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 22, 2024.
Innovative Acquisitions LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,150,000,000.00 |
| Total Award Amount: | $62,960,391.00 |
| State Portion of Award: | $62,960,391.00 |
Expansion Unit 2 LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,150,000,000.00 |
| Total Award Amount: | $66,711,919.00 |
| State Portion of Award: | $66,711,919.00 |
Rosko Development Company LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,150,000,000.00 |
| Total Award Amount: | $295,537,657.00 |
| State Portion of Award: | $295,537,657.00 |
1208 Woodward LLC - Hudson's Site, Monroe Blocks, OCM Expansion, and Book Building/Tower Redev.
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,150,000,000.00 |
| Total Award Amount: | $192,809,200.00 |
| State Portion of Award: | $192,809,200.00 |
Wolverine Packing Company - Wolverine Packing Co. Redevelopment Project
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $40,000,000.00 |
| Total Award Amount: | $2,131,165.00 |
| State Portion of Award: | $865,069.00 |
Jackson Entertainment LLC - Jackson Entertainment LLC - Area 4 & 5
| Approval Date: | Apr 24, 2018 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $69,093,423.00 |
| Total Award Amount: | $30,377,630.00 |
| State Portion of Award: | $24,961,298.00 |
DeBoer Bakkerij LLC - DeBoer Bakkerij, LLC Redevelopment
| Approval Date: | Mar 21, 2018 |
|---|---|
| Location: | Holland |
| Project Investment: | $1,800,000.00 |
| Total Award Amount: | $151,326.00 |
| State Portion of Award: | $72,243.00 |
United Wholesale Mortgage - United Shore Development
| Approval Date: | Feb 27, 2018 |
|---|---|
| Location: | Pontiac |
| Project Investment: | $69,000,000.00 |
| Total Award Amount: | $1,900,145.00 |
| State Portion of Award: | $841,194.00 |
Y Site, LLC - Reutter Park Place Project
| Approval Date: | Feb 27, 2018 |
|---|---|
| Location: | Lansing |
| Project Investment: | $24,665,567.00 |
| Total Award Amount: | $1,400,500.00 |
| State Portion of Award: | $540,873.00 |
Gillespie Company, LLC - 2200 Block, LLC - Provident Place Redevelopment
| Approval Date: | Jan 19, 2018 |
|---|---|
| Location: | Lansing |
| Project Investment: | $7,003,575.00 |
| Total Award Amount: | $996,117.00 |
| State Portion of Award: | $356,610.00 |
Basco - 220 West Congress Street
| Approval Date: | Jan 19, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $6,168,000.00 |
| Total Award Amount: | $988,415.00 |
| State Portion of Award: | $988,415.00 |
Indeck Niles, LLC - Indeck Niles Energy Center Project
| Approval Date: | Dec 19, 2017 |
|---|---|
| Location: | Niles |
| Project Investment: | $967,172,000.00 |
| Total Award Amount: | $34,800,264.00 |
| State Portion of Award: | $6,241,039.00 |
The Original and Only Thompson Block, LLC - Thompson Block Redevelopment Project
| Approval Date: | Dec 19, 2017 |
|---|---|
| Location: | Ypsilanti |
| Project Investment: | $11,779,614.00 |
| Total Award Amount: | $1,265,799.00 |
| State Portion of Award: | $555,501.00 |
751 Griswold Detroit, LLC - 751 Griswold Street
| Approval Date: | Nov 28, 2017 |
|---|---|
| Location: | Detroit |
| Project Investment: | $6,201,096.00 |
| Total Award Amount: | $836,869.00 |
| State Portion of Award: | $836,869.00 |
Bagley Forest Property, LLC - 7.LIV
| Approval Date: | Nov 28, 2017 |
|---|---|
| Location: | Detroit |
| Project Investment: | $6,779,317.00 |
| Total Award Amount: | $989,765.00 |
| State Portion of Award: | $373,801.00 |
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 |
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 |
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 |
Grand Traverse County - Park Place Redevelopment Area
| Approval Date: | Sep 26, 2017 |
|---|---|
| Location: | Traverse City |
| Project Investment: | $4,730,000.00 |
| Total Award Amount: | $2,777,680.00 |
| 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 |