Lansing s Red Cedar project could begin in 2016
The project, dubbed Red Cedar Renaissance, moved forward with the signing of a fpatagonia guide pants 44x342ormal development agreement that spells out costs, city incentives, timelines and other details that will set the direction of the project at the 61 acre eastside course.The agreement needs Lansing City Council approval. Should it happen, the city would sell most of the golf course property to developer Joel Ferguson s team for $7.1 million. Mayor Virg Bernero said the proceeds could be used to support the city s parks system. A sale wouldn t close for another year after the agreement s approval.Red Cedar, if it happens, would be the largest single development project in recent Lansing history, with perhaps the exception of General Motors Co. s local assembly plants. It s costlier than both the conversion patagonia r2 fleece jacket reviewof the patagonia guide pants 44x341former Ottawa Power Station into the headquarters of workers compensation insurer Accident Fund Holdings Inc. and the Lansing Board of Water Light s REO Town cogeneration plant, both of which topped out at $182 million.It s also the centerpiece of a broader regional effort to upgrade Michigan Avenue from the Capitol east to Webbepatagonia r1 r2 comparerville, with particular focus on land use and transportation.A preliminary rendering of a proposed site plan for the Red Cedar Renaissance project, a $200 million redevelopmpatagonia guide pants 44x340ent of Lansing s closed Red Cedar Golf Course. I don t think we in the past have taken advantage of the incredible opportunity that Michigan Avenue patagonia outlet store edinburghpresents, Bernero said. We re playing a little bit of catch up, and I m excited about it. Ferguson s team includes development partner Frank Kass, chairman of Columbus, Ohio based Continental Real Estate Cos. The project includes patagonia promotional discount codehousing for Michigan State University studpatagonia discount code expediaents and faculty members, alonpatagonia discount code intuitg with young professionals. It also would incorporate shopping, dining, offices and a full service Hyatt hotel, the namesake brand of Chicago s Hyatt Hotels Corp.Red Cedar would include connections to MSU s residential Brody Complex on the east, a pathway that links to the Lansing River Trail and attempts to improve wpatagonia everlong review portable dvdalkability and access to the Frandor Shopping Center across Michigan Avenue. At least one restaurant should have riverfront views.Housing likely will be dense, with townhouses and rowhouses made of brick, and will consist mopatagonia guide pants 44x343stly of rentals.The development agreement prevents Ferguson s group from signing leases with commercial retailers who already operate stores or restaurants in Lansing orpatagonia guide jacket 16 neighboring East Lansing, said Bob Trezise, president and CEO of regional economic development firm Lansing Economic Area Partnership Inc.The project could be complete by the spring of 2017, Ferguson said, although he expecpatagonia guide pants 42x31tpatagonia guide pants 44x34s to finish earlier. Lansing based Clark Construction Co. will be the chosen contractor, who would use union laborers for the work.
