With East Lansing's City Council likely to vote on the Center City District proposal on Tuesday, the newly-released draft development agreement between the City and Harbor Bay raises significant questions.
Council has put its final stamp of approval on the Park District proposal. If the state approves the $10 million tax credit for the project next month, demolition could start in August, with the blighted buildings gone by early fall.
What kinds of protections are built in for the City of East Lansing in the the Development Agreement with DRW/Convexity, the would-be developer of the blighted Park District? We explain in advance of next Tuesday's City Council vote on the agreement.
The East Lansing Brownfield Redevelopment Authority (BRA) has approved a revised tax increment financing (TIF) plan of $56 million for the proposed Center City District redevelopment. ELi's Chris Root reports.
City Council held public hearings on the Center City District site plan and tax plan last night, although no current plans were available. Council voted to do it all again in June. Here's what we've learned.
Last night, East Lansing's Planning Commission split 4-4 on the question of whether City Council should approve the Center City District proposal. We have the details and information on what to expect next.
City Council and DRW/Convexity have reached a deal on the Park District redevelopment proposal. We bring you the details, including on the $19.6 million tax deal, and explain why the redevelopment isn't a sure thing just yet.
A new TIF plan has been approved by the Brownfield Redevelopment Authority for DRW/Convexity's Park District redevelopment proposal. Now the project moves to City Council for possible decisions next Tuesday.
City Council has postponed its hearing on the Center City District proposal. Target has announced it wants to be the major retailer in the new space. Development professionals are alternately praising and criticizing the way the proposal is playing out. What's the story?
Planning Commission has voted to unanimously recommend the Park District site plan to City Council. The Commission has also voted to spend some more time considering the Center City District proposal, changing the order in which Council will consider these two big redevelopment schemes.
The Center City District proposal has obtained first-level approval for a $55 million tax incentive from East Lansing, by far the biggest Tax Increment Financing (TIF) proposal we’ve seen. Now the decision moves to City Council.