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 Apr 17, 2024.

280 Ann, LLC - 280 Ann, LLC

Approval Date: Feb 8, 2024
Location: Grand Rapids
Project Investment: $11,673,193.00
Total Award Amount: $420,987.00
State Portion of Award: $661,360.00

Fortescue Future Industries (FFI) - 601 Piquette Redevelopment Project

Approval Date: Jan 23, 2024
Location: Detroit
Project Investment: $210,000,000.00
Total Award Amount: $6,620,824.00
State Portion of Award: $2,374,413.00

EBE Bethune LLC - 210 Bethune Redevelopment Project

Approval Date: Jan 9, 2024
Location: Detroit
Project Investment: $2,745,483.00
Total Award Amount: $636,183.00
State Portion of Award: $359,717.00

Oxford Perennial - Red Arrow Lofts

Approval Date: Dec 12, 2023
Location: Detroit
Project Investment: $12,879,974.00
Total Award Amount: $1,146,793.00
State Portion of Award: $464,643.00

311 Grand River, LLC - Harmonie Social Club

Approval Date: Dec 12, 2023
Location: Detroit
Project Investment: $12,129,740.00
Total Award Amount: $2,227,233.00
State Portion of Award: $1,944,499.00

Woodworth Investments, LLC - 123 N. Washington Street Redevelopment

Approval Date: Dec 12, 2023
Location: Owosso
Project Investment: $3,286,928.00
Total Award Amount: $402,955.00
State Portion of Award: $248,139.00

215 EM Partners, LLC - 215 E Michigan Avenue

Approval Date: Oct 31, 2023
Location: Kalamazoo
Project Investment: $4,006,408.00
Total Award Amount: $242,823.00
State Portion of Award: $149,024.00

Clairmount Apartments LLC - The Clair

Approval Date: Oct 24, 2023
Location: Detroit
Project Investment: $6,912,249.00
Total Award Amount: $461,250.00
State Portion of Award: $204,269.00

Holland Plaza Parking - Parking Deck Project

Approval Date: Oct 24, 2023
Location: Holland
Project Investment: $60,953,000.00
Total Award Amount: $17,862,118.00
State Portion of Award: $9,120,397.00

NorthPoint Development, LLC - Warren Transmission Redevelopment Project

Approval Date: Oct 24, 2023
Location: Warren
Project Investment: $240,000,000.00
Total Award Amount: $23,380,500.00
State Portion of Award: $9,181,715.00

655 Godfrey, LLC - Factory Yards Transformational Brownfield Plan

Approval Date: Oct 24, 2023
Location: Grand Rapids
Project Investment: $146,770,893.00
Total Award Amount: $102,989,119.00
State Portion of Award: $87,014,207.00

Veridea Group - FORMER KMART REDEVELOPMENT

Approval Date: Sep 26, 2023
Location: Menominee
Project Investment: $23,500,000.00
Total Award Amount: $10,847,253.00
State Portion of Award: $4,133,888.00

Next Step of West Michigan - 101, 119, & 135 Garden St SE, 1417 & 1427 Jefferson Ave SE

Approval Date: Aug 28, 2023
Location: Grand Rapids
Project Investment: $3,900,000.00
Total Award Amount: $947,755.00
State Portion of Award: $478,955.00

Bagley Development Group - Former United Artists Theatre Building Redevelopment Project

Approval Date: Aug 22, 2023
Location: Detroit
Project Investment: $12,329,636.00
Total Award Amount: $6,056,198.00
State Portion of Award: $5,321,135.00

W&S Development Partners, LLC - 415 Sheldon Ave SE

Approval Date: Aug 22, 2023
Location: Grand Rapids
Project Investment: $16,476,000.00
Total Award Amount: $816,273.00
State Portion of Award: $544,048.00

Huron State Bank - Huron State Bank Project

Approval Date: Aug 17, 2023
Location: Rogers City
Project Investment: $820,187.00
Total Award Amount: $160,381.00
State Portion of Award: $101,453.00

Marigold Houses, LLC - 3200 Tyler Avenue Redevelopment Project

Approval Date: Aug 2, 2023
Location: Detroit
Project Investment: $2,120,738.00
Total Award Amount: $464,130.00
State Portion of Award: $226,792.00

XYZ 20-01 DBH LLC - Danish Brotherhood Hall Redevelopment

Approval Date: Jul 31, 2023
Location: Detroit
Project Investment: $8,240,134.00
Total Award Amount: $1,069,080.00
State Portion of Award: $383,158.00

Ashley Capital - Romulus Distribution Center Project

Approval Date: Jul 25, 2023
Location: Romulus
Project Investment: $75,000,000.00
Total Award Amount: $10,605,737.00
State Portion of Award: $4,203,054.00

Ore Dock Real Estate - Ore Dock Beer Garden Project

Approval Date: Jun 28, 2023
Location: Marquette
Project Investment: $7,816,456.00
Total Award Amount: $758,290.00
State Portion of Award: $352,605.00