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