©2016 Michigan Economic Development Corporation

New Commercial Developments in Grand Rapids, Warren

Tuesday, June 19, 2007

Michael Shore, MEDC
(517) 335-4590

$28.8 Million Investments to Create, Retain 2,037 Jobs

Governor Jennifer M. Granholm today announced plans to support retail and commercial redevelopment projects in Grand Rapids and Warren that will attract more than $28.8 million in capital investment with the potential to retain 21 jobs and create as many as 2,016 new jobs. The brownfield redevelopments will benefit from assistance provide by the Michigan Economic Development Corporation.

The redevelopment projects announced today:

The brownfield redevelopments are among seven economic development projects Granholm announced today. In all, they are expected to create and retain a total of 2,868 Michigan jobs. Brownfield programs provide incentives to invest in property that has been used for industrial, commercial or residential purposes and to keep that property in productive use or return it to a productive use. Brownfield incentives can be used for functionally obsolete, blighted, or contaminated property.

st century. Since January 2005, the governor and the MEDC have announced the creation or retention of more than 190,000 jobs as a result of targeted assistance provided by the MEDC.

www.michigan.org.

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