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 Nov 20, 2024.
Fisher 21 LLC - Former Fisher Body Plant Redevelopment Project
| Approval Date: | Oct 22, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $153,277,963.00 |
| Total Award Amount: | $21,383,870.00 |
| State Portion of Award: | $8,734,425.00 |
City of Wyoming BRA - 36th Street Marketplace Project
| Approval Date: | Oct 1, 2024 |
|---|---|
| Location: | Wyoming |
| Project Investment: | $6,123,783.00 |
| Total Award Amount: | $1,549,000.00 |
| State Portion of Award: | $611,704.00 |
TST OF PORTAGE, LLC - TST Portage, LLC
| Approval Date: | Sep 11, 2024 |
|---|---|
| Location: | Portage |
| Project Investment: | $9,334,162.00 |
| Total Award Amount: | $954,493.00 |
| State Portion of Award: | $428,193.00 |
Hunter Pasteur Homes - The Downs Redevelopment Project
| Approval Date: | Aug 27, 2024 |
|---|---|
| Location: | Northville |
| Project Investment: | $14,080,297.00 |
| Total Award Amount: | $14,080,297.00 |
| State Portion of Award: | $2,083,563.00 |
City of Grand Rapids - Grand Rapids Amphitheater and Soccer Stadium, Mixed-Use Project
| Approval Date: | Aug 27, 2024 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $701,021,977.00 |
| Total Award Amount: | $252,357,792.00 |
| State Portion of Award: | $209,104,003.00 |
9450 Amsterdam, LLC - 450 Amsterdam
| Approval Date: | Aug 15, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $26,579,066.00 |
| Total Award Amount: | $1,957,805.00 |
| State Portion of Award: | $780,747.00 |
Broadway Detroit Development II, LLC - 1322, 1326, 1332 Broadway Street
| Approval Date: | Jul 9, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $37,866,900.00 |
| Total Award Amount: | $3,455,600.00 |
| State Portion of Award: | $3,455,600.00 |
19 Props, LLC - Ironworks 39, LLC - Arcadia Lofts (CRP RPF/TIF) FY 24
| Approval Date: | May 21, 2024 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $32,716,146.00 |
| Total Award Amount: | $912,111.00 |
| State Portion of Award: | $401,902.00 |
Maple Block Flats LLC - Maple Block Flats Project
| Approval Date: | Apr 16, 2024 |
|---|---|
| Location: | Petoskey |
| Project Investment: | $49,373,533.00 |
| Total Award Amount: | $8,500,353.00 |
| State Portion of Award: | $3,670,646.00 |
Henry Ford Health - The Future of Health Transformational Brownfield Plan
| Approval Date: | Apr 16, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $773,000,000.00 |
| Total Award Amount: | $231,774,802.00 |
| State Portion of Award: | $158,374,083.00 |
280 Ann, LLC - 280 Ann Street Redevelopment
| Approval Date: | Feb 8, 2024 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $11,673,193.00 |
| Total Award Amount: | $661,360.00 |
| State Portion of Award: | $420,987.00 |
Fortescue Future Industries (FFI) - 601 Piquette Redevelopment Project
| Approval Date: | Jan 23, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $210,000,000.00 |
| Total Award Amount: | $6,620,824.00 |
| State Portion of Award: | $2,374,413.00 |
EBE Bethune LLC - 210 Bethune Redevelopment Project
| Approval Date: | Jan 9, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,745,483.00 |
| Total Award Amount: | $636,183.00 |
| State Portion of Award: | $359,717.00 |
Woodworth Investments, LLC - 123 N. Washington Street Redevelopment
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Owosso |
| Project Investment: | $3,286,928.00 |
| Total Award Amount: | $402,955.00 |
| State Portion of Award: | $248,139.00 |
Oxford Perennial - Red Arrow Lofts
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $12,879,974.00 |
| Total Award Amount: | $1,146,793.00 |
| State Portion of Award: | $464,643.00 |
215 EM Partners, LLC - 215 E Michigan Avenue
| Approval Date: | Oct 31, 2023 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $4,006,408.00 |
| Total Award Amount: | $242,823.00 |
| State Portion of Award: | $149,024.00 |
Clairmount Apartments LLC - The Clair
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | $6,912,249.00 |
| Total Award Amount: | $461,250.00 |
| State Portion of Award: | $204,269.00 |
655 Godfrey, LLC - Factory Yards Transformational Brownfield Plan
| Approval Date: | Oct 24, 2023 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $146,770,893.00 |
| Total Award Amount: | $102,989,119.00 |
| State Portion of Award: | $87,014,207.00 |
Veridea Group - FORMER KMART REDEVELOPMENT
| Approval Date: | Sep 26, 2023 |
|---|---|
| Location: | Menominee |
| Project Investment: | $23,500,000.00 |
| Total Award Amount: | $10,847,253.00 |
| State Portion of Award: | $4,133,888.00 |
Next Step of West Michigan - 101, 119, & 135 Garden St SE, 1417 & 1427 Jefferson Ave SE
| Approval Date: | Aug 28, 2023 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $3,900,000.00 |
| Total Award Amount: | $947,755.00 |
| State Portion of Award: | $478,955.00 |