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MegadealsSubsidy Tracker Individual Entry
Company: Fulton and Seward, L.L.C.
Parent Company:
Subsidy Source: state
Location: Michigan
City: Grand Rapids
Address: 30 Lexington SW Grand Rapids
Zip: 49504
Project Description: This project consists of three multi-story buildings, including residential and ground floor retail uses, as well as a two-story parking deck. The CRP request pertains only to Building A on the site plan and the brownfield TIF request pertains to a majority of the site as well as the parking deck. The importance of this project to the community is the provision of a significant amount of student focused housing in the downtown and west side neighborhood which is expected to relieve pressure on existing and much older housing stock which has become unaffordable to many in the community.
Year: 2015
Subsidy Value: $2,876,001
Program Name: Brownfield TIF Local Mills
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: tax increment financing
Number of Jobs or Training Slots: 28
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.