The Lansing City Council recently approved tax credits that will help developers start construction on a proposed $22.5 million Grand Avenue development.
The project, nicknamed the “Capitol Club Tower,” includes a 12-story mixed use
space in Downtown Lansing. The Capitol Club Tower will be sandwiched between the Grand River and Grand Avenue.
Plans for the condo include 13 penthouses and a fitness center. Preliminary plans also connect two of the tower floors to the existing parking garage on Grand Avenue, giving condo owners easy access to covered parking. Developers Shawn Elliott and Allen Drouare plan to renovate the existing parking structure.
Drouare says they want the building to include other amenities, such as a restaurant, coffee shop and dry cleaner.
“This is going to be a cool place to live,” Drouare says.
Construction is projected to start in early 2008. Drouare and Elliott are already taking reservations from those who want live in the condos.
“There’s a market for high rise, urban luxury condos in this area,” Drouare says.
Source: Allen Drouare
Ivy Hughes, development news editor, can be reached here.
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