Personally I don't think this project will go through. Given the fact that most of the other mixed-use and residential projects in the area are on hold because of the economy. Plus I don't think the Lansing area could support a third "downtown".
$85M development planned near Eastwood
Melissa Domsic • firstname.lastname@example.org • October 20, 2009 • From LSJ.com
LANSING TWP. - Vacant land surrounding Eastwood Towne Center could see an influx of activity with a handful of new restaurants, shops, condos, a boutique hotel and a parking ramp.
Plans are in the works for an $85 million, 15-acre mixed-use development on Preyde Boulevard east of NCG Eastwood Cinemas and north of Champps Restaurant and Bar.
The Lansing Township Downtown Development Authority hopes to receive $29 million in federal Recovery Zone Bonds and start construction next spring.
The DDA would build the parking deck and some commercial space, while private developers would construct the rest.
For more on this story, read Wednesday's Lansing State Journal.