Live Breaking News & Updates on Michigan strategic fund in lansing

Stay informed with the latest breaking news from Michigan strategic fund in lansing on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Michigan strategic fund in lansing and stay connected to the pulse of your community

Detroit City Council approves incentives, community benefits for $3B New Center development

Council members generally voted 6-3 for the development incentives and plan, known as the $3 billion Future of Health.

Mary-waters , Latisha-johnson , Arn-tellem , Scott-benson , Mary-sheffield , Angela-whitfield-calloway , James-tate , Preservation-fund , Affordable-housing-development , Michigan-strategic-fund-in-lansing , Henry-ford-health , City-council

Detroit City Council to vote on incentives for $3B New Center development

Most of the incentives would go toward 662 units of new mixed-income housing to be developed by a Detroit Pistons-related corporate entity.

University-preparatory-academy , Michigan , United-states , Amsterdam , Noord-holland , Netherlands , Northwestern-high-school , Detroit , Shirley-ryan-abilitylab , David-whitaker , Henry-ford , Albert-kahn

Comments get fiery at hearing over $3B New Center development in Detroit

At issue is a $232M Transformational Brownfield tax capture developers say they need to finance the project near Henry Ford Hospital in Detroit.

Boston , Massachusetts , United-states , Amsterdam , Noord-holland , Netherlands , Richard-haddad , Henry-ford , Latanya-pitts , Pierre-haden , Ralph-simpson , Jerry-darby

Gilbert may build Detroit plant for Bill Gates-backed startup

The project of Ypsilanti-based LuxWall could create more than 300 jobs if it chooses to build a factory near the old Southwestern High School.

Ohio , United-states , Detroit , Michigan , Wayne-county , Indiana , Southwestern-high-school , Bill-gates , Scott-thomsen , David-white , Dan-gilbert , Michigan-strategic-fund

Michigan officials give final OK to District Detroit brownfield plan

The $1.5B project is only the third development to win Transformational Brownfield incentives from the Michigan Strategic Fund.

Comerica-park , Michigan , United-states , New-york , Detroit , American , Detroiter-william-hickey , Stephen-ross , Mary-sheffield , Stephen-ros , Ronald-beebe , Nicole-sherard-freeman

2 major Detroit developments just got millions in subsidies

2 major Detroit developments just got millions in subsidies
freep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freep.com Daily Mail and Mail on Sunday newspapers.

Detroit , Michigan , United-states , Wayne-state-university , Great-lakes , Tiger-stadium , Lafayette-park , Farmington , Hunter-pasteur , Nathan-forbes , Shapero-hall , Markj-bennett

Northland mall redevelopment gets subsidies, demolition to start soon

Northland mall redevelopment gets subsidies, demolition to start soon
freep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freep.com Daily Mail and Mail on Sunday newspapers.

City-of-southfield , Michigan , United-states , Southfield , Great-lakes , Northland , David-dedvukaj , Michigan-strategic-fund-on , Michigan-department-of-environment , Michigan-strategic-fund-in-lansing , Northland-center , Macy-department

Deadline Detroit | Rising construction costs mean more public loans for this Ilitch project in Detroit

Deadline Detroit | Rising construction costs mean more public loans for this Ilitch project in Detroit
deadlinedetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deadlinedetroit.com Daily Mail and Mail on Sunday newspapers.

Mike-russell-wikimedia-commons , Ilitche-olympia-development , Michigan-strategic-fund-in-lansing , Bagley-development , Bagley-development-group , Wikimedia-commons , United-artists-theater , Free-press , Michigan-strategic-fund , Urban-development , பேக்லி-வளர்ச்சி , பேக்லி-வளர்ச்சி-குழு

Cost to redevelop Ilitch-owned United Artists Theater building jumps $12 million

The housing development is moving forward again after encountering $12M+ in higher costs due to the COVID-19 pandemic.

Detroit , Michigan , United-states , City-of-detroit , Americans , American , Richard-hosey , Don-barden , Emmett-moten-jr , Donald-rencher , C-howard-crane , Junfu-han

Ilitch-owned United Artists Theater redevelopment back on track

View Comments
The redevelopment of the long-vacant, 18-story United Artists Theater building in downtown Detroit into nearly 150 apartments is moving forward again after delays and cost increases resulting from the COVID-19 pandemic.
The pandemic and recent price spikes for construction materials have pushed up the project's costs by about $12 million to likely over $80 million. It also pushed back the anticipated start of construction by more than a year to this July or soon after.
On Tuesday, the Michigan Strategic Fund in Lansing approved a $2 million increase to the project's community revitalization loan to help cover the rising costs. The rest of the gap will be filled through various other funding sources, including a $7.6 million increase in the project's Housing and Urban Development loan and an additional $1 million from the city.

Detroit , Michigan , United-states , City-of-detroit , Americans , American , Richard-hosey , Don-barden , Emmett-moten-jr , Donald-rencher , C-howard-crane , United-artists