A rendering shared by CWD Real Estate Investment in November 2019 shows the proposed redevelopment of 111 Lyon Street NW in Grand Rapids..
GRAND RAPIDS, Mich. (WOOD) — City officials say a multimillion dollar project to redevelop downtown Grand Rapids’ iconic Vandenburg Center is getting financial support from the state.
On Tuesday, the Michigan Strategic Fund board approved a Brownfield Act 381 Work Plan that would capture about $5.7 million in state and city taxes for cleaning up the sites at 111 Lyon Street NW and 200 Monroe Avenue NW.
Officials said approximately $4.4 million of the funds are from the state.
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