City Center II developer overcoming troubles[size]
By Allison Bush
The State News
Published: September 15, 2008
East Lansing’s skyline might not be getting a little higher any time soon.
City Center II, a $116.4 million project slated for the Grand River Avenue and Abbot Road area, is being developed by Strathmore Development Co. The company is developing Broadway Village — a similar project — in Ann Arbor, where construction has yet to begin.
That project has faced a few financial and construction issues, which doesn’t concern East Lansing officials. They say City Center II is likely to move forward with few glitches.
The East Lansing City Council will vote on a plan to open a dialogue with the public on using city bonds as one method for financing the City Center II project at its meeting tonight. It is scheduled for 7:30 p.m. in the Union’s Gold rooms A and B.
If approved, a notice about the potential use of bonds would appear in the newspaper, said Mary Haskell, finance director for East Lansing. The bond issue will be put on the ballot if 10 percent of registered voters file a signature within 45 days. But, if no one files or a petition is invalid, the decision will go before the City Council.
E. Lansing OKs delay for City Center II
Dawn Parker • Lansing Community Newspapers • April 5, 2009 • From Lansing State Journal
EAST LANSING - The city is giving the developer of City Center II project more time to clear financial hurdles in a credit-strapped economy.
City council members have approved a third extension for Strathmore Development Co., which has plans for a $116.4 million redevelopment project that stretches from Grand River Avenue and Abbot Road to Valley Court Park. Plans call for a hotel, retail and residential space.