[Docta_Love]

Originally Posted by deja vu

An update on the planned rehabilitation project for the former 30-acre Vicksburg / Lee Paper Mill Site. It sounds like a lot of the projected $50 million needed for the work might come from public (local, state, and federal) sources. Possible public funding sources cited by the developer in the article include, "the Michigan Economic Development Corporation, Michigan Department of Environmental Quality, the Michigan Land Bank... the Vicksburg Brownfield Authority's Local Brownfield Remediation Fund...[and]...a 20 percent federal tax credit as part of the National Register of Historic Places..."

The ambitious project is intended to include a craft beer and food production facility, a new brewery / restaurant, beer garden, event spaces, retail and office space, artists space, 42 apartments, a museum, and outdoor trails.

The potential for positive economic and environmental impacts that this mixed-use project will bring to the area are large, and I think it is a project with a solid plan, led by a committed developer with a personal connection to the village and to the property (having been a former employee at the mill). It just sounds like it is dependent on a lot of "ifs" and taxpayer dollars. I remain hopeful that it succeeds.






Image Source: Emily Monacelli | MLive

Very cool project, it'll be interesting to watch how this development if completed changes the area.