Tuesday, July 15, 2003
Goal for Contaminated Property: 180 Residential Homes
Governor Jennifer M. Granholm announced today that the Michigan Economic Development Corporation (MEDC) has offered assistance to redevelop a contaminated brownfield site in Lansing. The former Boys Training School site will be rebuilt into a development of “step-up” housing for Lansing families.
“This redevelopment will convert an abandoned property into a residential center for Lansing families,” Granholm said. “This is exactly the type of project needed to help our core communities attract new residents and provide quality housing alternatives for existing residents.”
The project received approval today to capture up to $1,890,237 in state and local taxes that will be used for a variety of infrastructure and site preparation activities.
The property, located along East Saginaw Street, has been vacant for nearly 30 years. Mercury, selenium and arsenic contamination are present, and concrete rubble, asphalt debris and fill soil piles are prevalent. The MEDC awarded the city of Lansing a loan to purchase the property in 2001, as part of the city’s plan to assemble land for a new housing development.
“Today’s approval of the brownfield plan for the Boys Training School site is a major step forward and brings the city of Lansing much closer to construction of its first major new housing development in 40 years,” said Lansing Mayor Tony Benavides.
Burton-Katzman Development Company plans to invest more than $26 million in the site to create a neighborhood of 180 new homes. The project is expected to allow people with growing families and incomes to find larger, more modern homes within the city limits. Lansing city officials have long recognized such “step-up” housing as a key need for attracting and retaining residents.
“We are very excited to move ahead with this project in Lansing and are happy to see the brownfield issues being resolved with the support of the city and the Michigan Economic Development Corporation,” said Burton-Katzman Vice President of Development Bren Buckley.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.