Tuesday, September 19, 2006
Michael Shore, MEDC
Office Tower Restoration, Warehouse Expansion Creating 125 Jobs
Governor Jennifer M. Granholm today announced assistance for redevelopment projects in Detroit and Hazel Park expected to create as many as 125 jobs and involve nearly $46 million in private investment. The projects are receiving assistance provided by the Michigan Economic Development Corporation.
The redevelopment projects announced today:
- Hazel Park:State and local tax capture valued at $74,483 will help Capital Sales Company expand its warehouse, packaging and distribution operation at 1471 East Nine Mile Road by 38,000 square feet and hire 30 additional employees on total investment of $2 million. The project will also retain 30 jobs. Capital was awarded a separate brownfield tax credit of $200,000 for the project last December.
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