A huge hole in the south end of downtown Lansing may finally be filled. A local developer has purchased the home of the former Lake Trust Credit Union who moved their headquarters to Brighton in Metro Detroit in 2015, though they still maintain a branch on the ground floor.
Along with the 8-story headquarters building at Lenawee and Capitol, they also purchased the entire block. It was one of the sites considered for a new city hall last year.
Quote:
Former Lake Trust headquarters sold to Lansing developers
By Haley Hansen | Lansing State Journal
February 5, 2018
LANSING — The former Lake Trust Credit Union headquarters on the south end of downtown Lansing has been sold to a local development group.
The credit union finalized the sale of the building on the southeast corner of Capitol Avenue and Lenawee Street to Urban Systems last week. The building was on the market for a little more than three years.
The sale is part of Urban Systems' bigger plans to transform largely unused space between downtown and REO Town into housing, office and retail space, said Brent Forsberg, an Okemos developer and one of three principals for Urban Systems.
Forsberg sees redeveloping those blocks as an opportunity to re-energize the entire downtown.
https://www.lansingstatejournal.com/...ers/301150002/
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Plans call for a renovation of the existing building. A 5-to-8-story residential building with retail would go at the corner of Washington (the main retail street downtown) and Lenawee.
Here are some of my self-taken pictures of the area:
Looking southwest
18. Lenawee Street structures by
NewCityOne, on Flickr
Looking north
1. Skyline South by
NewCityOne, on Flickr
P1010004 by
NewCityOne, on Flickr
Looking west
P1010001 by
NewCityOne, on Flickr
Looking northeast from south of I-496
P1010076 by
NewCityOne, on Flickr