Page 5 - Veridea Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Credit verideagroup.com The real estate developer has acquired the Flagstar/First National Bank complex, which includes four connected buildings that run along Front Street from Washington to Main Street. Officials say the 80,000-foot campus will undergo a $10 million renovation to create several business spaces. New tenants in the complex will include cybersecurity company North Cross Group, Invest U-P, several other local economic development organizations, co-working and private office space, a new restaurant, government offices and educational facilities. They will join existing tenants F...

Jan 30, 2021 The Flagstar/First National Bank complex in downtown Marquette is shown. The Veridea Group announced Friday it has acquired the 80,000-square-foot campus, which officials said will undergo a $10 million renovation that will result in multiple new businesses and uses for the facilities and the creation of around 200 new jobs. (Photo courtesy of Veridea Group) MARQUETTE — The Veridea Group announced Friday it has acquired the Flagstar/First National Bank complex in downtown Marquette. The 80,000-square-foot campus will undergo a $10 million renovation that will result in multipl...

gneese@mininggazette.com Planning Commission will hold a special meeting in two weeks to start the road that will lead to recommendations on a future process for the city to follow in deciding on the future of the big deck area on Lakeshore Drive. After unveiling a plan for a $40 million mixed-use development, Marquette-based The Veridea Group withdrew from negotiations over the city over concerns the city did not have a defined process laid out for how to proceed. At its most recent meeting, the City Council voted to have the Planning Commission review the year-and-a-half-long process and m...

gneese@mininggazette.com Veridea development proposal Veridea, who recently backed out of plans to redevelop Houghton’s parking decka nd waterfront area was proposing replacing the parking that currently exists between Huron Street and Isle Royale Street with a small park. oughton City Council meeting since the Veridea Group withdrew from negotiations over the big parking deck property on Lakeshore Drive, council members and the public weighed in on the next steps. Houghton had been in talks with Veridea since 2019, when it responded to the city’s request for qualifications for develo...

gneese@mininggazette.com HOUGHTON — The Houghton City Council went back to the drawing board Wednesday night after the announcement that the Veridea Group was withdrawing its proposal for a $40 million development on the big parking deck area along Lakeshore Drive. In a letter to the city, Veridea CEO Bob Mahaney said based on the December 16 council meeting, the city “has no defined process in place that can move the project forward at this time.” At that meeting, the council retracted a motion to move forward in defining the property and obtaining an appraisal after objections from so...