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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. 

  • 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 $515,630
      Projected Jobs:   4
      Projected Award Amount:   Up to $83,126
    Shoppes at Woodward LLC and University Cultural Center Association – Performance Based Grant
    • Approval Date:   September 28, 2016
      Location:   Detroit
      Project Investment:   Up to $5.80 million
      Projected Jobs:   37
      Projected Award Amount:   Up to $750,000
    Downtown Albion Hotel, LLC and Albion College – Performance Based Grant
    • Approval Date:   September 27, 2016
      Location:   Albion
      Project Investment:   Up to $9.59 million
      Projected Jobs:   20
      Projected Award Amount:   Up to $1.00 million
    Chamber Support Corporation and Shiawassee Regional Chamber of Commerce – Performance Based Grant
    • Approval Date:   September 27, 2016
      Location:   Owosso
      Project Investment:   Up to $4.74 million
      Projected Jobs:   10
      Projected Award Amount:   Up to $1.40 million
    Third & Grand LLC – Performance Based Other Economic Assistance
    • Approval Date:   September 27, 2016
      Location:   Detroit
      Project Investment:   Up to $54.62 million
      Projected Jobs:   55
      Projected Award Amount:   Up to $2.00 million
    Trident-Corktown, LLC and Trident Checker Historical LLC – Performance Based Other Economic Assistance
    • Approval Date:   September 27, 2016
      Location:   Detroit
      Project Investment:   Up to $43.82 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $6.90 million
    SVRC Industries, Incorporated – Performance Based Other Economic Assistance
    • Approval Date:   September 27, 2016
      Location:   Saginaw
      Project Investment:   Up to $19.85 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $3.48 million
    Diamond Place LLC – Performance Based Other Economic Assistance
    • Approval Date:   September 27, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $19.48 million
      Projected Jobs:   112
      Projected Award Amount:   Up to $2.83 million
    Inn on Water Street, LLC – Performance Based Grant
    • Approval Date:   September 23, 2016
      Location:   Marine City
      Project Investment:   Up to $3.55 million
      Projected Jobs:   15
      Projected Award Amount:   Up to $642,000
    601 West LLC – Performance Based Other Economic Assistance
    • Approval Date:   July 26, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $19.04 million
      Projected Jobs:   15
      Projected Award Amount:   Up to $2.90 million
    Cellar Brewing Co – Performance Based Grant
    • Approval Date:   July 25, 2016
      Location:   Sparta
      Project Investment:   Up to $1.62 million
      Projected Jobs:   19
      Projected Award Amount:   Up to $250,940
    River's Edge Partners, LLC – Performance Based Grant
    • Approval Date:   June 28, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $9.65 million
      Projected Jobs:   118
      Projected Award Amount:   Up to $750,000
    River Parc Place II, LLC – Performance Based Grant
    • Approval Date:   June 28, 2016
      Location:   Manistee
      Project Investment:   Up to $3.41 million
      Projected Jobs:   4
      Projected Award Amount:   Up to $636,680
    Peregrine PNC, LLC – Performance Based Grant
    • Approval Date:   May 24, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $4.50 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $750,000
    GS Entertainment, LLC – Performance Based Grant
    • Approval Date:   May 12, 2016
      Location:   Utica
      Project Investment:   Up to $1.81 million
      Projected Jobs:   0
      Projected Award Amount:   Up to $287,000