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.
Petit Bateau, LLC - Petit Bateau Development Project
| Approval Date: | Mar 4, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $0.00 |
| Total Award Amount: | $604,714.00 |
| State Portion of Award: | $247,167.00 |
Gemini Capital Management V, LLC - 313 N. State Street Redevelopment Project
| Approval Date: | Feb 23, 2021 |
|---|---|
| Location: | Alma |
| Project Investment: | $1,592,842.00 |
| Total Award Amount: | $303,348.00 |
| State Portion of Award: | $200,258.00 |
Towers on River, LLC - Towers on River, LLC
| Approval Date: | Feb 23, 2021 |
|---|---|
| Location: | Holland |
| Project Investment: | $26,895,672.00 |
| Total Award Amount: | $5,209,550.00 |
| State Portion of Award: | $2,215,901.00 |
Godfrey Detroit PropCo, LLC - Godfrey Hotel Redevelopment Project
| Approval Date: | Feb 23, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | $74,145,042.00 |
| Total Award Amount: | $5,169,071.00 |
| State Portion of Award: | $1,899,117.00 |
City of Ludington - Haskell Building/Lofts on Rowe Redevelopment
| Approval Date: | Jan 26, 2021 |
|---|---|
| Location: | Ludington |
| Project Investment: | $12,788,712.00 |
| Total Award Amount: | $3,128,581.00 |
| State Portion of Award: | $1,554,279.00 |
Peerless Caddis, LLC - Peerless Flats Project
| Approval Date: | Jan 26, 2021 |
|---|---|
| Location: | Grand Haven |
| Project Investment: | $24,750,000.00 |
| Total Award Amount: | $2,599,827.00 |
| State Portion of Award: | $1,378,865.00 |
The Wrigley Center Master Tenant, L.L.C. - Wrigley Center Development Project
| Approval Date: | Dec 8, 2020 |
|---|---|
| Location: | Port Huron |
| Project Investment: | $12,950,770.00 |
| Total Award Amount: | $1,670,650.00 |
| State Portion of Award: | $689,143.00 |
NorthPoint Development, LLC - Former Cadillac Stamping Plant Redevelopment Project
| Approval Date: | Dec 8, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $47,943,883.00 |
| Total Award Amount: | $7,989,528.00 |
| State Portion of Award: | $3,330,293.00 |
Locker & Locker Properties, LLC - Locker & Locker Properties, LLC
| Approval Date: | Nov 23, 2020 |
|---|---|
| Location: | South Haven |
| Project Investment: | $2,199,100.00 |
| Total Award Amount: | $150,750.00 |
| State Portion of Award: | $110,002.00 |
K8 Partners, LLC - 2119 Field Street Redevelopment
| Approval Date: | Nov 13, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $2,462,758.00 |
| Total Award Amount: | $262,047.00 |
| State Portion of Award: | $96,275.00 |
Commongrounds Cooperative - Commongrounds Cooperative
| Approval Date: | Oct 27, 2020 |
|---|---|
| Location: | Traverse City |
| Project Investment: | $14,459,773.00 |
| Total Award Amount: | $928,700.00 |
| State Portion of Award: | $440,693.00 |
Leonard Development Partners, LLC - Leonard Development Partners, LLC Redevelopment
| Approval Date: | Oct 5, 2020 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $4,803,000.00 |
| Total Award Amount: | $362,475.00 |
| State Portion of Award: | $228,939.00 |
Broadway Square, LLC - Downtown Clawson Redevelopment Project
| Approval Date: | Sep 25, 2020 |
|---|---|
| Location: | Clawson |
| Project Investment: | $9,999,281.00 |
| Total Award Amount: | $275,868.00 |
| State Portion of Award: | $275,868.00 |
400 Island Avenue LLC - Project Wolverine Champions
| Approval Date: | Sep 22, 2020 |
|---|---|
| Location: | Parchment |
| Project Investment: | $12,000,000.00 |
| Total Award Amount: | $2,634,554.00 |
| State Portion of Award: | $1,050,133.00 |
Exchange Detroit LLC - Exchange Development
| Approval Date: | Sep 22, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $64,623,450.00 |
| Total Award Amount: | $2,741,616.00 |
| State Portion of Award: | $2,553,172.00 |
Method MJ LLC - The Junction Redevelopment Project
| Approval Date: | Sep 20, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $12,918,181.00 |
| Total Award Amount: | $970,294.00 |
| State Portion of Award: | $606,800.00 |
Corktown Housing, LLC - Corktown Housing Redevelopment Project-Phase 1
| Approval Date: | Aug 27, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $3,330,184.00 |
| Total Award Amount: | $491,586.00 |
| State Portion of Award: | $62,333.00 |
Downtown Hospitality Detroit, LLC - Royal Palm Detroit Redevelopment Project
| Approval Date: | Aug 25, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $50,314,900.00 |
| Total Award Amount: | $2,521,176.00 |
| State Portion of Award: | $2,521,176.00 |
Life is a Dreamtroit, LLC - Life is a Dreamtroit Development
| Approval Date: | Aug 25, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | $19,759,028.00 |
| Total Award Amount: | $2,683,246.00 |
| State Portion of Award: | $1,264,729.00 |
CWD Real Estate - Vandenberg Center Redevelopment Project
| Approval Date: | Aug 25, 2020 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $134,713,558.00 |
| Total Award Amount: | $5,669,255.00 |
| State Portion of Award: | $4,431,657.00 |