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.

DEG Development Company, LLC - DEG Development

Approval Date: Oct 24, 2017
Location: Grand Rapids
Project Investment: $12,300,000.00
Total Award Amount: $1,121,407.00
State Portion of Award: $563,731.00

Palace Sports & Entertainment - Detroit Pistons Corporate Headquarters and Practice Facility Campus Project

Approval Date: Oct 24, 2017
Location: Detroit
Project Investment: $107,000,000.00
Total Award Amount: $15,981,327.00
State Portion of Award: $7,751,893.00

Iron Ridge Holdings LLC - Iron Ridge Development Project

Approval Date: Oct 24, 2017
Location: Ferndale
Project Investment: $32,019,626.00
Total Award Amount: $3,531,500.00
State Portion of Award: $1,466,657.00

Geenen DeKock Properties, L.L.C. - Geenen DeKock Properties LLC and West 8th Development LLC Redevelopment

Approval Date: Sep 26, 2017
Location: Holland
Project Investment: $40,000,000.00
Total Award Amount: $17,766,736.00
State Portion of Award: $8,407,219.00

CWD 50 Monroe, LLC - CWD Monroe LLC/50 Monroe

Approval Date: Sep 26, 2017
Location: Grand Rapids
Project Investment: $47,400,000.00
Total Award Amount: $2,274,235.00
State Portion of Award: $1,632,812.00

HB BM East Lansing, LLC - Center City District Redevelopment Project

Approval Date: Sep 26, 2017
Location: East Lansing
Project Investment: $126,603,899.00
Total Award Amount: $53,861,536.00
State Portion of Award: $18,393,714.00

George F. Eyde Family, LLC - Oliver Towers Redevelopment

Approval Date: Sep 26, 2017
Location: Lansing
Project Investment: $13,698,710.00
Total Award Amount: $967,796.00
State Portion of Award: $511,105.00

Grand Traverse County - Park Place Redevelopment Area

Approval Date: Sep 26, 2017
Location: Traverse City
Project Investment: $4,730,000.00
Total Award Amount: $277,680.00
State Portion of Award: $1,343,564.00

Bloomfield Village Owner, LLC - The Village at Bloomfield Redevelopment Project

Approval Date: Sep 26, 2017
Location: Pontiac
Project Investment: $122,668,041.00
Total Award Amount: $24,691,049.00
State Portion of Award: $11,529,007.00

PS383,LLC - 381/383 South Pitcher Street

Approval Date: Sep 22, 2017
Location: Kalamazoo
Project Investment: $2,200,000.00
Total Award Amount: $153,653.00
State Portion of Award: $63,582.00

Rivore Metals - Rivore Metals Developement Project

Approval Date: Sep 8, 2017
Location: Pontiac
Project Investment: $6,000,000.00
Total Award Amount: $750,000.00
State Portion of Award: $331,650.00

Heritage Place Development LLC - Heritage Place

Approval Date: Sep 1, 2017
Location: Grand Rapids
Project Investment: $13,000,000.00
Total Award Amount: $778,545.00
State Portion of Award: $391,375.00

City of Tecumseh - Revival Commons Redevelopment Project

Approval Date: Aug 22, 2017
Location: Tecumseh
Project Investment: $56,600,000.00
Total Award Amount: $1,447,584.00
State Portion of Award: $653,180.00

LorAnn Oils, Inc. - LorAnn Oils Redevelopment

Approval Date: Aug 1, 2017
Location: Lansing
Project Investment: $1,542,200.00
Total Award Amount: $148,000.00
State Portion of Award: $51,726.00

Banyan Investment, LLC - St. Charles School Project

Approval Date: Aug 1, 2017
Location: Detroit
Project Investment: $9,470,000.00
Total Award Amount: $929,369.00
State Portion of Award: $151,253.00

Auch 65 University, LLC - Pontiac East Gateway Redevelopment Project

Approval Date: Jul 25, 2017
Location: Pontiac
Project Investment: $9,544,044.00
Total Award Amount: $2,296,325.00
State Portion of Award: $1,093,510.00

United Hospitality Group East Lansing, LLC - 1100 Trowbridge Road

Approval Date: Jul 17, 2017
Location: East Lansing
Project Investment: $12,314,675.00
Total Award Amount: $975,250.00
State Portion of Award: $333,048.00

Tamarack Holdings - Food for Thought Center

Approval Date: Jul 11, 2017
Location: Traverse City
Project Investment: $4,800,000.00
Total Award Amount: $441,713.00
State Portion of Award: $272,979.00

ZFS Ithaca LLC - ZFS Ithaca LLC Ithaca Development

Approval Date: Jun 27, 2017
Location: Ithaca
Project Investment: $124,000,000.00
Total Award Amount: $12,200,000.00
State Portion of Award: $5,452,180.00

Wolf River Development, LLC - 409 on Nine Development

Approval Date: Jun 27, 2017
Location: Ferndale
Project Investment: $16,100,620.00
Total Award Amount: $2,423,410.00
State Portion of Award: $1,013,470.00