LiveWell on Harrison
A long-vacant property in downtown Flint is undergoing a $41-million transformation into LiveWell on Harrison, a mixed-use development led by Uptown Reinvestment Corporation and HWD Harrison, Inc. Supported by $16 million in New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC), the 115,000-square-foot project will bring 50 apartments—19 designated as affordable housing—alongside 7,500 […]
Leo and Alpine
Leo and Alpine (Leo & Al) is a mixed-income, mixed-use development located in the West Grand Neighborhood in Grand Rapids, Michigan. The development is partnership between Third Coast Development, LLC and PK Development, LLC and was supported by Michigan Community Capital with a construction and permanent loan in 2018. The project involved demolition and clean-up […]
North Flint Food Market
The North Flint Food Market (NFFM) was developed by the North Flint Reinvestment (NFR), a 501(c)(3) community development corporation focused on battling economic and environmental injustices, with $6.8million in New Markets Tax Credit (NMTC) allocation provided by Michigan Community Capital (MCC). The North Flint Food Market project includes the renovation of a roughly 21,255-square-foot, single-story, […]
Wrigley Center
Michigan Community Capital provided New Market Tax Credits to The Wrigley Center in Port Huron to support its renovation and expansion in 2020. Led by Larry J. Jones and developed by Wrigley Center, LLC, the project transformed a vacant, obsolete single-story building in downtown Port Huron into a vibrant mixed-use facility. The redevelopment introduced 36 […]
UP Paper
NMTC financing supported equipment upgrades for a recycled paper manufacturer and paper mill. The new financing supported the ongoing development and improvement of the Manistique-based paper company’s operations. The refinancing consisted of two components: an allocation of Federal New Markets Tax Credits from Michigan Community Capital, which provides favorable terms for businesses investing in defined […]
The Broadway Lofts
The Broadway Lofts project marks the largest new development in 40 years in downtown Mt. Pleasant. The mixed-use development on a former brownfield site was announced in 2019 and started construction in May of 2020. Although impacts of COVID-19 created delays and hurdles for the build, residents were able to begin moving into the building […]
The Woodward Lofts
The Woodard Lofts project in Owosso, Michigan, transformed a historic manufacturing building into a vibrant mixed-use development. Originally home to the Woodard Wrought Iron Furniture Company, the facility had become obsolete and environmentally challenged, leading to prolonged vacancy. Through a comprehensive renovation, the building now offers student housing units, office spaces, and retail areas, breathing […]
Hudsonville Creamery
Michigan Community Capital’s NMTC allocation played a key role in supporting the expansion and modernization of the Hudsonville Creamery and Ice Cream facility. Hudsonville Creamery has been in operation for more than 95 years, producing ice cream and other frozen desserts, and originally started as a dairy farmers’ cooperative in West Michigan. Over the decades, […]
Temple Lofts
Built in 1917 as a church, this five-story brick building is an iconic property in Old Town Lansing. After nearly a decade of sitting vacant and blighted, Michigan Community Capital purchased the building in 2019. In 2020, construction started on the Temple building which, through adaptive re-use, was reimagined from a two-story building into a […]
Cadillac Lofts
Cadillac Lofts is a transformative two-phase redevelopment project located in downtown Cadillac, Michigan, enhancing the vibrancy of the city’s urban core. This redevelopment involved the transformation of an abandoned grocery store and single-story buildings, sparking new confidence in Cadillac’s downtown real estate market. Phase I, a four-story mixed-use building on the corner of South Mitchell […]