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 21, 2020.
Queen Lillian II, LLC - The Mondrian at Midtown Project
| Approval Date: | Dec 20, 2016 |
|---|---|
| Location: | Detroit |
| Project Investment: | $0.00 |
| Total Award Amount: | $4,040,104.00 |
| State Portion of Award: | $1,531,199.00 |
Exchange Building, LLC - The Exchange
| Approval Date: | Dec 20, 2016 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $52,691,371.00 |
| Total Award Amount: | $7,664,828.00 |
| State Portion of Award: | $3,146,412.00 |
Plazacorp Realty - 216/220 West Michigan
| Approval Date: | Oct 21, 2016 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $2,409,138.00 |
| Total Award Amount: | $160,958.00 |
| State Portion of Award: | $66,073.00 |
City of Ferndale - Axle Brewing Company
| Approval Date: | Oct 20, 2016 |
|---|---|
| Location: | Ferndale |
| Project Investment: | $2,800,000.00 |
| Total Award Amount: | $212,503.00 |
| State Portion of Award: | $88,874.00 |
Diamond Place LLC - Diamond Place
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $19,478,507.00 |
| Total Award Amount: | $9,911,500.00 |
| State Portion of Award: | $5,100,458.00 |
Cargill, Incorporated - City of Owosso Infrastructure
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Owosso |
| Project Investment: | $13,700,000.00 |
| Total Award Amount: | $2,787,241.00 |
| State Portion of Award: | $1,292,165.00 |
Third & Grand LLC - Third & Grand Redevelopment
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Detroit |
| Project Investment: | $54,615,786.00 |
| Total Award Amount: | $15,101,616.00 |
| State Portion of Award: | $6,741,361.00 |
Chamber Support Corporation -
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Owosso |
| Project Investment: | $4,272,778.00 |
| Total Award Amount: | $394,650.00 |
| State Portion of Award: | $179,092.00 |
Inn on Water Street, LLC - Inn on Water Street
| Approval Date: | Sep 23, 2016 |
|---|---|
| Location: | Marine City |
| Project Investment: | $3,549,007.00 |
| Total Award Amount: | $216,800.00 |
| State Portion of Award: | $83,490.00 |
Quimby Corner LLC - Quimby Corner LLC
| Approval Date: | Sep 8, 2016 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $11,310,000.00 |
| Total Award Amount: | $425,725.00 |
| State Portion of Award: | $203,071.00 |
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 |
The Shyft Group (fka Spartan Motors) - 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 |
