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 Apr 1, 2025.
SP Holding Company LLC - SP Holding Company, LLC Project
| Approval Date: | Apr 25, 2023 |
|---|---|
| Location: | Haslett |
| Project Investment: | $68,265,000.00 |
| Total Award Amount: | $2,350,073.00 |
| State Portion of Award: | $2,148,939.00 |
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: | $5,802,628.00 |
| State Portion of Award: | $5,123,891.00 |
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: | $28,522,360.00 |
| State Portion of Award: | $24,614,133.00 |
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: | $48,081,352.00 |
| State Portion of Award: | $44,504,443.00 |
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: | $165,744,832.00 |
| State Portion of Award: | $156,940,917.00 |
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: | $69,566,485.00 |
| State Portion of Award: | $63,704,169.00 |
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: | $21,757,098.00 |
| State Portion of Award: | $19,799,336.00 |
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: | $42,971,471.00 |
| State Portion of Award: | $40,427,978.00 |
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: | $171,707,937.00 |
| State Portion of Award: | $160,179,431.00 |
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: | $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 |
