6.30 million
    City Modern 440 Alfred Street LLC and Brush Park Development Company Phase I LLC – Performance Based Loan
    • Approval Date:   March 28, 2017
      Location:   Detroit
      Project Investment:   Up to $43.07 million
      Projected Jobs:   26
      Projected Award Amount:   Up to $7.50 million
    AG Selden, LLC and Selden Partners, LLC – Performance Based Other Economic Assistance
    • Approval Date:   March 28, 2017
      Location:   Detroit
      Project Investment:   Up to $7.24 million
      Projected Jobs:   65
      Projected Award Amount:   Up to $1.00 million
    Skypoint Ventures, LLC and Flint Ferris Building, LLC – Performance Based Grant
    • Approval Date:   March 28, 2017
      Location:   Flint
      Project Investment:   Up to $5.14 million
      Projected Jobs:   10
      Projected Award Amount:   Up to $1.00 million
    Coe Van Dyke LLC – Performance Based Grant
    • Approval Date:   February 23, 2017
      Location:   Detroit
      Project Investment:   Up to $3.27 million
      Projected Jobs:   5
      Projected Award Amount:   Up to $730,933
    BGR Investments LLC and Big Boiler Brewing LLC – Performance Based Grant
    • Approval Date:   December 22, 2016
      Location:   Lowell
      Project Investment:   Up to $1.19 million
      Projected Jobs:   16
      Projected Award Amount:   Up to $193,200
    Exchange Building, LLC – Performance Based Other Economic Assistance
    • Approval Date:   December 20, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $52.69 million
      Projected Jobs:   83
      Projected Award Amount:   Up to $6.40 million
    Queen Lillian II, LLC – Performance Based Other Economic Assistance
    • Approval Date:   December 20, 2016
      Location:   Detroit
      Project Investment:   Up to $30.90 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $3.50 million
    Metropolitan Hotel Partners, LLC – Performance Based Loan
    • Approval Date:   November 22, 2016
      Location:   Detroit
      Project Investment:   Up to $34.06 million
      Projected Jobs:   30
      Projected Award Amount:   Up to $6.50 million
    Hinman Lake LLC – Performance Based Grant
    • Approval Date:   October 31, 2016
      Location:   Muskegon
      Project Investment:   Up to $2.60 million
      Projected Jobs:   2
      Projected Award Amount:   Up to $450,600
    Offsite Lake Drive, L.L.C. – Performance Based Other Economic Assistance
    • Approval Date:   October 25, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $11.94 million
      Projected Jobs:   2
      Projected Award Amount:   Up to $1.77 million
    Detroit Entrepreneur Development, LLC – Performance Based Loan
    • Approval Date:   October 25, 2016
      Location:   Jackson
      Project Investment:   Up to $5.39 million
      Projected Jobs:   39
      Projected Award Amount:   Up to $1.30 million
    216/220 WM, LLC – Performance Based Grant
    • Approval Date:   October 21, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $2.41 million
      Projected Jobs:   18
      Projected Award Amount:   Up to $387,147
    MidTown Lofts LLC – Performance Based Grant
    • Approval Date:   October 19, 2016
      Location:   Port Huron
      Project Investment:   Up to $432,504
      Projected Jobs:   4
      Projected Award Amount:   Up to $83,126