All of this. You can do great architect on a budget. There are quite a few Lansing developers who do smaller scale projects without all of this "lego-looking" bull the Gillespie's and their ilk do. In fact, you can even make cheap-looking materials look tolerable. I look at Gillespie's stuff and cringe to think what it'll look like even a decade down the road.
Anyway, looks like Red Cedar Renaissance on the old Red Cedar Golf Course at Frandor my
finally begin this year. They are asking less money from the public, which has resulted in a small-if-signifcant downgrading of the project, but it's still multiple buildings and hundreds-of-millions of dollars. The big change is that the developers were originally asking the city to issue $35 million in bonds; the city was didn't want to to do it because of their credit rating, so they asked the county and the county balked at the price tage. They are not only asking for $10.7 million for the public portion of the project and putting in +$60 million of their own toward the public portion, which means they have to do less on the private development side of things.
Quote:
Developers plan to pitch scaled-back Red Cedar Renaissance project to Lansing City Council
By Haley Hansen | Lansing State Journal
February 23, 2018
LANSING — The developers of a $242 million project proposed at the site of the former Red Cedar Golf Course are asking the city to kick in more than $10 million to the scaled-down project.
The development group that hopes to build on the city-owned property near the East Lansing border has submitted a proposal for a purchase agreement with the city, asking for $10.7 million in general obligation bonds to pay for the public infrastructure portion for the project. A brownfield plan would collect property taxes to pay off the bond.
“This will be another shot in the arm in the Michigan Avenue corridor growth," Lansing Mayor Andy Schor said. "That’s a good thing for the city.”
The group will give a presentation to the City Council Monday night. The council would need to approve the purchase agreement.
https://www.lansingstatejournal.com/...hor/359136002/
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What's made this project so difficult is that it's a massive public project and private project. First off, it's not only in the floodplain, but a huge chunk of it is in the floodway. Some Michigan State Police aerials from a few days ago showing the land in the background:
So, what is being required for the private part of the project is a plinth to lift the entire thing above the floodplain. Twenty acres of this will remain parklands which will clean run off into the Red Cedar River, which the county is required to do in one way or another. Anyway, the requirements of the project in the development agreement include:
Quote:
1. Hotels: A full-service hotel on Michigan Avenue not less than 5 stories and 80 feet tall containing no fewer than 130 rooms, meeting facilities, and at least one commercial space. A select-service hotele on Michigan containing not less than 5 stories and 80 feet tall containing no fewer than 120 rooms.
2. At least 40,000 square feet of commercial space.
3. Residential: Not less than 115 two-bedroom units and 55 one-bedroom units of market rate housing. Not less than 1,248 beds (in at least four stories) of student housing. An assisted-living facilities of at least four floors and 112 units at Clippert and Michigan.
4. A boardwalk across the entire length of the park portion of the property.
5. Walkways connecting the project to the Brody Complex dormitories.
6. A development-wide parking plinth, and "aesthetically appealing" streetscape designs.
Additional requirements include:
1. All buildings fronting Michigan Avenue must be at least two stories, and the primary usage of the first floors must be commercial. All buildings of the entrance drive must have their first floors dedicated to retail and restaurant space in particular and have offices or residential space above.
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The plinth is going to take up quite a few months of the initial construction. The good thing about this is that the developers have said they already have hotel tenants kicking down the door to get in here, and they have some of the retail still interested in the site. As for the massing on the site, it sounds like the hotels will probably be similar in height to the SkyVue Apartments across the street.