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The Michigan Economic Development Corporation today announced that the Michigan Strategic Fund has approved a $503,592 Michigan Community Revitalization Program incentive for the redevelopment of the historic Vogue Theatre in Manistee.
LANSING – The Michigan Economic Development Corporation today announced that the Michigan Strategic Fund has approved a $503,592 Michigan Community Revitalization Program incentive for the redevelopment of the historic Vogue Theatre in Manistee.
“The renovation of this historic theatre into a vibrant entertainment venue will bring new vitality to downtown Manistee and serve as a catalyst for further positive activity in the community,” said MEDC President and CEO Michael A. Finney.“We are pleased to support the efforts of the entire community in restoring the Vogue Theatre and bringing new life to the downtown area.”
The Historic Vogue Theatre of Manistee has been awarded a $503,592 Michigan Community Revitalization Program incentive to renovate the historic Vogue Theatre into a 900-seat movie theatre. The project will include renovating both the interior and exterior of the building, making structural improvements, installing new sound and lighting equipment and new seating, and improving the surrounding sidewalks. The project is expected to generate a total capital investment of approximately $2.4 million.
The City of Manistee Downtown Development Authority is offering support to the project valued at $308,250 in the form of land contribution, locally committed grants and low interest loans. The project has also received more than $127,000 in donations from residents and local businesses.
“The restoration and reopening of the Vogue Theatre will be a change agent for the Manistee community and this grant from the MEDC is the catalyst needed to make our vision and reality,” said Cyndy Fuller, Chair of the HVTM Board of Directors. “It is with the profound thanks of an entire community that we express our appreciation to the MEDC and the many staff throughout their organization that support our grant request.”
The Michigan Community Revitalization Program provides grants, loans, or other economic assistance of up to $10 million to projects that will revitalize regional urban areas, act as a catalyst for additional investment in a community, reuse vacant or historic buildings and promote mixed use and sustainable development.
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook Instagram LinkedIn, and Twitter.