Brownfield Tax Increment Financing Projects

See the listing of Brownfield TIF projects that have been approved for this calendar year by the MSF Board.

Brownfield Tax Increment Financing Projects

The following Brownfield Tax Increment Financing (TIF) projects have been approved by the Michigan Strategic Fund. These projects could contain other MSF support

The Report was last updated on Jan 24, 2026.

Monarch Associates, LLC - OddFellows Building

Approval Date: Jan 15, 2026
Location: Midland
Project Investment: $2,792,867.00
Total Award Amount: $597,681.00
State Portion of Award: $295,817.00

PlazaCorp Realty Advisors, Inc. - Plazacorp Kalamazoo Transformational Brownfield Plan

Approval Date: Dec 22, 2025
Location: Kalamazoo
Project Investment: $96,513,695.00
Total Award Amount: $54,603,986.00
State Portion of Award: $44,287,325.00

Fulmar Development Partners, LLC - Project GR RIverfront

Approval Date: Dec 22, 2025
Location: Grand Rapids
Project Investment: $795,829,626.00
Total Award Amount: $560,899,268.00
State Portion of Award: $431,088,494.00

Ashley Capital - Flint Commerce Center Redevelopment Project, Buildings 2 and 4-7

Approval Date: Dec 9, 2025
Location: Flint
Project Investment: $375,000,000.00
Total Award Amount: $46,041,052.00
State Portion of Award: $16,708,581.00

A2 ZEEB HOLDINGS, LLC - 300 North Zeeb Road

Approval Date: Dec 8, 2025
Location: Ann Arbor
Project Investment: $0.00
Total Award Amount: $2,186,300.00
State Portion of Award: $1,555,613.00

Dionysus 2020, LLC -

Approval Date: Dec 5, 2025
Location: Cheboygan
Project Investment: $522,859.00
Total Award Amount: $59,904.00
State Portion of Award: $30,103.00

Rycaco Development, LLC -

Approval Date: Oct 8, 2025
Location: Southfield
Project Investment: $16,200,000.00
Total Award Amount: $824,070.00
State Portion of Award: $273,632.00

SCO Bay Valley Resort, LLC - Bay Valley Resort

Approval Date: Sep 30, 2025
Location: Bay City
Project Investment: $14,163,000.00
Total Award Amount: $2,436,087.00
State Portion of Award: $1,384,375.00

The Rienks Group, LLC - Wounded Minnow

Approval Date: Aug 19, 2025
Location: Dowagiac
Project Investment: $2,127,667.00
Total Award Amount: $354,110.00
State Portion of Award: $139,977.00

Shaw Walker Opportunity Zone Business 1, LLC - Shaw Walker Mixed-Use Transformational Brownfield Plan

Approval Date: Apr 22, 2025
Location: Muskegon
Project Investment: $221,335,800.00
Total Award Amount: $159,598,389.00
State Portion of Award: $112,882,512.00

Middlepointe Investment Group, LLC - Middlepointe Redevelopment Project Transformational Brownfield Plan

Approval Date: Apr 22, 2025
Location: Southfield
Project Investment: $209,552,970.00
Total Award Amount: $131,822,436.00
State Portion of Award: $93,463,504.00

Emily Ree LLC - 245 N. Third Street Redevelopment

Approval Date: Mar 26, 2025
Location: Rogers City
Project Investment: $1,106,208.00
Total Award Amount: $186,803.00
State Portion of Award: $116,399.00

Hayes Block, L.L.C. - 106 and 108 E. Erie Street

Approval Date: Mar 14, 2025
Location: Albion
Project Investment: $2,289,068.00
Total Award Amount: $528,625.00
State Portion of Award: $310,283.00

ULTREIA, LLC - 16131 East Warren Redevelopment Project

Approval Date: Feb 4, 2025
Location: Detroit
Project Investment: $3,199,524.00
Total Award Amount: $536,642.00
State Portion of Award: $239,491.00

Pontiac OZ 1 LLC - The Exchange Mixed-Use Development

Approval Date: Jan 28, 2025
Location: Pontiac
Project Investment: $105,642,860.00
Total Award Amount: $79,232,145.00
State Portion of Award: $70,112,569.00

New Vision Lansing, LLC - New Vision Lansing

Approval Date: Jan 28, 2025
Location: Lansing
Project Investment: $316,737,458.00
Total Award Amount: $202,225,217.00
State Portion of Award: $133,596,088.00

91/99 Arthur Development Company, LLC - 91 Arthur Street Redevelopment Project

Approval Date: Jan 22, 2025
Location: Manistee
Project Investment: $2,219,900.00
Total Award Amount: $769,304.00
State Portion of Award: $326,632.00

Gemini Capital Management IX, LLC - 311 E. Superior Redevelopment Project

Approval Date: Jan 12, 2025
Location: Alma
Project Investment: $1,899,921.00
Total Award Amount: $646,295.00
State Portion of Award: $363,873.00

BENTELER Automotive Corporation - Benteler Development at 4011 Stafford Ave SW Project

Approval Date: Dec 10, 2024
Location: Wyoming
Project Investment: $105,000,000.00
Total Award Amount: $1,573,000.00
State Portion of Award: $395,142.00

Talbot Bridge, LLC - Talbot Bridge, LLC

Approval Date: Dec 10, 2024
Location: Grand Rapids
Project Investment: $31,736,933.00
Total Award Amount: $3,556,026.00
State Portion of Award: $2,220,353.00