Muskegon -
As of last week, the Ameribank building in downtown Muskegon is being 'deconstructed' - stripped to just its structural frame and slab floors - until a suitable developer and development plan can be determined. The arrangement between the city and Port City Construction sounds like a pretty sweet deal for Port City. The city will pay Port City up to $350,000 for the current demo work, even though the city still owns the property. Meanwhile, Port City retains the option to purchase the property for redevelopment, and if they do, they would then pay back the city the cost of demo activities, once redevelopment is complete.
Quote:
Downtown Ameribank building being 'deconstructed' ahead of redevelopment
Ben Solis | MLive
March 27, 2018
MUSKEGON, MI - The long-vacant Ameribank building in downtown Muskegon is undergoing deconstruction funded, at least for now, by the city of Muskegon to help its redevelopment prospects. Melching Demolition began work on the building at the corner of Clay Avenue and First Street last week, which includes gutting the building and leaving only the most essential parts of the five-story office building's frame, said Muskegon City Manager Frank Peterson...
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Source:
MLive | Kevin Manuel