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 Jul 17, 2018.

Market Avenue Place LLC - Market Avenue Place Project

Approval Date: Aug 23, 2016
Location: Grand Rapids
Project Investment: $56,500,000.00
Total Award Amount: $10,916,593.00
State Portion of Award: $5,595,846.00

Green Cane Property - Green Cane Property LLC Redevelopment

Approval Date: Aug 23, 2016
Location: Grand Rapids
Project Investment: $8,800,000.00
Total Award Amount: $729,525.00
State Portion of Award: $485,061.00

Ferndale Haus Lofts LLC - Ferndale Haus Lofts

Approval Date: Jul 26, 2016
Location: Ferndale
Project Investment: $17,915,159.00
Total Award Amount: $2,241,384.00
State Portion of Award: $937,401.00

601 West LLC - 601 West

Approval Date: Jul 26, 2016
Location: Grand Rapids
Project Investment: $19,040,500.00
Total Award Amount: $3,674,190.00
State Portion of Award: $1,890,003.00

Ashley Capital - Tri-County Commerce Center Project

Approval Date: Jun 28, 2016
Location: Hazel Park
Project Investment: $36,000,000.00
Total Award Amount: $5,751,200.00
State Portion of Award: $2,340,163.00

Strongback Properties, LLC - Strongback Four Corners Redevelopment

Approval Date: Jun 28, 2016
Location: Adrian
Project Investment: $1,620,313.00
Total Award Amount: $392,375.00
State Portion of Award: $361,291.00

River's Edge Partners, LLC - 600 East Michigan Avenue

Approval Date: Jun 28, 2016
Location: Kalamazoo
Project Investment: $9,654,434.00
Total Award Amount: $742,930.00
State Portion of Award: $281,793.00

City of Manistee - River Parc Project

Approval Date: Jun 28, 2016
Location: Manistee
Project Investment: $4,051,624.00
Total Award Amount: $2,980,685.00
State Portion of Award: $1,261,128.00

Spartan Motors, Inc. - Spartan Motors Expansion

Approval Date: May 24, 2016
Location: Charlotte
Project Investment: $6,650,000.00
Total Award Amount: $943,800.00
State Portion of Award: $398,021.00

Peregrine PNC, LLC - Peregrine PNC

Approval Date: May 24, 2016
Location: Kalamazoo
Project Investment: $4,501,360.00
Total Award Amount: $648,596.00
State Portion of Award: $238,618.00

Hamel Brennan Properties, LLC - Skypoint Ventures Redevelopment Project

Approval Date: May 5, 2016
Location: Fenton
Project Investment: $4,980,000.00
Total Award Amount: $323,663.00
State Portion of Award: $145,487.00

Grand Rapids Properties 1, LLC - GR RISE-Benson and Grand Avenue

Approval Date: Apr 26, 2016
Location: Grand Rapids
Project Investment: $53,763,059.00
Total Award Amount: $8,882,556.00
State Portion of Award: $4,562,969.00

GTW Depot, LLC - Depot Building Project

Approval Date: Mar 29, 2016
Location: Kalamazoo
Project Investment: $3,110,509.00
Total Award Amount: $145,050.00
State Portion of Award: $56,352.00

Bay City Hospitalities, LLC - 501 Saginaw

Approval Date: Mar 22, 2016
Location: Bay City
Project Investment: $6,727,000.00
Total Award Amount: $742,350.00
State Portion of Award: $442,366.00

Fulton Square LLC - Fulton Square

Approval Date: Mar 22, 2016
Location: Grand Rapids
Project Investment: $8,650,000.00
Total Award Amount: $837,598.00
State Portion of Award: $481,954.00

City of Boyne City - Lake Street Redevelopment Prj.

Approval Date: Mar 16, 2016
Location: Boyne City
Project Investment: $2,121,345.00
Total Award Amount: $107,949.00
State Portion of Award: $107,949.00

Stonehouse Village VI, LLC - Stonehouse Village VI Redevelopment

Approval Date: Feb 23, 2016
Location: East Lansing
Project Investment: $8,700,000.00
Total Award Amount: $1,443,165.00
State Portion of Award: $493,418.00

Offsite Lake Drive, L.L.C. - Kingsley Building

Approval Date: Dec 15, 2015
Location: Grand Rapids
Project Investment: $11,942,125.00
Total Award Amount: $1,648,060.00
State Portion of Award: $1,110,810.00

City of Boyne City - Dilworth Hotel

Approval Date: Dec 15, 2015
Location: Boyne City
Project Investment: $9,830,251.00
Total Award Amount: $253,884.00
State Portion of Award: $253,884.00

Packaging Specialties, Incorporated - Packaging Specialties Inc. Redev Prj

Approval Date: Nov 24, 2015
Location: Romulus
Project Investment: $5,600,000.00
Total Award Amount: $700,000.00
State Portion of Award: $330,680.00