I agree, MichMatters. I appreciate the dedication and information provided by eastlansinginfo, but they tend to sensationalize development news. Everybody wants a scoop, and these stories spread quickly on social media.
But, yes, there seem to be some serious issues at City Hall.
This is the more important of the two big projects, and probably the most important in modern EL history. Don't screw it up! We need the whole team working from the same playbook on this one.
I agree that they should do it right, but when are they going to reach that point is the problem. I know that the two projects are different in terms of funding and other points, but it just seems strange that one development has been talked about and planned, for twenty years or more, and one is a plan that started only about two years ago. Let's build both now.
Demolition of the buildings has been pushed back at least a month. The Michigan Strategic Fund did not put this project on its agenda for their August 22nd meeting. Their next meeting is September 26.
I agree, this a the most prominent intersection in East Lansing, and what ever is built there will likely be a great success, I think they could get on with it, without these incentives. We need a ghost buster to go to that building and get what ever spirit that is protecting that ugly old building out of there.
It seems that DRW/Convexity thought they would just inherit the tax credit for free, but that tax credit was awarded to Chapelle and his proposal. If DRW/Convexity had worked with the MEDC when they acquired the properties to create their own proposal they wouldn't be in this situation.
I believe they can still get their $10 million tax credit, they will just have to file their own paperwork and wait about a year.
Maybe the ghost is named Chapelle. They really should do some sort of purification ceremony at that site, burn some sage or something, get rid of the bad karma and start over and build something even better.
Thanks for finding this. Wow it's actually more tied up than I thought. Even though that previous article says demolition is still on track and something will get built, I can still see the current developers announcing that they're selling the properties and just walking away.
I heard on local news that they are going to put a parking lot there! They said to add parking while the new building up the block is being built. This sounds like a bad idea to me, and would seem to indicate there won't be anything built there for some time.
Comments
But, yes, there seem to be some serious issues at City Hall.
This is the more important of the two big projects, and probably the most important in modern EL history. Don't screw it up! We need the whole team working from the same playbook on this one.
I agree that they should do it right, but when are they going to reach that point is the problem. I know that the two projects are different in terms of funding and other points, but it just seems strange that one development has been talked about and planned, for twenty years or more, and one is a plan that started only about two years ago. Let's build both now.
Great! It will be great to see it finally happen and it looks like it will. Maybe they reversed the curse!
Demolition of the buildings has been pushed back at least a month. The Michigan Strategic Fund did not put this project on its agenda for their August 22nd meeting. Their next meeting is September 26.
http://www.lansingstatejournal.com/story/news/local/2017/08/17/east-lansing-park-district-project-demolition-delayed-october/575627001/
I agree, this a the most prominent intersection in East Lansing, and what ever is built there will likely be a great success, I think they could get on with it, without these incentives. We need a ghost buster to go to that building and get what ever spirit that is protecting that ugly old building out of there.
It seems that DRW/Convexity thought they would just inherit the tax credit for free, but that tax credit was awarded to Chapelle and his proposal. If DRW/Convexity had worked with the MEDC when they acquired the properties to create their own proposal they wouldn't be in this situation.
I believe they can still get their $10 million tax credit, they will just have to file their own paperwork and wait about a year.
Maybe the ghost is named Chapelle. They really should do some sort of purification ceremony at that site, burn some sage or something, get rid of the bad karma and start over and build something even better.
I heard on local news that they are going to put a parking lot there! They said to add parking while the new building up the block is being built. This sounds like a bad idea to me, and would seem to indicate there won't be anything built there for some time.