Mayor Andy Schor today announced the finalization of the redevelopment of the old EDS building at 930 West Holmes Road, between Martin Luther King Jr. Boulevard and Washington Avenue on the Southside of Lansing. Midwest Self Storage Development purchased the property, and will rehabilitate the existing building, which is functionally obsolete. The 102,206 square feet space will be renovated to house 873 climate-controlled self-store units.
Additionally, Mayor Schor was able to negotiate with the new owners to create a greenspace with landscaping for public use. Along with vacant building on the site, the property itself is mostly concrete. The property and building improvements will include an estimated $4,185,550 of capital investment in South Lansing, $825,262 of which is estimated as eligible for Brownfield Reimbursement.
“This property is an eyesore, and I am proud that we were able to negotiate improvements to enhance the look of this property for South Lansing residents and visitors. I am happy that we can transform the former EDS building, which has sat vacant for many years. And I am thrilled that we were able to negotiate a package that ensures inclusion of a beautiful greenspace where we currently have a lot of concrete,” said Mayor Schor. “One of my top priorities is corridor development, and this project will be a catalyst for further investment in South Lansing moving forward.”
The project site and the surrounding commercial area of the South Martin Luther King Jr. Boulevard and West Holmes Road intersection form a key commercial center in South Lansing. Rehabilitation of the vacant building, added landscaping, new lighting, right-of-way improvements, among other site fixes will enhance the look and feel of the entire area.
Storage units are planned to open in spring of 2019. Public improvements will be completed throughout 2019.