Jackson National Life expansion moving forward after Lansing city council approves agreement
An insurance company’s planned $100 million expansion in Ingham County took an important step forward Monday night.
The Lansing City Council approved an agreement with a neighboring township which allows the city to collect taxes from the new Jackson National Life headquarters expansion. In exchange, the township would receive some city services.
“This puts us in a position where we can start construction in the fall,” says John Brown, the company’s vice president for government relations, “And we are very excited about the continuation of the project.”
There are still several issues to be resolved before the project can move forward, including addressing concerns from some of the property owners who live next to the site.
Jackson National officials hope to finish construction by 2015. They say the expansion should create a thousand new jobs in Lansing.