Developer plans $52 million apartment complex in Lansing

LANSING, Mich. (WLNS) - A developer out of Florida has plans to turn a rundown, decaying building on Lansing’s southeast side into a $52-million apartment complex.

That building was once a hotel and is located near the corner of Collins and Dunckel Road.

The proposed 286 unit development would include everything from an outdoor pool, clubhouse, and garage parking…to courtyards, a fenced in dog park to even a leasing center.

And one of the perks about it is it would be down the street from McLaren Greater Lansing’s new hospital.

“When the McLaren hospital happens, there will be lots of young professionals working there of all incomes from the med student to the doctor and everything in between,” said Lansing Mayor Andy Schor.

Last December, McLaren announced its plans to invest $450-million to consolidate two of its facilities into a new hospital near Michigan State University.

This just so happens to be down the street where an abandoned hotel sits near the corner of Collins and Dunckel Road, which will soon transition into an apartment complex.

“This is going to become a key area, a key gateway into Lansing but also into MSU,” Karl Dorshimer stated; Director of Business Development for the Lansing Economic Area Partnership (LEAP).

The proposed project will cost $52-million and of the developer’s investment, $6.7 million of that money will go toward brownfield reimbursement.

That reimbursement would come from a $13.7 million increase in new property taxes the developer would pay as value of the property goes up.

As far as where the remaining $6.3 million will go...

“A big part of it also goes to the local taxing units...the city of Lansing, CATA, the airport, the county,” Dorshimer stated.

Dorshimer says the developer has also committed to invest an additional $500,000 for public infrastructure improvements.

“It could be landscape improvements, it could be an archway, it could be connections to the river trail,” said Dorshimer.

“We think that the housing and the residents will build capacity, will create more growth in terms of mixed use buildings, and office space, and retail and restaurants and things...we think that's the next step,” Mayor Schor stated.

The Lansing Brownfield Redevelopment Authority already approved a 20-year brownfield plan last week. That plan now goes to the Lansing City Council for vote in September.

If all goes according to plan, the project will start construction this fall.

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