The Avondale Square project happened because City leaders were convinced they should spend taxpayer money on "needed" housing types. The project wasn't supposed to end up costing taxpayers over $5 million.
Using the Freedom of Information Act, ELi has learned that East Lansing’s tax assessor believes the Center City District redevelopment will be worth far less than the developer has assumed, calling into question the financial viability of the project.
City Council is set to take up the controversial Center City District site plan and $55 million TIF plan this Tuesday. The project calls for private development on public land. The developers have announced they will reveal the latest version of the proposal the day before.
With City Council set to make possible decisions on the Center City redevelopment proposal next Tuesday, the City Attorney tells ELi the deal doesn't have to be run past East Lansing voters for approval. ELi examines what we know about the deal and the City Charter, and finds the situation complicated.
With Jill Feldpausch formally stepping into the role, East Lansing has filled the position of Finance Director. Facing big financial challenges, City leaders tell ELi's Jessy Gregg they're thrilled Feldpausch has agreed to be our Chief Financial Officer.
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.