Lansing City Council To Set Hearing On Waverly GC Sale - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Lansing City Council To Set Hearing On Waverly GC Sale

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(WLNS) - The city of Lansing is one step closer to selling the former Waverly golf course. The city has accepted 5.8 millon dollars for the piece of land.

Today Lansing City Council will meet and set a public hearing for the sale.

But before the city sees any development with the nearly 6 million dollar project a couple things have to be done. City Council must approve the transaction and the buyer must complete a 180 due dilligence period.

Lansing mayor Virg Bernero announced the deal with the Livonia-based developers Schostak Brothers and Company last week.

The public hearing being set today will give mid-Michiganders a chance to come out and voice their opinions on the sale.

The developers say they plan to market the land as a place to build retail and residential spaces. The company purchasing the land says the plan isn't quite finished yet.  A Schostak subsidiary also owns and operates major restaurant chains throughout Michigan, including Burger King, Olga's Kitchen, Applebee's Neighborhood Bar and Grill, and Del Taco restaurants.

The money from the deal will be used to make new investments in Lansing's parks and set some money aside for the city's rainy day fund.

More from 6 News: Lansing Set To Sell Former Waverly Golf Course

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