Brownfield eligible activity includes the redevelopment of the former Lake Trust building on Capitol Avenue into 23,461 square feet of finished office/commercial space and four floors of new residential with an estimated 44 multifamily apartments and a new mixed-use building along South Capitol Avenue with an estimated 116 multifamily residential apartments and approximately 3,500 square feet commercial space.
Renovation beginning with asbestos abatement and demolition is anticipated to commence in early 2020 with completion of full renovation by fall 2021. Construction of the new mixed-use building is expected to begin by September 2020 and be completed in spring 2022.
The mixed-use redevelopment project proposed by Lansing-based Michigan Community Capital will include new first floor retail and office space, along with 31 new residential units to complement the Old Town neighborhood’s existing diverse mix of eclectic shops and rich culture. In addition, the project will include 51 new parking spaces created by an attached 2-story parking structure.
Dependent on additional review and approvals, including the Michigan Strategic Fund, construction of the project is anticipated to begin in spring 2020, with completion in late 2021.
LANSING — Developers have announced plans for a project at the site of a shuttered elementary school that civil rights leader Malcolm X once attended.
The Lansing-based company Ferguson Development has plans for a medical office facility at the southside property in addition to a one-story community building with retail and residential space.
The site at the corner of Pleasant Grove and Holmes roads was once home to the Pleasant Grove Elementary School, which has since closed.