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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 Dec 7, 2022.
Wilkinson Minerals - Wilkinson Minerals Redevelopment Project
| Approval Date: | Jan 25, 2022 |
|---|---|
| Location: | Bay City |
| Project Investment: | $164,000,000.00 |
| Total Award Amount: | $12,294,916.00 |
| State Portion of Award: | $4,918,442.00 |
3701 Lincoln, LLC - 3700 Trumbull Redevelopment Project
| Approval Date: | Jan 24, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | $20,989,741.00 |
| Total Award Amount: | $1,824,556.00 |
| State Portion of Award: | $192,481.00 |
1601 Madison LLC - 1601 Madison Redevelopment Project
| Approval Date: | Dec 21, 2021 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $12,800,000.00 |
| Total Award Amount: | $775,701.00 |
| State Portion of Award: | $603,992.00 |
900 W Leonard LLC - 900 W. Leonard Redevelopment Project
| Approval Date: | Dec 14, 2021 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $18,210,324.00 |
| Total Award Amount: | $1,464,405.00 |
| State Portion of Award: | $987,491.00 |
Ashley Capital - Livonia West Commerce Center 2 Redevelopment
| Approval Date: | Dec 7, 2021 |
|---|---|
| Location: | Livonia |
| Project Investment: | $32,000,000.00 |
| Total Award Amount: | $8,334,157.00 |
| State Portion of Award: | $3,689,531.00 |
City Growth Partners - Brush8 Townhomes
| Approval Date: | Nov 30, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $4,843,949.00 |
| Total Award Amount: | $230,365.00 |
| State Portion of Award: | $29,220.00 |
1727 Merrick Street Partners, LLC - 1727 Merrick Redevelopment Project
| Approval Date: | Nov 20, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $7,196,130.00 |
| Total Award Amount: | $733,919.00 |
| State Portion of Award: | $81,739.00 |
Hastings Michigan Ave, LLC - Hastings Michigan Ave Project
| Approval Date: | Nov 11, 2021 |
|---|---|
| Location: | Hastings |
| Project Investment: | $4,893,114.00 |
| Total Award Amount: | $137,000.00 |
| State Portion of Award: | $64,756.00 |
Detroit Black Community Food Security Network - Detroit Food Commons Redevelopment Project
| Approval Date: | Oct 26, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $16,940,894.00 |
| Total Award Amount: | $756,488.00 |
| State Portion of Award: | $509,634.00 |
Plazacorp Realty - 619 Porter Street
| Approval Date: | Oct 26, 2021 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $13,236,421.00 |
| Total Award Amount: | $1,322,240.00 |
| State Portion of Award: | $537,226.00 |
Ginosko Development Company - Lafayette West Project
| Approval Date: | Aug 24, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $133,108,443.00 |
| Total Award Amount: | $17,750,120.00 |
| State Portion of Award: | $5,034,365.00 |
Oxford Perennial Corktown PropCo, LLC - Corktown Mixed-Use Project
| Approval Date: | Aug 24, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $93,033,930.00 |
| Total Award Amount: | $16,012,220.00 |
| State Portion of Award: | $5,882,898.00 |
The Means Group - Means Logistics Park Redevelopment Project
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Highland Park |
| Project Investment: | $38,000,000.00 |
| Total Award Amount: | $14,780,961.00 |
| State Portion of Award: | $5,797,404.00 |
Sawmill Lofts, LLC - Sawmill Lofts
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Grayling |
| Project Investment: | $0.00 |
| Total Award Amount: | $1,283,389.00 |
| State Portion of Award: | $527,123.00 |
Contour Companies LLC - The Former Northland Mall Redevelopment Project
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Southfield |
| Project Investment: | $402,513,050.00 |
| Total Award Amount: | $61,458,035.00 |
| State Portion of Award: | $26,030,697.00 |
Gemini Capital Management V, LLC - 228 E. Saginaw Redevelopment Project
| Approval Date: | Jul 13, 2021 |
|---|---|
| Location: | Breckenridge |
| Project Investment: | $889,075.00 |
| Total Award Amount: | $165,792.00 |
| State Portion of Award: | $95,873.00 |
Whirlpool Corporation - Whirlpool Global Laundry & Dishwasher Technical Center
| Approval Date: | Jun 22, 2021 |
|---|---|
| Location: | St. Joseph |
| Project Investment: | $60,000,000.00 |
| Total Award Amount: | $4,327,923.00 |
| State Portion of Award: | $1,894,405.00 |
7303 West McNichols LLC - McNichols Redevelopment
| Approval Date: | May 25, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $10,441,789.00 |
| Total Award Amount: | $524,292.00 |
| State Portion of Award: | $228,537.00 |
The Pearl Building, LLC - The Pearl Building Redevelopment Project
| Approval Date: | May 7, 2021 |
|---|---|
| Location: | Howell |
| Project Investment: | $1,737,214.00 |
| Total Award Amount: | $359,964.00 |
| State Portion of Award: | $155,655.00 |
266 Michigan Ave Kalamazoo, LLC - 266 E. Michigan Avenue
| Approval Date: | Apr 20, 2021 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $3,146,577.00 |
| Total Award Amount: | $80,000.00 |
| State Portion of Award: | $31,946.00 |
