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MegadealsSubsidy Tracker Individual Entry
Company: 400 S Old Woodward, LLC
Parent Company:
Subsidy Source: state
Location: Michigan
City: Birmingham
Address: 400 Sout Old Woodward Avenue Birmingham
Zip: 48009
Project Description: 400 S Old Woodward, LLC will construct of a three-story mixed-use residential unit with ground level retail. The development will add 12-three bedroom for sale condominiums, with a total capital investment of $12.6 million and the creation of 16 jobs. The project will a $1.1 million mezzanine loan from Develop Michigan, Inc.
Year: 2014
Value of Loan, Loan Guarantee or Bailout Assistance: $833,333
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: 21st Century Jobs Fund/Develop Michigan
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 16
Source of Data:
(click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.