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Home My WebLink About2025 Economic Development Corporation LEDC-Annual-Report 2025 Annual ReportV Lansing Economic Development Corporation li VJIN city on the rise . TABLE OF CONTENTS The accomplishments of 2025 demonstrate a year of meaningful A LetterExecutive Officer 4 progress, strategic investment, and growing community capacity. Leading Lansing's Economic Momentum 5 2025 Impact Summary 6 From major redevelopment projects to support for small businesses and Development - • jects 7 emerging developers, the Advocacy Leadership Lansing EDC and its partners have helped drive new economic activity Lansing Equitable Ecomonic in every corner of the city. Development (LEED) Initiative 9 Lansing Brownfield Lansing's commercial corridors Redevelopment are becoming more vibrant, Notable Highlights 11 more housing is being built across income levels, and new tools and Corridor Improvement • programs are empowering the next Fa�acle Improvement Program 14 generation of local entrepreneurs and developers. Business 's A Letter from our - - • - • ExecutiveOff icer - Chief I want to thank my predecessor Karl Dorshimer, _ _ _ s_ _ who retired from his post as Lansing EDC president development organization _ exclusively and CEO in June,for his decades of commitment to on Lansing.We serve _ between the " ' • • economic development in Lansing.We are buildingpublic and . sectors ._ Rendering • - upon the legacies of our organization's past while economy and better community. _ _ . diverse _ embracing Innovative strategies that position our team of skilled and knowledgeable professionals — city for long-term success. who share • passion for serving improvemission is to In 2025,the Lansing EDC advanced five fosteringstrategic, .• _ and equitable transformative development projects from the early economicgrow . planning stage to formal approval.This unlocked r: more than $100 million in private investment, paving The Lansing EDC also manages + y the way for 121 new housing units and 90 new Brownfield Redevelopment ;• . the Looking around Lansing today, you'll see restored jobs across the city.With nearly 1,000 additional Lansing Tax Increment Financing Authority(TIFA), storefronts, revitalized corridors, and construction multi-family units approved or underway, Lansing's and four CorridorImprovement Authorities cranes reshaping our skyline.These visible signs housing pipeline is stronger than ever.We also in Lansing. Each entity allows access to various invest, expanded support for Lansing businesses through "Lansing is " great place � open � of progress reflect renewed confidence in our city s •• - •• expand microloans, workshops, licensing assistance, and " business, build _ housing, o future and speak to the impact of the Lansing _ retention programs. � _• _ •_ _ _ � o b d D C is at the Economic Development Corporation and its We _ _ en over $4 billion in many partners. economic momentum, driven by investments At the Lansing EDC, we are proud to build on the newpublic-private stron foundation laid before us and look forward D 'o" d " d staff are driving From advancing major mixed-use developments to g '• • -' •' ' _ supporting small business expansion and investing to shaping Lansing's future together.Thank you for _ played _ central role forward. report beinga art of our journey. har� �rk is getting done � people in facade improvements, our work strengthens p yprogress • ' ' •• Lansing'sinvesting in neighborhoods and commercial corridors across real estate projects, supporting local bus - - businesson our corridors, Lansing. Since stepping into the role of president strengthening core • • '• and we can continue this and chief executive officer in July 2025, I've been 4eA� expanding opportunities for emerging developers. incredible growth for our residents." inspired each day by the dedication of our team, collaborators, residents, and business owners. Kris Klein, President&Chief Executive Officer • 4 LANSING ECONOMIC DEVELOPMENT CORPORATION 2025 ANNUAL REPORT 2025 IMPACT SUMMARY The Lansing EDC partnered to support... Development $11217001000 Projects in private development TURNER NORTH DEVELOPMENT BRICK ROW REDEVELOPMENT Over • New multi-family residential development Mixed-use redevelopment with ground floor in the heart of Old Town Lansing. commercial and 15 residential units (three workforce) $26 Million in downtown Lansing's Stadium District. $500,000 in investment $8.1 million 76 housing units in investment secured.in grant (all workforce at or below 80 percent AMI) 15 housing units • = 4 jobs created (all workforce below 120 percent AMI) FTEs 2 jobs created Support: Brownfield Housing TIF, FTEs 80$ 1115 Environmental Assessment Support Support: Brownfield Housing TIF, LBRF Accelerated Reimbursement Loan committed in brownfield pre-development costs. Over • HOLMES & PLEASANT GROVE NIOWAVE EXPANSION Mixed-use development in the heart of southwest Business expansion project that will grow Niowave's Lansing with 30 residential units(six workforce) Radioisotope Manufacturing Facility that develops $420,000 and 5800 sq. ft. of ground-floor commercial space, cutting-edge medical isotope production for including a cafe, credit union, and community center. fighting cancer. $9.6 million $65 million provide• in small •usiness financial ••• in investment in investment 30 housing units 70 jobs created (all workforce below 100 percent AMI) FTEs 121 42 Support: Brownfield Housing TIF, Revitalization and PP 9 Support: Industrial Facilities Tax Exemption (PA198) Placemaking Grant new housing units approved. small businesses supported. 2,029 units completed 2018. 820 W. MILLER $4 million Emerging developer-led redevelopment of a in investment long-vacant, blighted, and tax-reverted strip • , mall at a critical neighborhood center in South 14 jobs created Lansing. Project involves an estimated $4 million FTEs investment and is expected to include tenants Support: Brownfield TIF, LBRF Accelerated newjobs created. •" completed. such as a laundromat, event space, future retail Reimbursement Loan, Revitalization and Placemaking 3,436jobs created since 2018. 64 fagades • • " "• since 2018. establishment, and a dining venue. Grant, Environmental Assessment Support ECONOMIC DEVELOPMENT C•'••' • 2025 ANNUAL REPORT 7 AdvocacyLansing - • - and Leadership Ecomonic Development (LEED) Initiative Advocacy is central to Lansing EDC's role. In 2025, Lansing EDC advanced amendments to The Lansing Equitable Economic DevelopmentAdditional su•••rt included professional brand Economic development requires modern tools, TIFA legislation, strengthening Lansing's ability -• by the Lansing development, human resources consultin• responsive policy, and alignment between public to pursue future investment through expanded EDC to advance -• prosperity and -•- _ technical priorities and private investment. financing capacity and remain competitive for strengthen economic resilience by empowering high-impact development. historically under-served communities. In 2026 the work continues with two additional Working alongside municipal and state partners, Empower Cohorts. Lansing EDC ensures the city has the authority, THE MULTIPLIER EFFECT Developed in response to recommendations financing mechanisms,and flexibility needed Strategic public investment unlocks private capital. from Mayorand Equity THE SEED ACADEMY to compete for investment and advance Tools like TIFA and brownfield financing bridge Alliance, LEED ensures - •- have In 2025,the Lansing EDC launched the first cohort transformative projects.This work removes funding gaps, activate underutilized sites, andSupporting" barriers,expands access to capital,and positions catalyze development.Advocacy ensures these needed to start and sustain successfulbusinesses emerging 20 developers. Lansing to respond to opportunity with confidence. tools remain available and adaptable. program . .. .. . economic growth. nal real estate development skills, including feasibility Since 2018, Lansing EDC has secured more than BEHIND THE SCENES LEED supports - project planning, $23 million in grant funding and supported nearly Progress begins long before construction. emerging developers, - • advances community- selection, accessing capital, and navigating city $8 million in public infrastructure investments. Policy work, legislative updates, and strategic based projects that expand loc- creation. These resources span site readiness, brownfield coordination create the conditions that make Through technical - - • remediation, and environmental assessments, visible development possible. -nds-on support,the initiative accelerates while also supporting streetscape improvements, projects that create jobs, housing, and ` to pedestrian enhancements, and placemaking COMPETING FOR WHAT'S NEXT commercial vibrancyacross Lansing. efforts across the city. As cities across the Midwest modernize financing structures, Lansing's proactive approach ensures it THE EMPOWER PROGRAM remains competitive for investment, infrastructure, ' ' participated STRENGTHENING THE TOOLS _ _ Empower I graduates. THAT DRIVE GROWTH and redevelopment opportunities. second • " - Ild - initiative providing individualized The Lansing Tax Increment Finance Authority From site readiness to placemaking, Lansing EDCbusinessdevelopment plans supported ' project (TIFA)finances downtown infrastructure - continues to align resources and strategy to move that supports private investment and long- Participants managers, -'- ' business specialists. received __kly in-person `~ ' f training coverinusiness strategy, marketing, term growth. the city forward. . . systems development, • • and scaling. SEED Academy 2025graduates. 8 LANSING ECONOMIC DEVELOPMENT CORPORATION 2025 ANNUAL REPORT Lansing Brownfield Notable Redevelopment Highlights i1M Authorit The LBRA reviews and - . - . - . financingRedevelopment Plans that support development through incremental tax capture • BROWNFIELD REVOLVINGREO TOWN CREATIVE TALENT DISTRICT for - broad array • " improvements The LBRA'sBrownfield Revolving In spring of 2025,the Lansing EDC partnered with the National Charrette Institute to made by - project developer. Eligi• ' costs (LBRF) continues to help . . - redevelopment hold a comprehensive visioning session with community members and stakeholders on for •' site preparation, efforts at sites throughout the City of Lansing the future of the REO Town.The ideas and conversations from those sessions revealed demolition, utilities and '- environmental - - several high-impact projects that would improve quality of life for residents and honor the environmental "• - and -.- - .. - planning, and project legacy of innovation and ingenuity of the REO Town neighborhood.In partnership with the housing development activities.The L=- ' also Department of Labor and Economic Opportunity and the Michigan Economic Development manages - local fund - • administers state and • • •rted: In 2025,The LBRACorporation, Lansing EDC was able to secure a Michigan Talent Partnership grant of$4.35 federal •• -ms to support the revitalization of committed ov- :• • • from its LBRF to help million to support infrastructure, programming,and partnerships that will work to reinforce underutilized - • environmentally challenged support environmental • sites REO Town as a magnet for talent and build a community in a place that values imagination properties in Lansing. throughout Lansing. and inclusivity.This grant, launching in 2026,will activate on community-led elements Accelerated Reimbursement ans:The LBRA to develop the"Creative Talent District"supporting walkability,commercial corridor approved Accelerated Reimbursement• activation,activation of density and housing,transportation,and quality of " • • Loans _ Brick Row _•_ _ •• _ life enhancements. ,ell and - : • W. MillerProject, which will EMERGING DEVELOPER NETWORK provide • - these The Lansing EDC continues to cultivate a new generation of local developers through developments through r- • eligible the Emerging Developer Network, an initiative focused on building capacity and costs - the projects ar- underway. expanding access to development opportunities. In partnership with the Ingham jCounty Housing Trust Fund and the Ingham County Land Bank,the Lansing EDC has BROWNFIELD POLICY hosted multiple presentations and training sessions to equip emerging developers milk -, , In July 2025, the LBRA adopted a with the tools needed to bring projects to fruition.A key component of this work has policy for the administration of brownfield been providing education on tax abatements and tax increment financing (TIF), critical ,. redevelopment projects - city.This tools that help close financing gaps and improve project feasibility.Through these ... -. .. - .- - - ..p ongoing engagements, the Network is helping strengthen the local development process, . - ... ed guidance on ecosystem while supporting more inclusive, community-driven investment . .. throughout Lansing and Ingham County. "-',,,,2RATION2025 ANNUAL REPORT 11 THE SOUTH MARTIN LUTHER KING JR. THE SAGINAW STREET CORRIDOR Corridor CORRIDOR IMPROVEMENT AUTHORITY IMPROVEMENT AUTHORITY (SSCIA) (SMLKCIA) has made significant strides in focused on branding the corridor and improving revitalizing the corridor throughout 2025. the aesthetic.The Authority established a Improvement communications and marketing subcommittee • In partnership with the Michigan Department made up of community members and board of Transportation, the Authority installed three representatives.Together,they selected a local Authorities new pedestrian islands at high-traffic areas marketing firm to brand the corridor as the along the corridor.These improvements aim to "Mural District" and strengthen community reduce accidents and fatalities by encouraging outreach efforts.To complement this new drivers to slow down and providing pedestrians identity,the SSCIA created a Mural Sponsorship The City of Lansing and the Lansing EDC have with safer crossing points. Program designed to support businesses and targeted four commercial corridors to focus special • To uplift the corridor's visual identity, SMLKCIA property owners interested in installing murals i redevelopment efforts.These Corridor Improvement hosted a community-focused art competition, along the corridor. Authorities (CIAs) are the Michigan Avenue Corridor resulting in new artwork being installed on Improvement Authority(MACIA), Saginaw Street several CATA bus shelters. Corridor Improvement Authority (SSCIA), South The Authority launched the Southwest Thrive I Martin Luther King Jr. Blvd. Corridor Improvement Program, a four-week business development THE NORTH GRAND RIVER AVENUE Authority (SMLKCIA), and the Lansing Gateway series for southwest Lansing entrepreneurs— CORRIDOR IMPROVEMENT AUTHORITY, Corridor Improvement Authority (LGCIA).The CIAs graduating eight participants.This initiative known as the Lansing Gateway CIA(LGCIA), bring together the businesses and stakeholders was supported by the USDOTThriving made meaningful progress toward the goals along key commercial road corridors to create and Communities Grant and local stakeholders outlined in its Development and Tax Increment implement development and finance plans to revise SMLKCIA introduced a small business grant Financing Plan in 2025. To uplift the corridor's visual identity,SMLKCIA hosted those areas economically and aesthetically. program offering up to $10,000 for businesses a community-focused art competition,resulting in new located within the corridor. The Authority invested in maintenance and artwork being installed on several CATA bus shelters. beautification efforts by hosting a community THE MICHIGAN AVENUE CORRIDOR • The Authority is now working with a local — cleanup and maintaining their landscaping — IMPROVEMENT AUTHORITY (MACIA) marketing company to brand the corridor, installation on the east side of the corridor. continued its efforts to support businesses during enhance community engagement, establish ----- the ongoing Michigan Avenue redesign. a dedicated website, install branded materials The LGCIA established a business grant along the corridor, and launch a new program to support corridor businesses , offering ram rant h its h ' rou program, nThe Authority hosted a virtual information session Facebook page. through g p g g grants up to $10,000. JUN. in partnership with the City of Lansing and the • The SMLKCIA hosted its first annual g a c I Lansing Regional Chamber of Commerce to community cleanup. The LGCIA developed a Mural Sponsorship provide updates on the construction process. Program, set to launch in 2026. • SMLKCIA Chair,Amanda Defrees, showcased • MACIA also completed its Block 2000 Fa4ade all of these accomplishments on WLNS's The Authority closed out the year by hosting Improvement Project, further enhancing the Discover Lansing show. its annual community event at the historic corridor's appearance. Turner-Dodge House. The SMLKCIA hosted its first annual community cleanup. 12 LANSING ECONOMIC DEVELOPMENT CORPORATION 2025 ANNUAL REPORT 13 Ion Faigade Business Improvement -- - Services Program I� In 2025, the Lansing EDC offered several PNC WORKSHOPS AWARD2025 RECIPIENTS N business services to local Lansing businesses. Additionally,the Lansing EDC partnered with These services included workshops and PNC Bank to offer workshops and six seminars seminars, liquor licenses, and business loans. for small businesses, with topics ranging from Joseph Derrick Advisors The Lansing EDC administers the City of Lansing business plans to financials.This program Faqade Improvement Grant Program. LIQUOR LICENSE PROGRAM provided a venue for local business owners Elderly Instrumentsprogram provides design - as wellThe liquor license program is to assist to come and ask questions about business Hammond Properties -imbursement for the redevelopment and businesses that are looking to obtain a liquor banking, business lending, business financials, improvementexterior - ..- license but have difficulty finding a suitable and techniques to lower costs and grow their • Barbershop _ purpose of this program is to assist with liquor license on the open market.The Lansing businesses.The Lansing EDC and PNC have Michigan Avenue Holding Companyaesthetic beauty and - - improvements EDC assisted two new businesses with obtaining helped educate and assist over 40 local Lansing enhanceCapital City Sweets well as the street appearance of Lansing liquor licenses in growing parts of the city.The business owners through this partnership. businesses. - - of program, Lansing first was a development liquor license for Jollof Little BlessingsLearningproperties h - become - attractive to Afro Caribbean Lounge in downtown Lansing. LANSING EDC RETENTION EXPANSION (Northside and Downtown customers and the community, increasing the locations) The second was a redevelopment liquor license AND ATTRACTION PROGRAM Abraham Riverfront - - of local businesses. with Lansing Duckpin Bowling, which is in the In the last year,the Lansing EDC Retention ■ _uss Pets Red Cedar Redevelopment District. Expansion and Attraction Program launched as In 2025, 19 businesses were awarded grants a proactive, data-driven economic strategy to Devils _ •• from the Fa5ade Improvement Program,totaling MICROLOAN PROGRAM retain businesses through support and problem- La Mulata private events $270,695 in funding commitments, spurring The Lansing EDC also continued to assist local solving, attract new investment with specialized additionalprivate investment. _ businesses with our microloan program.The resources and marketing, and facilitate local - • - microloan program offers favorable loan terms company expansion.The purpose is to drive job ■ applied secured ... P 9 P Y P P P SEA LEVEL $500k from _ Michigan Economic Developmentto businesses that need financial assistance creation and strengthen the city's economy. In CorporationGrace _ _ for expansion.This past year,the Lansing EDC 2025, the Lansing EDC met with more than 70 Boutique • • • Improvement Program. Businesses supported provided $80,000 in loan support. Since 2018 businesses to discuss opportunities, issues, HoneyBee Rentals through the Fa�acle Improvement Program can be the Lansing EDC has lent out over$400,000 and business strength.These meetings resulted foundThe Camera Shop of Lansing Inc. _ Lansing and have been appreciated in direct loan assistance to eight Lansing- in development projects, grant opportunities, the community and • _ owners,who see this based businesses. loans, creation of a pitchbook showcasing sites, T.C.I. Properties as a way • the City of Lansing to reinvest _ business connections and partnerships, and Rectown Managementeconomy. other business services. ECONOMIC DEVELOPMENT CORPORATION2025 ANNUAL REPORT 15 Andy Schor LANSING EDC Mayor of the City of Lansing LANSING EDC STAFF Kris Klein YEARS President&Chief Executive Officer Amiee Evans Building Lansing's future Director of Economic Development since 1976. Brian Swett Office&Finance Manager lansingedc.com Aurelius Christian Development Programs Coordinator Alex Watkins 401 S.Washington Square Suite 101 Business Development Coordinator Lansing, MI 48933 Chelsea Dowler Development Projects Coordinator Kahleea Washington Community Development Specialist Shay Manawar Economic Development Finance Specialist BOARD OF DIRECTORS Shelley Davis Boyd Lansing EDC/LBRA/TIFA Chair Chief Operations Officer,M3 Group Calvin Jones Lansing EDC/LBRA/TIFA Vice-Chair Director Government&Community Relations, Lansing Board of Water&Light Alane Laws-Barker,MD,MBA Lansing EDC/LBRA/TIFA Secretary OB/GYN,UM Health-Sparrow,Melanated Business Alliance Jonathan Smith Lansing EDC/LBRA/TIFATreasurer Senior Chief Deputy Director,Michigan Department of Labor and Economic Opportunity Catherine Rathbun Project Manager,MDHHS-Division of Immunization-Michigan Care Improvement Registry Chaz Carrillo Insurance Agent,David Chapman Agency Rawley Van Fossen Director,Economic Development&Planning, City of Lansing Bryan Britten Senior Data Engineer,Consumers Energy Dr.Cristina Benton Director,Market&Industry Analysis, Anderson Economic Group