LANSING, Mich. — State Sen. Kim LaSata on Wednesday applauded an announcement by the Michigan Strategic Fund (MSF) approving a $1.5 million Michigan Community Revitalization Program performance-based grant to Benton Harbor Flats, LLC for its plan to redevelop a functionally obsolete building into a mixed-use project in downtown Benton Harbor.
According to the MSF announcement, the project will redevelop a vacant two-story building in downtown Benton Harbor near its arts district. The project is anticipated to include 16 market-rate residential apartments, commercial space and the restoration of the original brick facade.
The project is expected to result in a total capital investment of $3.6 million along with the creation of approximately 22 full-time equivalent jobs.
“This is an exciting announcement that will help to revitalize a historic and important part of Benton Harbor,” said LaSata, R-Bainbridge Township. “Once complete, the upgraded structure will help contribute to what is seen as a year-round destination for great food, inspiring art and family-friendly events.
“The project’s additional housing and opportunity for new business will only help to make it that much better. I thank the MSF for its continued support in helping make Southwest Michigan a great place to live and work.”