jackson national life

Steve Carmody/Michigan Radio

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.”

Steve Carmody/Michigan Radio

Lansing Mayor Virg Bernero says he wants four more years in office. He formally announced his campaign today. 

“I’m telling you folks … Lansing is on the verge,” the partisan crowd groaned, and then laughed, as Virg Bernero joked at his campaign kickoff.

Jackson National Life Insurance Company says it plans to spend $100 million on a new office complex in Lansing.

The life insurance and annuities company is headquartered in the capital city.

The expansion will add a thousand jobs of all types.

Mike Wells is Jackson National’s president. He says their growing business has outgrown the complex they built a decade ago.

“We now have twice the employees we had in Michigan,” says Wells, “we have outgrown our space.”