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 31, 2024.

Olympia Development of Michigan - The District Detroit Transformational Brownfield Plan

Approval Date: Apr 25, 2023
Location: Detroit
Project Investment: $1,533,325,486.00
Total Award Amount: $37,820,460.00
State Portion of Award: $32,762,501.00

Olympia Development of Michigan - The District Detroit Transformational Brownfield Plan

Approval Date: Apr 25, 2023
Location: Detroit
Project Investment: $1,533,325,486.00
Total Award Amount: $22,990,286.00
State Portion of Award: $19,581,044.00

Lofts on Grove Holdings, LLC - Lofts on Grove

Approval Date: Apr 11, 2023
Location: Grand Rapids
Project Investment: $24,380,136.00
Total Award Amount: $913,500.00
State Portion of Award: $631,933.00

Sartorius BioAnalytical Instruments, Inc. - 3874 Research Drive Project

Approval Date: Mar 28, 2023
Location: Ann Arbor
Project Investment: $57,000,000.00
Total Award Amount: $2,592,813.00
State Portion of Award: $975,600.00

Albion Reinvestment Corporation - 101-119 S. Superior Street

Approval Date: Mar 28, 2023
Location: Albion
Project Investment: $7,909,500.00
Total Award Amount: $1,503,880.00
State Portion of Award: $806,850.00

Bogan Developments, LLC - 315 Frank Street Live Work

Approval Date: Mar 28, 2023
Location: Kalamazoo
Project Investment: $3,545,000.00
Total Award Amount: $405,469.00
State Portion of Award: $159,578.00

WB Vacation Properties, LLC - 340 W. Main Street Redevelopment

Approval Date: Mar 3, 2023
Location: Ionia
Project Investment: $679,000.00
Total Award Amount: $104,384.00
State Portion of Award: $70,048.00

Ashley Capital - Metro 94 Commerce Center Redevelopment Project

Approval Date: Feb 28, 2023
Location: Taylor
Project Investment: $40,000,000.00
Total Award Amount: $5,435,284.00
State Portion of Award: $1,928,439.00

120 E. Superior, LLC - 116-120 E. Superior Street Redevelopment Project

Approval Date: Feb 28, 2023
Location: Alma
Project Investment: $2,778,695.00
Total Award Amount: $686,707.00
State Portion of Award: $374,689.00

3131 Biddle Redevelopment, LLC - The Federal Building Redevelopment Project

Approval Date: Feb 28, 2023
Location: Wyandotte
Project Investment: $9,859,683.00
Total Award Amount: $2,392,053.00
State Portion of Award: $1,389,849.00

Adelaide Pointe QOZB, LLC - Adelaide Pointe QOZB, LLC Project

Approval Date: Feb 28, 2023
Location: Muskegon
Project Investment: $85,000,000.00
Total Award Amount: $32,480,452.00
State Portion of Award: $14,346,616.00

Commonwealth Associates, Inc. - Project Vault

Approval Date: Feb 15, 2023
Location: Jackson
Project Investment: $4,264,651.00
Total Award Amount: $1,041,847.00
State Portion of Award: $402,986.00

Renovare Ypsilanti Homes, LLC - 220 North Park Street

Approval Date: Feb 2, 2023
Location: Ypsilanti
Project Investment: $12,995,250.00
Total Award Amount: $2,703,556.00
State Portion of Award: $232,614.00

City of Monroe - 1284 and 1248 North Telegraph Road Project

Approval Date: Dec 13, 2022
Location: Monroe
Project Investment: $60,000,000.00
Total Award Amount: $6,576,211.00
State Portion of Award: $2,699,779.00

RainCheck Development, LLC - 40 Hague Redevelopment

Approval Date: Dec 13, 2022
Location: Detroit
Project Investment: $8,159,970.00
Total Award Amount: $653,032.00
State Portion of Award: $239,928.00

Marywood Motherhouse, LLC - Academy Manor Project

Approval Date: Dec 11, 2022
Location: Grand Rapids
Project Investment: $31,749,253.00
Total Award Amount: $1,406,710.00
State Portion of Award: $699,442.00

Chelsea Rockwell, LLC - Rockwell Building Development

Approval Date: Oct 25, 2022
Location: Chelsea
Project Investment: $7,342,179.00
Total Award Amount: $240,301.00
State Portion of Award: $239,891.00

411 PIQUETTE LLC - 411 Piquette Project

Approval Date: Sep 27, 2022
Location: Detroit
Project Investment: $40,420,468.00
Total Award Amount: $1,356,355.00
State Portion of Award: $882,821.00

The Hinman Company - Tall Timbers

Approval Date: Sep 7, 2022
Location: Portage
Project Investment: $48,564,252.00
Total Award Amount: $11,169,681.00
State Portion of Award: $4,749,348.00

Neogen Corporation - Neogen Expansion Brownfield Redevelopment Project

Approval Date: Aug 23, 2022
Location: LANSING
Project Investment: $208,058,000.00
Total Award Amount: $4,844,090.00
State Portion of Award: $1,576,751.00