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Tue December 14, 2010
The state of Michigan to help brownfield redevelopment
The state of Michigan will soon increase assistance to redevelop old industrial sites.
The Associated Press reports:
Redevelopment projects in Detroit, Flint, Grand Rapids, Hamtramck and Lansing are getting a boost with statetax incentives.
Gov. Jennifer Granholm said Tuesday the projects are in line for brownfield redevelopment assistance from the state. Granholm, who leaves office at the end of this year, made the announcement at her last scheduled meeting with the Michigan Economic Growth Authority board.
The brownfield redevelopment projects are aimed at providing new life and investment for abandoned or contaminated sites. The projects include housing and medical office developments in Detroit, business school developments in Grand Rapids and mixed use developments in Lansing.
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