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.

Jefferson Larned Development Company LLC - Jefferson Larned Development Project

Approval Date: Jul 28, 2020
Location: Detroit
Project Investment: $15,600,000.00
Total Award Amount: $1,560,000.00
State Portion of Award: $573,144.00

ICONIC 511, LLC - 511 Woodward

Approval Date: Jul 28, 2020
Location: Detroit
Project Investment: $18,061,583.00
Total Award Amount: $1,564,142.00
State Portion of Award: $1,491,728.00

SSP Associates - Uptown/Rivers Edge Redevelopment Project

Approval Date: Jun 23, 2020
Location: Bay City
Project Investment: $12,571,147.00
Total Award Amount: $47,745,626.00
State Portion of Award: $19,427,428.00

Michigan Community Capital (Michigan Magnet Fund) - Temple Redevelopment Project

Approval Date: Jun 23, 2020
Location: Lansing
Project Investment: $9,412,000.00
Total Award Amount: $2,118,418.00
State Portion of Award: $706,069.00

Continental/Ferguson Lansing LLC - Red Cedar Redevelopment

Approval Date: May 19, 2020
Location: Lansing
Project Investment: $255,650,134.00
Total Award Amount: $59,535,519.00
State Portion of Award: $19,844,895.00

Queen Lillian II, LLC - The Woodward at Midtown Project

Approval Date: May 19, 2020
Location: Detroit
Project Investment: $28,105,956.00
Total Award Amount: $2,451,891.00
State Portion of Award: $900,841.00

Legacy Steel - Steele Ave, LLC

Approval Date: May 13, 2020
Location: Grand Rapids
Project Investment: $1,900,000.00
Total Award Amount: $136,500.00
State Portion of Award: $68,264.00

The Roxbury Group - Broadway Park Redevelopment

Approval Date: Apr 14, 2020
Location: Ann Arbor
Project Investment: $100,000,000.00
Total Award Amount: $8,000,000.00
State Portion of Award: $2,480,000.00

Envision 8th, LLC - Eighth and Boardman Redevelopment

Approval Date: Apr 14, 2020
Location: Traverse City
Project Investment: $10,400,000.00
Total Award Amount: $8,141,400.00
State Portion of Award: $3,863,094.00

311 Grand River, LLC - Harmonie Social Club

Approval Date: Apr 3, 2020
Location: Detroit
Project Investment: $12,129,740.00
Total Award Amount: $2,227,233.00
State Portion of Award: $1,944,499.00

Infinity Homes Corp - 2001 Park

Approval Date: Mar 11, 2020
Location: Detroit
Project Investment: $22,464,000.00
Total Award Amount: $947,250.00
State Portion of Award: $944,618.00

Brick Street Lofts LLC - Brick Street Lofts LLC Project

Approval Date: Feb 25, 2020
Location: Albion
Project Investment: $2,080,438.00
Total Award Amount: $583,200.00
State Portion of Award: $217,388.00

Jefferson VanDyke 2, LLC - Jefferson Van Dyke 2 LLC Project

Approval Date: Jan 22, 2020
Location: Detroit
Project Investment: $0.00
Total Award Amount: $3,717,020.00
State Portion of Award: $1,616,532.00

3820 West End, LLC - The Osi Art Apartments @ West End

Approval Date: Jan 22, 2020
Location: Detroit
Project Investment: $6,641,562.00
Total Award Amount: $226,767.00
State Portion of Award: $194,362.00

Riopelle Market Development, LP - Mosaic Eastern Market Redevelopment

Approval Date: Jan 22, 2020
Location: Detroit
Project Investment: $24,128,542.00
Total Award Amount: $3,739,957.00
State Portion of Award: $2,272,342.00

Sweetwater Development Partners, LLC - Muskegon Mall

Approval Date: Dec 17, 2019
Location: Muskegon
Project Investment: $8,900,970.00
Total Award Amount: $2,682,150.00
State Portion of Award: $1,265,535.00

Develop Detroit - Sugar Hill Redevelopment Project

Approval Date: Dec 17, 2019
Location: Detroit
Project Investment: $20,456,427.00
Total Award Amount: $3,035,313.00
State Portion of Award: $2,183,301.00

A&J Realty Ventures, LLC - Proposed 166 Oak Redevelopment Project

Approval Date: Nov 26, 2019
Location: Wyandotte
Project Investment: $12,004,970.00
Total Award Amount: $3,808,045.00
State Portion of Award: $894,129.00

Hey Hun Holdings, llc - Lakeside Ace Hardware Project

Approval Date: Nov 25, 2019
Location: Cadillac
Project Investment: $1,200,000.00
Total Award Amount: $185,982.00
State Portion of Award: $75,379.00

Versa-Wanda , LLC - Development on Troy Project

Approval Date: Oct 22, 2019
Location: Ferndale
Project Investment: $29,388,046.00
Total Award Amount: $24,487,746.00
State Portion of Award: $12,834,028.00