Mayor Andy Schor today announced that the Michigan Strategic Fund (MSF) Board approved the Red Cedar Renaissance Brownfield Redevelopment Plan application.
“With today’s approval from the Michigan Strategic Fund Board, I am thrilled that the Red Cedar Project has now attained all necessary state and local approvals to move forward,” said Mayor Schor. “The $256 million redevelopment will create necessary hotels, recreation, retail, and housing, as well as strengthen the Michigan Avenue Corridor and help bridge the gap between the Capitol and campus. This is positive news, especially given the unforeseen economic hardship that we’re experiencing as a result of the COVID-19 pandemic. This continued investment will help drive Lansing forward and is a good sign to others looking to invest in the city.”