©2017 Michigan Economic Development Corporation

About MEDC

PM About Gradient

Brownfield Tax Increment Financing Projects

  • Brownfield Tax Increment Financing Projects

    As of July 13, 2016, the following Brownfield Tax Increment Financing (TIF) projects have been approved by the Michigan Strategic Fund. These projects could contain other MSF support. 

    Click here for more information on Brownfield Redevelopment and TIF. 

  • Ferrous Metal Processing – Ferrous CAL Redevelopment Project
    • Approval Date:   June 08, 2015
      Location:   Gibraltar
      Projected Investment:   $50,200,000
      Tax Increment Revenue:   $4,511,454
      Taxes Levied for School Operating Purposes:   $1,985,040
    Dürr Systems Inc. – Durr Corporate Headquarters
    • Approval Date:   June 08, 2015
      Location:   Southfield
      Projected Investment:   $30,100,000
      Tax Increment Revenue:   $4,887,366
      Taxes Levied for School Operating Purposes:   $2,497,261
    Dart Bank – Dart Bank Headquarters
    • Approval Date:   June 08, 2015
      Location:   Mason
      Projected Investment:   $8,000,000
      Tax Increment Revenue:   $1,105,875
      Taxes Levied for School Operating Purposes:   $451,418
    Waters Building LLC – Waters Building Redevelopment
    • Approval Date:   June 08, 2015
      Location:   Grand Rapids
      Projected Investment:   $33,418,515
      Tax Increment Revenue:   $2,645,110
      Taxes Levied for School Operating Purposes:   $2,212,635
    616 Lofts – Lofts on Alabama
    • Approval Date:   June 08, 2015
      Location:   Grand Rapids
      Projected Investment:   $20,000,000
      Tax Increment Revenue:   $2,825,200
      Taxes Levied for School Operating Purposes:   $1,610,525
    Moso Village, LLC – Moso Village Project
    • Approval Date:   April 28, 2015
      Location:   Sturgis
      Projected Investment:   $6,693,668
      Tax Increment Revenue:   $1,969,950
      Taxes Levied for School Operating Purposes:   $925,680
    Michigan State University – MSU Research Center
    • Approval Date:   April 28, 2015
      Location:   Grand Rapids
      Projected Investment:   $88,000,000
      Tax Increment Revenue:   $28,880,350
      Taxes Levied for School Operating Purposes:   $14,835,836
    Landaal Packaging Systems – Landaal Packaging Systems
    • Approval Date:   April 21, 2015
      Location:   Bay City
      Projected Investment:   $5,528,314
      Tax Increment Revenue:   $495,100
      Taxes Levied for School Operating Purposes:   $200,070
    Great Lakes Physical Medicine & Rehabiliation LLC – Great Lakes Physical Med & Rehab
    • Approval Date:   April 10, 2015
      Location:   Wyandotte
      Projected Investment:   $3,016,623
      Tax Increment Revenue:   $481,693
      Taxes Levied for School Operating Purposes:   $197,580
    PDRM, LLC – Mack Athletic Complex
    • Approval Date:   April 02, 2015
      Location:   Detroit
      Projected Investment:   $1,021,297
      Tax Increment Revenue:   $1,009,833
      Taxes Levied for School Operating Purposes:   $382,727
    St Marys Cement Incorporated (U.S.) – St. Marys Cement
    • Approval Date:   March 24, 2015
      Location:   Charlevoix
      Projected Investment:   $130,000,000
      Tax Increment Revenue:   $4,133,214
      Taxes Levied for School Operating Purposes:   $3,104,457
    City of Marquette – DLP Marquette General Hospital
    • Approval Date:   February 24, 2015
      Location:   Marquette
      Projected Investment:   $170,000,000
      Tax Increment Revenue:   $55,763,061
      Taxes Levied for School Operating Purposes:   $31,455,943
    Cedar Springs Brewing Company, LLC – Cedar Springs Brewing Co
    • Approval Date:   February 18, 2015
      Location:   Cedar Springs
      Projected Investment:   $1,564,570
      Tax Increment Revenue:   $56,800
      Taxes Levied for School Operating Purposes:   $25,622
    City of Alpena – Alpena Holiday Inn Express
    • Approval Date:   January 27, 2015
      Location:   Alpena
      Projected Investment:   $8,252,565
      Tax Increment Revenue:   $1,278,250
      Taxes Levied for School Operating Purposes:   $813,619