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Mural Painting at the Hunter Park Garden House- Photo ©Dave Trumpie
Mural Painting at the Hunter Park Garden House- Photo ©Dave Trumpie | Show Photo

Investment : In the News

521 Investment Articles | Page: | Show All

Developer Pat Gillespie's Marketplace, riverfront redevelopment project underway in downtown Lansing

The much anticipated, 80-unit Marketplace development is now moving forward in Downtown Lansing.

According to excepts from the article: 

Developer Pat Gillespie’s Marketplace project is officially underway, with the Lansing City Pulse reporting environmental remediation of the site has begun, a process that will take about 60 days to complete. 

Read the entire story here.

St. Martha nearer to $5 million dream of new parish hall, gymnasium, classrooms

St. Martha Catholic Parish in Meridian Township has asked local officials to approve an expansion of their facilities.

According to excerpts from the article:

The Rev. Jon Wehrle put it this way: St. Martha Catholic Parish’s $5-million plan to build a gymnasium, library, classrooms, parish hall, and locker-rooms has been in the dream stage for 24 years.

Read the entire story here.

Jackson National Life growth a boost for Lansing

Jackson National Life has announced a $100 million expansion and plans to hire 1,000 new employees. 

According to excerpts from the article:

The insurer and and financial services company plans to add two buildings to its corporate headquarters site near Okemos Road and Interstate 96. The 1,000 jobs that will come with it — at an expected clip of 100 to 200 a year — will have a ripple effect on the local economy, which many community leaders welcome with open arms.

Read the entire story here.

Re-opening CADL’s South Lansing Library

The Capital Area District Library’s South Lansing branch is open after $125,000 worth of innovation.

According to excerpts from the article:

The library, at 3500 S. Cedar St., closed for seven weeks for renovations and its success has been immediate. It’s almost unrecognizable to long-time patrons.

Read the entire article here.

New hangar construction to start next month

The Charlotte airport will soon get new airplane hangar space that is expected to generate $27,000 a year.

According to excerpts from the article

Charlotte City Council approved a contract for construction of the 10-unit T-hangar with Johnson Diversified Services of Mason at its April 8 meeting. The addition will cost $424,092, which will be paid for through Federal aviation funds that are awarded annually for Fitch H. Beach Municipal Airport.

Read the entire story here.

Eaton County gets $3M park grant from Snyder

Eaton County will receive $3 million to purchase 424 acres of land for a new park. 

According to excerpts from the article:

The money in the bill signed Wednesday comes from the Michigan Natural Resources Trust Fund, which consists of royalties from sales and leases of state-owned mineral rights. Most of the 76 grants will go to local governments that also cover part of the projects’ costs.

Read the entire story here.

GM looks to invest $38M, add 150 jobs at Lansing Grand River plant

General Motors Co. plans to make a $38 million expansion of the Lansing Grand River assembly plant though tax incentives.

According to excerpts from the article:
 
The Detroit automaker was tightlipped Thursday about its plans. Local spokeswoman Erin Davis would say only that GM is “developing a business case for a potential future investment ... (that) would fund facility improvements aimed at strengthening the plant’s manufacturing capability.”

Read the entire story here.

J.W. Knapp's downtown Lansing redevelopment taking shape

Work in the historic Knapp's building in Downtown Lansing is currently underway.

According to excerpts from the article: 

By the end of the year, Meridian Township-based Eyde Co. hopes to complete its $36 million renovation of the downtown Lansing landmark, which is being converted into the Knapp’s Centre complex of offices, retail, apartments and a fashion-based small-business incubator. Construction began in early December and is beginning to take shape.

Read the entire story here.

Construction to start on Dart's $47M expansion

Dart Corporation is moving forward on its Alaiedon Township expansion.

According to excerpts from the article:

Tractors are moving earth and preparing for Dart's planned $47- million expansion will include a new 389,000-square-foot tri-level warehouse and a 189,000-square-foot new world headquarters office building, according to plans submitted to the township.

Read the entire story here.

Two businesses pledge proceeds to Okemos library renovation

Efforts to renovate the Okemos Library will receive a boost from Culver’s of Okemos and Asian Buffet in Okemos.

According to excerpts from the article: 
 
The restaurants will give 10 percent of their proceeds on specified days, according to township officials.
 
On Feb. 24 and March 24, Culver’s of Okemos will offer their support, and Asian Buffet in Okemos will join in Feb. 25-28. The proceeds will go towards the renovations of the Okemos Library.

Read the entire story here.

Lansing Meijer store to be rebuilt

Upcoming improvements to the Meijer store in South Lansing will be a part of a $160 million investment by the Michigan retailer.

According to excerpts from ther article:
 
The Walker-based chain’s Lansing store, at 6200 S. Pennsylvania Ave., will be rebuilt over a period of 14 months, Meijer spokesman Frank Guglielmi said. Construction could start within weeks.
 
The 192,000-square-foot store will gain a drive-up pharmacy, a relocated garden center and a redesigned electronics department, among other upgrades, Meijer said.

Read the entire story here.

East Lansing schools seek $5.3M for technology

East Lansing Schools is proposing a milage for a $5.3 million, 5-year to fund upgrades to security and communications systems.

According to excerpts from the article:
 
If approved the levy would add 1.25 mills, or $125 annually, to the tax bill of a home with a taxable value of $100,000.
 
But school officials point out that in the fourth and fifth years of the new millage, if it passes, the overall property tax bill from the school district actually will decline.

Read the entire story here.

New apartment complex, HopCat bar discussed by planning commission

Issues before the East Lansing Planning Commission last week included use issues as a new apartment complex and the proposed HopCat bar on the first floor of The Residences.

According to excerpts from the article:

The proposed building would be four stories tall and feature 21 four-bedroom apartments, with the first floor used for both commercial space and for parking.
 
Community Development Analyst Tim Schmitt said the project, “should be an economic positive to the city because it is increasing taxable value to the property.”

Read the entire story here.

LEAP awarded $500K for small business incubator

The Lansing Economc Area Partnership received $500,000 from the state for a small business incubator.

According to excerpts from the story:
 
Lansing Economic Area Partnership Inc. received the funds from the Michigan Strategic Fund, an arm of the Michigan Economic Development Corp., for its work managing a network known as the Lansing Regional SmartZone. The SmartZone is a defined area of economic development, created out of state law, that is intended to draw technology firms near universities.

Read the entire story here.

Clinton County Habitat purchases parcel for next building project

Habitat for Humanity of Clinton County have purchased property in St. Johns on which to build a home.

According to excerpts from the article:
 
“We are excited to build another affordable home in St. Johns for a deserving family,” said Sue Carroll, director of Habitiat for Humanity of Clinton County. “The property we purchased is in a great location close to schools, playgrounds and commercial outlets. There is even a terrific bike and walking trail nearby.”

Read the entire story here.
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