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 Oct 16, 2018.

400 Monroe Associates - 640 Temple Redevelopment Project

Approval Date: Sep 25, 2018
Location: Detroit
Project Investment: $67,679,658.00
Total Award Amount: $4,957,402.00
State Portion of Award: $3,760,685.00

Plazacorp Realty - 400 Bryant Street Project

Approval Date: Sep 25, 2018
Location: Kalamazoo
Project Investment: $9,274,576.00
Total Award Amount: $1,549,178.00
State Portion of Award: $658,091.00

Kincaid Henry Building Group, Inc - 449 Bridge Street Development, LLC

Approval Date: Aug 28, 2018
Location: Grand Rapids
Project Investment: $10,382,335.00
Total Award Amount: $1,494,133.00
State Portion of Award: $761,560.00

Uptown Reinvestment Corporation, Inc. - Downtown Flint Hotel

Approval Date: Aug 28, 2018
Location: Flint
Project Investment: $37,982,531.00
Total Award Amount: $2,281,166.00
State Portion of Award: $1,313,039.00

400 Rose, LLC - 400 Rose St. Development

Approval Date: Jun 26, 2018
Location: Kalamazoo
Project Investment: $25,558,576.00
Total Award Amount: $3,632,517.00
State Portion of Award: $1,390,528.00

Wolverine Packing Company - Wolverine Packing Co. Redevelopment Project

Approval Date: May 22, 2018
Location: Detroit
Project Investment: $40,000,000.00
Total Award Amount: $2,131,165.00
State Portion of Award: $865,069.00

Morningside Lower Town, LLC - 1140 Broadway Street Project

Approval Date: May 22, 2018
Location: Ann Arbor
Project Investment: $213,000,000.00
Total Award Amount: $5,204,760.00
State Portion of Award: $1,971,405.00

Innovative Acquisitions LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev

Approval Date: May 22, 2018
Location: Detroit
Project Investment: $2,150,000,000.00
Total Award Amount: $62,960,391.00
State Portion of Award: $62,960,391.00

Expansion Unit 2 LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev

Approval Date: May 22, 2018
Location: Detroit
Project Investment: $2,150,000,000.00
Total Award Amount: $66,711,919.00
State Portion of Award: $66,711,919.00

Rosko Development Company LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev

Approval Date: May 22, 2018
Location: Detroit
Project Investment: $2,150,000,000.00
Total Award Amount: $295,537,657.00
State Portion of Award: $295,537,657.00

1208 Woodward LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev.

Approval Date: May 22, 2018
Location: Detroit
Project Investment: $2,150,000,000.00
Total Award Amount: $192,809,200.00
State Portion of Award: $192,809,200.00

Jackson Entertainment LLC - Jackson Entertainment LLC - Area 4 & 5

Approval Date: Apr 24, 2018
Location: Grand Rapids
Project Investment: $69,093,423.00
Total Award Amount: $30,377,630.00
State Portion of Award: $24,961,298.00

DeBoer Bakkerij LLC - DeBoer Bakkerij, LLC Redevelopment

Approval Date: Mar 21, 2018
Location: Holland
Project Investment: $1,800,000.00
Total Award Amount: $151,326.00
State Portion of Award: $72,243.00

United Shore Financial Services, LLC - United Shore Developement

Approval Date: Feb 27, 2018
Location: Pontiac
Project Investment: $69,000,000.00
Total Award Amount: $1,900,145.00
State Portion of Award: $841,194.00

Gillespie Company, LLC - 2200 Block, LLC - Provident Place Redevelopment

Approval Date: Jan 19, 2018
Location: Lansing
Project Investment: $7,003,575.00
Total Award Amount: $996,117.00
State Portion of Award: $356,610.00

Basco - 220 West Congress Street

Approval Date: Jan 19, 2018
Location: Detroit
Project Investment: $6,168,000.00
Total Award Amount: $988,415.00
State Portion of Award: $988,415.00

Indeck Niles, LLC - Indeck Niles Energy Center Project

Approval Date: Dec 19, 2017
Location: Niles
Project Investment: $967,172,000.00
Total Award Amount: $34,800,264.00
State Portion of Award: $6,239,687.00

The Original and Only Thompson Block, LLC - Thompson Block Redevelopment Project

Approval Date: Dec 19, 2017
Location: Ypsilanti
Project Investment: $11,779,614.00
Total Award Amount: $1,265,799.00
State Portion of Award: $555,501.00

751 Griswold Detroit, LLC - 751 Griswold Street

Approval Date: Nov 28, 2017
Location: Detroit
Project Investment: $6,201,096.00
Total Award Amount: $836,869.00
State Portion of Award: $836,869.00

Bagley Forest Property, LLC - 7.LIV

Approval Date: Nov 28, 2017
Location: Detroit
Project Investment: $6,779,317.00
Total Award Amount: $989,765.00
State Portion of Award: $373,801.00