The demolition of the old City Club marks the first step in the development of a 12-story mixed use luxury condo in the heart of Downtown Lansing.
According to excerpts from the article:
But it might be some time before the project rises from the rubble. Developer Shawn Elliott's planned Capitol Club Tower — consisting of 12 stories and a mezzanine — is on hold as he waits for financing.
"With the current banking environment, it's still going to be some time before we can get that going," Elliott said Wednesday as the City Club came down. "However, we're trying to make all steps of progress we can make, and this is one of those steps."
Clumps of white-painted bricks fell to the ground and gutters swung from the roof as a backhoe dug through the 1861 riverfront building Wednesday morning. The City Club, at 213 Grand Ave., was closed about six years ago due to problems with its roof, asbestos and the plumbing, electrical and heating systems.
Read the entire article here.
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