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.
515 Ionia, LLC - Belen Buildings Redevelopment Project
| Approval Date: | Mar 26, 2019 |
|---|---|
| Location: | Lansing |
| Project Investment: | $1,214,417.00 |
| Total Award Amount: | $220,420.00 |
| State Portion of Award: | $76,948.00 |
Industrial Commercial Properties LLC - Ford Wixom Site Development Project
| Approval Date: | Mar 26, 2019 |
|---|---|
| Location: | Wixom |
| Project Investment: | $0.00 |
| Total Award Amount: | $3,480,000.00 |
| State Portion of Award: | $1,746,612.00 |
Jackson Downtown Partners, LLC - The 200 Redevelopment Project
| Approval Date: | Feb 26, 2019 |
|---|---|
| Location: | Jackson |
| Project Investment: | $13,560,651.00 |
| Total Award Amount: | $757,679.00 |
| State Portion of Award: | $546,741.00 |
Orion Construction - Michigan Meadows, LLC
| Approval Date: | Feb 26, 2019 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $19,100,000.00 |
| Total Award Amount: | $2,021,784.00 |
| State Portion of Award: | $269,333.00 |
Kzoo Hotel Partners, LLC - Kzoo Hotel Partners
| Approval Date: | Feb 26, 2019 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $44,065,463.00 |
| Total Award Amount: | $3,413,041.00 |
| State Portion of Award: | $1,364,192.00 |
City of Kalamazoo - DEGA TIF Plan
| Approval Date: | Jan 22, 2019 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $0.00 |
| Total Award Amount: | $66,836,910.00 |
| State Portion of Award: | $11,000,000.00 |
City of Grand Rapids - 111 Halo, LLC
| Approval Date: | Jan 4, 2019 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $2,838,408.00 |
| Total Award Amount: | $142,336.00 |
| State Portion of Award: | $90,920.00 |
10 Ionia LLC - 10 Ionia Avenue NW
| Approval Date: | Dec 18, 2018 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $37,033,829.00 |
| Total Award Amount: | $2,131,741.00 |
| State Portion of Award: | $1,680,025.00 |
600 E. Michigan-Lansing, LLC - Capital City Market
| Approval Date: | Dec 18, 2018 |
|---|---|
| Location: | Lansing |
| Project Investment: | $40,000,000.00 |
| Total Award Amount: | $5,908,518.00 |
| State Portion of Award: | $2,094,570.00 |
Detroit Economic Growth Corporation - Joe Louis Arena Redevelopment Project
| Approval Date: | Dec 18, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $0.00 |
| Total Award Amount: | $13,172,392.00 |
| State Portion of Award: | $9,992,577.00 |
Ashley Capital - Tri-County Commerce Center Redevelopment Project #2 and #3
| Approval Date: | Nov 27, 2018 |
|---|---|
| Location: | Hazel Park |
| Project Investment: | $85,000,000.00 |
| Total Award Amount: | $21,436,910.00 |
| State Portion of Award: | $6,840,518.00 |
Heritage Tower BC LLC - Heritage Tower
| Approval Date: | Nov 27, 2018 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | $32,330,000.00 |
| Total Award Amount: | $2,426,600.00 |
| State Portion of Award: | $1,022,812.00 |
Catalyst Development Co.12 LLC - Catalyst 12
| Approval Date: | Nov 27, 2018 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $70,873,569.00 |
| Total Award Amount: | $3,844,493.00 |
| State Portion of Award: | $1,398,177.00 |
Pigeon Hill Brewing Company - Pigeon Hill Brewing Company, LLC Project
| Approval Date: | Nov 8, 2018 |
|---|---|
| Location: | Muskegon |
| Project Investment: | $1,313,187.00 |
| Total Award Amount: | $329,732.00 |
| State Portion of Award: | $149,480.00 |
400 Monroe Associates - 640 Temple Redevelopment Project
| Approval Date: | Sep 25, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | $0.00 |
| Total Award Amount: | $4,957,402.00 |
| State Portion of Award: | $3,760,685.00 |
PlazaCorp Realty Advisors, Inc. - 400 Bryant Street Project
| Approval Date: | Sep 25, 2018 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $9,274,576.00 |
| Total Award Amount: | $1,549,178.00 |
| State Portion of Award: | $658,091.00 |
Uptown Reinvestment Corporation, Inc. - Downtown Flint Hotel
| Approval Date: | Aug 28, 2018 |
|---|---|
| Location: | Flint |
| Project Investment: | $37,920,910.00 |
| Total Award Amount: | $2,281,166.00 |
| State Portion of Award: | $1,313,039.00 |
Kincaid Building Group, Inc - 449 Bridge Street Development, LLC
| Approval Date: | Aug 28, 2018 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | $10,382,335.00 |
| Total Award Amount: | $1,494,133.00 |
| State Portion of Award: | $761,560.00 |
400 Rose, LLC - 400 Rose St. Development
| Approval Date: | Jun 26, 2018 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | $25,558,576.00 |
| Total Award Amount: | $3,632,517.00 |
| State Portion of Award: | $1,390,528.00 |
Morningside Lower Town, LLC - 1140 Broadway Street Project
| Approval Date: | May 22, 2018 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | $213,082,183.00 |
| Total Award Amount: | $5,204,760.00 |
| State Portion of Award: | $1,971,405.00 |