Mayor Andy Schor today announced plans to lease the former Lansing City Market building to Detroit Rising Development (DRD). DRD proposes to transform the site into the Lansing Shuffleboard & Social Club, a hub housing food, drink, games, community classes and entertainment. Detroit Rising Development plans to lease the building, complete improvements to the existing space and add a second-floor mezzanine. All improvements to the site and the building will be financed by DRD. The project plan and lease agreement will be referred to City Council during their meeting on September 14, 2020.
“Using our riverfront is so important in showing the excitement of Lansing, and the City Market area, adjacent to the wildly popular Rotary Park, is one of the best riverfront properties in the city. I am excited for Detroit Rising Development to redevelop the building to bring a variety of new food options, as well as entertainment. It will be a great addition to the riverfront for residents, workers and visitors alike,” said Mayor Andy Schor. “I have continuously said that my priorities for repurposing the former City Market building includes activating the space, ensuring that it is a lasting activation and not needing a yearly subsidy from the City. This project meets all of those conditions and will be a great reuse of the space.”
Detroit Rising Development (DRD) is a growing real estate development and construction management company. They focus on commercial redevelopment projects in walkable, urban neighborhoods. The Detroit-based company was drawn to Lansing because of its vibrant downtown, friendly business community, and accessible waterfront.
In 2018, the DRD team completed the Detroit Shipping Company, a collective of 23 shipping containers that together house five food truck-style eateries, two bars, an art gallery, stage and private event space. The Detroit Shipping Company project is serving as the inspiration for the Lansing Shuffleboard & Social Club.
"We are really excited about this opportunity to bring our creativity and our passion to the City of Lansing. Our intention is to transform the existing market into something more vibrant, more active, and more welcoming to all of Lansing’s diverse residents and visitors," says DRD Founder, Jon Hartzell.
The DRD team is working to secure final financing for the project. This includes requesting loans from the Lansing Economic Development Corporation (LEDC) and the Lansing Brownfield Redevelopment Authority (LBRA) to support operations and make improvements to the City-owned building. These two loan requests are expected to go before the LEDC and LBRA Boards in October or November for their consideration, conditional upon the approval of the lease agreement by the City Council
Lansing City Market Redevelopment Project – FAQ’s
WHO is Detroit Rising Development?
DRD is a Detroit-based real estate development and construction management company. They’re the group behind the Detroit Shipping Company, an award-winning food hall and event space in Detroit’s Midtown neighborhood. DRD focuses on fun, exciting & interesting development concepts located in urban, vibrant neighborhoods.
WHAT are they going to do with the building?
The Detroit Shipping Company project is serving as the inspiration for the redevelopment of the former Lansing City Market. The old market will be transformed into Lansing Shuffleboard & Social Club, a hub that houses six to seven food vendors, a full-service bar, a redesigned outdoor patio, event space and shuffleboard courts. The space will become a destination in Lansing, active with restaurants, retailers, artists, music, events and more – an eclectic blend that reflects the unique essence of Lansing.
WHEN will the building reopen?
We all know we’re living through unprecedented times and it’s impossible to say what the next twelve months will look like, but that being said, the team is planning on starting construction in 2021 and anticipates a Spring/Summer 2022 opening.
The Lansing City Market project will be DRD’s first investment outside the metropolitan Detroit area. The team at DRD is impressed by the local public-private partnerships in Lansing, the local business climate and the extraordinary effort taken to revitalize the City’s riverfront. DRD was attracted to Lansing for these reasons and is looking forward to learning more about the City, its residents and its business community as this project continues to come together.
Is the City of Lansing subsidizing the project?
No, the City of Lansing is not subsidizing the project. However, the Developer will be requesting a loan from the LEDC and the LBRA will be loaning some of their brownfield revolving loan funds into the City property. The Developer will be responsible to repay the loan to the LEDC and the LBRA will pay itself back with captured property taxes. The developer is now seeking bank financing and interested investors.
Will the developer use local labor to complete the project?
DRD will make a best faith effort to hire local Lansing contractors and trades and plans to meet with local union leaders this fall to discuss the proposed scope of the project.