The Lansing Township board plans to take the role of developer in a proposed mixed-use building near Eastwood Towne Center. The project would include restaurants, stores and a parking ramp.
According to excerpts from the article:
The township issued about $22 million in mostly tax-exempt bonds to pay for construction with plans to pay back debt with lease payments and tenant fees. It also signed a 99-year lease with Eyde for the roughly 13-acre site.
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