The new, 11,000 square foot Lansing City Market is taking shape. City of Lansing officials and developers recently broke ground on the $1.6 million project.
When construction is complete, several tenants from the existing City Market will move into the new building. The new market is closer to the Grand River and is expected to open in November.
“I think the positioning of the market — bringing it closer to the river — will increase its visibility,” says Bob Trezise with the Lansing Economic Development Corporation. “Most importantly, it will become a center piece to the Market Place development and a mixed use urban environment.”
The Market Place and Ballpark North projects proposed by the Gillespie Group include two six-story, 120,000 square foot office buildings overlooking the baseball stadium, and an adjacent $24 million development with two residential towers, a 10,000 square foot commercial property on the river and an entertainment park. After the existing City Market is demolished, the Gillespie Group has 18 months to start construction on the Market Place development.
The new City Market will sit next to the newly redeveloped and nearly complete riverfront. Riverfront reconstruction has lasted the majority of the summer and will include a more “contemporary” style when finished.
“We’re beginning to have a total picture of what economic development should look like,” Trezise says, adding that the Accident Fund headquarters and riverfront development across the river from the City Market also add a new aesthetic to Downtown Lansing. “It’s two fold. It should be about jobs and a sense of place.”
Source: Bob Trezise, City of Lansing
Ivy Hughes is the managing editor of Capital Gains and can be reached here.
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