The City of Lansing is ready to sell the Lansing City Market site to developer Pat Gillespie
for $1.6 million, a deal that will allow Gillespie to start working on
his proposed $30 million, mixed-use Market Place project.
According to excerpts from the article:
It also would give the city enough cash to build a new, year-round City Market immediately to the southwest, in riverfront parkland the city owns.
"I am very enthusiastic, to say the least, about the tall building and corporate headquarters and new, huge amounts of jobs we're creating downtown," said Bob Trezise, president of the Lansing Economic Development Corp., referring to Accident Fund Insurance Co. of America's planned new corporate home and other projects. "But we have to fill in between all those buildings with a new sense of place, a global village. That is really what is going to pull it all together."
The City Market deal requires City Council approval.
Read the entire article here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.