The Southtown Corridor Improvement Authority will hold a special meeting on Wednesday, September 27, 2023, at 3:00 PM at R&R Mechanicals at 433 Crofton St. SE Grand Rapids, MI 49507.If you have any questions, you may contact the Economic Development Office at 616-456-3431.
Southtown CIA Page
The Brownfield Redevelopment program helps offset some of the extraordinary costs that come with urban development of contaminated, functionally obsolete properties. The program uses tax increment financing, which means that when the amount of property taxes increases because of private investment (new construction and/or building renovations), a part of those new taxes can be reimbursed to a developer for certain costs associated with the development. The costs that are eligible for this reimbursement include:
You can see a map of all of the City’s brownfield projects, and get information on the projects, including the amount of private investment, job creation, and in most instances, download the brownfield plans for each project.
The brownfield redevelopment program is a partnership that involves the Brownfield Redevelopment Authority, the Michigan Economic Development Corporation (MEDC) and the Michigan Department of Environment, Great Lakes and Energy (EGLE). We help coordinate projects with our partners.
Your first step to exploring eligibility for this program is to contact our office to discuss the project and its qualifications.
The application and approval process for a Brownfield Redevelopment project can take up to six months. You can find more information in the Resources section below.