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Downtown Flint Gets $9M-Plus Redevelopment Project

FLINT, MI-Two developers will redevelop three vacant, blighted buildings in downtown Flint for mixed-use. The Michigan Economic Development Corp. kicked in nearly $1 million in tax credits to support the project.

By Dan Heaton | Updated on June 16, 2005

FLINT, MI-Three blighted, obsolete and contaminated buildings in downtown Flint will be revitalized and converted into a major residential, commercial and entertainment complex. The developer, 500 Block LLC, in partnership with Rowe Inc. and Downtown 1 LLC, will invest $9.5 million to transform the vacant, historic buildings located at 532, 538 and 542 South Saginaw Street into a four-story, 60,000-sf, mixed-use development. In addition to providing new space for restaurants, a sports bar, nightclub and eight 1,200-sf loft apartments, the facility will house the corporate headquarters for Rowe Inc., a Flint-based engineering firm currently located on Taylor Drive. The projectwill bring 100 Rowe employees to work at the downtown headquarters.”We hope that this will be one of many more mixed-use projects. Uptown Developments plans to create an exciting environment downtown and a synergisticrelationship with both the campuses of Kettering University and the University of Michigan-Flint,” said Scott Whipple, manager of Uptown Developments. “Both the Uptown Reinvestment Corporation and the MEDC have been great partners on this project and we are excited to bring creative class-type jobs to downtown Flint.” The Michigan Economic Development Corp. kicked in a $957,211 brownfield single business tax credit to support the project.

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