Posted Apr 25, 2012, 12:12 AM
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Midwest Moderator - Editor
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Join Date: Jan 2002
Location: Big Mitten
Posts: 31,740
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Lots and lots of development news...
First, on the far eastside:
Quote:
Former Lansing nightclub site eyed by developer
Business Brief | Lansing State Journal
April 24, 2012
LANSING — Local developer Pat Gillespie wants to bring a mixed-use residential and commercial building to the site of a demolished eastside bar and nightclub.
A Lansing City Council committee on Wednesday is expected to discuss a special land use permit for Gillespie’s proposal, which would be constructed in the site of the former Silver Dollar Saloon, also known as the Dollar nightclub, at 3411 E. Michigan Ave. The property is located in the Red Cedar River floodplain and would need to be built at least a foot above the base flood height, which would be an average of 830 feet above sea level.
Gillespie’s 3411 E. Michigan Ave. LLC purchased the roughly 1-acre parcel from the Ingham County Land Bank for $400,000 in 2010, property records show. He is working up a proposal for a four-story building with apartments ranging from studios to two-bedroom units. They could tentatively range from $800 to $950 per month and would be aimed at a young professional market.
“The market’s very strong for the right type of housing product and we think that location’s good,” Gillespie said. “They’re definitely not family units and they’re not student units.”
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Documents indicate the project would include 57 apartments, 1,624 square feet of retail space and a 2,200-square-foot bank.
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In downtown:
Quote:
Developer plans $6.8M housing deal in Lansing
Lindsay VanHulle | Lansing State Journal
April 24, 2012
A grassy parcel in Lansing’s Genesee neighborhood sits within view of the Michigan Hall of Justice, home to the state’s top courts.
The 5.3-acre block near such prominent decision-making power — bordered by Ionia, Ottawa and Sycamore streets and Butler Boulevard — is sparsely surrounded by homes. It has remained largely vacant for years as proposed developments faded along with the economy.
Now, local developer Scott Gillespie wants to build 90 new apartment units there as part of a three-building, $6.8 million development on former state-owned property. It’s a plan he believes will revitalize the neighborhood, drawing new tenants while maintaining green space area residents have said they value.
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Studio, one-bedroom and two-bedroom apartments all would cost less than $1,000 per month. Gillespie said he is targeting a young professional demographic that can’t afford some of the luxury units downtown. Utilities would be paid separately, but all units would contain full kitchens and washers and dryers.
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Gillespie said he hopes to start construction this fall, with the first phase to open in spring 2013. That would include a three-story building with 42 apartment units on the eastern half of the property, as well as the demolition of two blighted houses in the 800 block of West Ottawa. The second phase would follow later and include two, three-story buildings with 24 units each, along with a community garden.
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And, on the far northside:
Quote:
Emergent plans $108M expansion
Lindsay VanHulle | Lansing State Journal
April 23, 2012
Emergent BioSolutions Inc. wants to upgrade its Lansing operations to the tune of $108 million by 2016.
The work would start soon. The Rockville, Md.-based company, which produces the nation’s only federally approved anthrax vaccine in Lansing, wants to build a new $9.6 million administration building and spend another $4 million on infrastructure upgrades by next year.
That would pave the way for new renovations over the next several years, including a new warehouse, a science building and other infrastructure improvements the company says are needed in order to recruit and retain employees.
“We’re cramped for space and we’ve added a number of employees over the years,” said Mark Alley, senior director of global protective services and public affairs for Emergent BioSolutions. “In terms of our ability to do laboratory work, we’re running out of room.”
Emergent BioSolutions would fund the entire project, Alley said, though it has applied for roughly $6.4 million in local brownfield incentives that would reimburse expenses through 2041. He said the project should generate $3.6 million in new property taxes for local governments.
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The first phase of the Lansing development project would take about 18 months to complete. It would include building a new three-story, 33,000-square foot administration building at the site of an existing parking lot and upgrading water and steam systems.
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