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.
The City Manager predicts “cataclysmic reductions in staff." The Fire Chief talks about closing firehouse #2. The Court's Chief Judge and Police Chief explain why court fines are way down. All this and more from last week's City budget talks.
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?
What would passage of the East Lansing Public School bond on May 2 really mean for property owners in the school district in terms of increased taxes? We've crunched the numbers and we bring you the answer.
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.
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.