A new $132 million Center City District redevelopment proposal is in the approval-process queue for East Lansing, putting it ahead of the Park District redevelopment proposal. For which has the mayor shown a preference? And could it mean the blight will be prolonged?
Convexity, the would-be developer for the blighted area of the Park District, has provided ELi a statement indicating dissatisfaction with the City’s handling of the proposal and negotiations. What's been going on?
Having obtained two key documents in the deal-making, ELi finds the City of East Lansing and the Park District developer appear far apart on a number of key issues in the proposal negotiations. But the parties are talking.
Last night, East Lansing's City Council approved a site plan for the blighted area downtown. But Council also approved a tax plan that the developer says makes the project impossible. ELi's Alice Dreger reports.
With East Lansing's City Council set tomorrow night to possibly make some big decisions about the redevelopment proposal for the blighted area downtown, ELi's Alice Dreger explains the basics and the complications.
Meridian Township has now officially told East Lansing essentially this: “If you want to hand over more than a million dollars to Costco in a tax give-back deal, go ahead. But we’re not going that far.”