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.
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.
Want to know what's being proposed for the Center City District project? Which businesses might stay, go, and come? How tall it will be and what it will offer? How you can weigh in? ELi has you covered.
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?