Today we learn that the investor set to buy up to $31 million in publicly-issued bonds on the Center City District project appears to be the father of developer Mark Bell. ELi's Alice Dreger reports the newest twists in this unusual deal.
If East Lansing voters approve a pair of tax proposals on the November 7 ballot, the resultant fall in City property taxes could have serious negative implications for various development deals. ELi's Alice Dreger explains.
East Lansing's Mayor Meadows expresses frustration over the MEDC asking City Council to redo yet more paperwork on the Park District proposal. What's holding up the State's movement on ending East Lansing's blight?
The Michigan Economic Development Corporation (MEDC) today answered questions from ELi about what's going on with state-level delays on review of the Park District project, a major redevelopment slated to replace the blight downtown.
The Downtown Development Authority has decided to spend $20,000 to hire a PR firm to try to help businesses downtown survive anticipated major construction from the Park District and Center City District projects. Why aren't those projects moving forward yet?
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.
Lead developer for the Center City District project, Mark Bell of Harbor Bay Real Estate, tells ELi today, “Let me please be very clear, I am making no representations that should be mistaken as facts.”