The city and the Signa Group were discussing details for a long time, but now the reconstruction of the Alte Akademie in the centre of Munich is finally underway. Completion of the project is scheduled for 2023. The duration of the construction phase is determined by the complexity of the process, due to the need to protect historical monuments. The work has to be carried out in individual steps, Alexander Cronauer, who is responsible for the Signa project development division in Munich, explained. Close cooperation between authorities, planners and contractors in the planning and construction phase is a key factor for the smooth handling of the work.

Spanning an area of over 21,000 square metres, the historic building complex will offer a mixture of retail space, restaurants, modern offices and attractive apartments. The office space, covering approximately 9,000 square metres, offers flexible options for innovative spatial solutions. Modern retail concepts will be arranged effectively on around 8,000 square metres. Here, the mix of tradition and innovation that is characteristic of Munich is developed anew.

In the initial phase, which will conclude by the end of 2020, parts inside the building that have been agreed with the preservation authorities will be dismantled, the complex construction logistics will be successively set up and the foundation will be upgraded under archaeological supervision, among other things with the aim of protecting a 15th-century ground monument. The shell structure will be dismantled next. At the same time, individual ceiling sections in the historical part of the Alte Akademie will also be dismantled and the roof truss and the existing windows renovated. With the completion of the shell work from the middle of 2022, the finishing work will begin until the handover to tenants in 2023.

The Alte Akademie is located in one of the most attractive areas in the heart of Munich and has a 130-metre-long front in the pedestrian zone. This former Jesuit College was originally built in the 16th century. It was acquired by Signa in the form of a 65-year leasehold in 2013. In coordination with the regional capital Munich, an international single-stage realisation competition was held, and the results were presented to the public in April of 2016.

The contract for the conversion was awarded to Basel-based architectural firm Morger Partner Architekten. The historical ensemble will be developed further in a harmonious and sensitive way. All faades will be renovated in accordance with preservation orders. Any interventions that may be necessary are based on the character of the existing architecture, which is over 400 years old.

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Signa starts renovations on the Alte Akademie in Munich - Property Magazine International

ITHACA, N.Y. -- As phase one of the pandemic re-opening continues in the Southern Tier, construction projects outside of public resources and infrastructure are being allowed to move forward. Among them are two larger development previously approved for the city of Ithaca - the redevelopment of the Chacona Block (a.k.a. the old Collegetown Bagels building) at 411-415 College Avenue in Collegetown, and West End Heights on the corner of West Court and North Meadow Streets.

Both are currently in the demolition and site preparation stage. Demolition work had previoiusly been allowed to proceed at the vacated West End Heights properties at 709-713 West Court because affordable housing development was okayed by the state as a public resource development. Demolition work on the old Chacona Block will begin on May 27th, per notice from the City of Ithaca.

The five-story West End Heights project, developed by Lakeview Health Services, will bring sixty apartment units to the city when it comes to completion in late 2021. As previously reported, "(o)n the first floor of the $21.7 million building, office space will be available for both residents and other Lakeview clients. Twenty of the units will be reserved for people with a mental health diagnosis, and an additional 10 units are for people with a diagnosis who are also experiencing homelessness. The remaining 30 units are affordable housing (households making less than 60% area median income), with eight of those units for 'homeless or unstably housed individuals who may also have special needs relating to substance abuse and/or HIV/AIDS'".

As is often the case with affordable housing, projects like West End Heights take years to begin construction after receiving approval from planning boards. They are dependent on federal housing grants and awards because lower-income housing doesn't have a high enough return on investment (profit) for conventional bank financing. Although the project was approved in the fall of 2017, the last needed piece of construction funding wasn't rewarded until last May. The city of Ithaca, Tompkins County and the state of New York have all contributed funds to help make the project a reality.

Plan Architectural Studio of Rochester is the architect, while local firm Trowbridge Wolf Michaels Landscape Architects is handling the landscape designs. Another local company, T.G. Miller P.C., is in charge of the civil engineering and site surveying.

Meanwhile, across the city in Collegetown, Student Agencies is beginning work on their new home at 411-415 College Avenue. The project has not been without controversy, as the century-old Chacona Block was debated for historical designation (landmarking). The discussion, which drew heated commentary both in favor and against the designation, which would have prevented demolition in all cases except emergency. The Common Council was split by a 5-5 vote, with the mayor casting the tie-breaking against the designation.

As planned, the new $12 million Student Agencies building would provide first-floor commercial retail space and 56 student-oriented apartments on the second through sixth floors. A public plaza would take the place of the former Collegetown Bagels Patio space on the roundabout intersection of Oak and College Avenues. Final site plan approval for the development was granted in February, with a planned August 2021 opening. The phase one re-opening came in time for the project to stay on its original construction schedule.

Local firm HOLT Architects designed the new building, and prolific Ithaca firm Whitham Planning and Design penned the new public plaza space. T.G. Miller P.C. did the civil engineering work, and Ithaca's Elwyn & Palmer Consulting Engineers provided further engineering work.

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With construction work okayed, two major Ithaca projects move forward - The Ithaca Voice

Centurion Union, Phase II. AMERICAN LANDMARK DEVELOPMENT

A four-story building is taking shape along Stuyvesant Avenue in Union representng the second phase of Centurion Union, a mixed-use development helping to transform the townships re-imagined Union Center.

Steel is 75 percent up and the elevator and stair towers are topped out to the fourth floor of the building, which will offer 75 rental residences and 10,000 square feet of street-level retail space.

The construction progress follows the success of Centurion Unions first phase, a collection of 80 luxury apartments that opened earlier this year and is already 50 percent leased, with a number of residents moved in. The multi-phase project is being developed by American Landmark Development, which was designated by the Township of Union as the redeveloper of the Stuyvesant Avenue Redevelopment Project. When completed, the initiative will deliver 300 new residences and approximately 27,000 square feet of retail space housed in four buildings.

Were excited to show tangible evidence of our shared vision with Union Township of providing a downtown destination for residents to live, dine and shop, said American Landmark DevelopmentFounder Manuel Fernandez. With the first phase of apartments completed and already being enjoyed by residents and construction moving along on the second phase, were well on our way to breathing new life and energy into Union Center.

American Landmark expects to deliver Centurion Unions second phase in approximately eight months.

Leases have already been signed for a portion of the 10,000 square feet of retail space, including Unity Bank which will anchor the space. The entire project will occupy 724 linear feet along Stuyvesant Avenue.

Located at 975 Bonnel Court, Centurion Unions initial five-story building features 80 luxury apartments and a host of modern amenities. Net-effective monthly rents currently start at $1,825 for one-bedroom residences and $2,400 for two-bedroom floor plans with up to two free months, a limited time $50 monthly bonus, and a reduced security deposit. Immediate occupancy is available, with additional incentives available for quick move-ins.

The Marketing Directors, Centurion Unions exclusive marketing and leasing agent, employed a digital presentation to maintain strong leasing velocity. The customized one-on-one experience leverages video, images, floor plans and other digital tools to fully demonstrate the new lifestyle offering.

Homes feature keyless entry doors and expansive living spaces with 9-foot ceiling heights, wide wood-style plank flooring, and vented in-home washer and dryers by GE. Kitchens offer full-size slate GE appliances, gas range stoves, island/peninsula work spaces and quartz countertops, while baths are equipped with glass-enclosed showers, porcelain tile and polished chrome fixtures.

Residents of the 24-hour access-controlled building also enjoy a modern suite of amenities to provide a complete lifestyle experience, including a fitness center, game room, resident-only lounge, flexible co-working space, childrens playroom, dog run and onsite parking.

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Phase II of Centurion Union construction well underway - NJBIZ

Construction of The Ascent at Top of the Hill, a US $80m mixed-use, luxury residential apartment development at the gateway to Cleveland Heights has begun. The Top of the Hill project is located at a four-acre parcel the junction of Cedar Road and Euclid Heights Boulevard.

The project is the biggest mixed-use residential project in Cleveland Heights and will feature some of the best amenities offered in the greater Cleveland metropolitan area. The project consists of 261 luxury market rate apartment homes and 11,000 square feet of commercial retail space and a 500-space parking garage.

Comprised of studios, one and two-bedroom apartment homes and select premium three-bedroom penthouses, The Ascent will be authentic to the areas rich heritage by stitching together the iconic and modern and the historic.

Residents will enjoy a variety of amenities including a rooftop amenity area featuring a rooftop pool, rooftop lounge including two grills and firepit. The project is designed to include two distinct co-working spaces, one an indoor co-working lounge, the other an outdoor co-working patio space.

A quarter-acre public green space is designed as a small public park, with opportunity for public art, outdoor recreation and leisure. The park also provides pedestrian access to the public garage.

Also Read: US 2.3bn One Madison Avenue project to be developed in Manhattan, US

Additionally, the project features a bark park and dog spa, fitness center featuring workouts on demand, bike storage area with bike wash and repair station and an additional courtyard space with grill and outdoor kitchen. Residents will have access to private garage parking and parcel delivery system, and a pedestrian bridge connecting the buildings will provide weather protection, move-in staging rooms and a guest suite.

The Ascent at Top of the Hill will be focused on custom service to their residents, featuring morning coffee service and other hotel-like amenities. Apartments will include modern finishes, LED lighting, washer/dryer, stainless steel appliances, quartz countertops, secure fob building and unit access and most apartments include private balconies.

In addition to the public private partnership with the City of Cleveland Heights, Goldman Sachs Private Bank provided a US $52.6m construction loan to the project.

Construction immediately began this week following financial closing. It is the second Flaherty & Collins Properties development to close in the past 30 days, following 4th & Race in downtown Cincinnati. The firm anticipates closing several more projects in the coming months.

According to David Flaherty, CEO of Flaherty & Collins Properties, it is great to see so many cities investing in economic development, especially at this critical time. Residential and mixed-use projects no doubt creates jobs, boost the economic impact and make robust and thriving neighborhoods.

The Ascent at Top of the Hill, at 460,056 square feet, is anticipated to be completed by the Spring of 2022.

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Construction of The Ascent at Top of the Hill project in Cleveland Heights, Ohio, US begins - Construction Review

Manhattan, NY The Tri-State Investment Sales Group for Avison Young has arranged the $28.712 million sale of a retail condominium unit located at 1683 Third Ave. on behalf of the propertys ownership, a partnership headed by Extell Development Co., the propertys developer. The asset is located within the Yorkville submarket of the Upper East Side and situated at the base of The Kent, a newly constructed, 30-story condominium building on the corner of Third Ave. and 95th St.

An Avison Young team comprised of principals James Nelson, head of tri-state investment sales, Vincent Carrega, Neil Helman, director Brent Glodowski and associate Angela Mulder, represented the owner.

The newly constructed property features 12,796 s/f at grade and a 9,767 s/f lower level selling space for a total of 22,563 gross s/f. The NYC School Construction Authority currently has a long-term lease at the property occupying 11,492 s/f on the ground floor, while the remaining 1,304 s/f ground floor space and entire 9,767 s/f cellar were available for lease at the time of the sale.

The retail condominium at The Kent offered the opportunity to acquire a newly constructed retail space in the base of a beautiful luxury Upper East Side property with a built-in tenancy and an in-place cash flow, as well as future upside with the remaining available space, said Nelson. Even in this challenging retail market, Avison Young found that there was significant interest in this investment, driven primarily by the credit of a long-term lease with the New York City School Construction Authority for a Pre-K school, servicing thousands of residential units and young families in the Yorkville neighborhood.

The property features 212 ft. of frontage (including 161 ft. on Third Ave. and 51 ft. on 95th St. as well as 15 to 19-ft.-high ceilings on grade and 15-ft.-high ceilings on the lower level. The investment also includes a 421-a tax abatement benefit.

The neighborhood is an ideal location for any number of retailers including restaurants, shops, medical offices, fitness centers and other retail uses. 1683 Third Ave. is located just one avenue west of the 96th St. and 2nd Ave. subway station serving the Q line and one avenue east of the 96th St. and Lexington Ave. subway station servicing the 6 line.

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Avison Young arranges $28.712 million sale of Upper East Side retail condominium; owner is partnership led by Extell Development - New York Real...

Modera Creative Village will deliver 292 multifamily units to the Creative Village district of Orlando.

ORLANDO, FLA. Mill Creek Residential, a Florida-based developer, has broken ground on Modera Creative Village, a 292-unit luxury multifamily property in the Orlando.

Located at 505 Chatham Ave., the eight-story midrise building will feature studio, one-, two- and three-bedroom units as well as 10,000 feet of ground-floor retail space. Amenities include a fitness center with a yoga area and classes, a pool and an outdoor courtyard lounge.

Modera Creative Village is part of a master plan for the 68-acre Creative Village district of downtown Orlando. The project is a redevelopment of the former Amway Center sports and entertainment venue. The full development plans include multiple office, residential, retail, hotel and higher education projects.

Modera Creative Village is adjacent to the Lynx Central railway station and the Downtown Recreation Complex at Sunshine Park. Other attractions include a range of museums, restaurants and retail centers, including the Bob Carr Theater, Dr. Phillips Performing Arts Center and several art galleries.

The momentum of Creative Village will produce a dynamic urban infill neighborhood with prime opportunity for immediate growth, and were excited to be a part of it, says Eran Landry, vice president of development for Mill Creek Residential.

First move-ins are anticipated for early 2022.

Mill Creek Residential owns more than 80 multifamily properties totaling more than 21,300 units. The portfolio is concentrated in the Southeast, Northeast and Western regions of the United States.

Alex Patton

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Mill Creek Starts Construction of 292-Unit Modera Creative Village Multifamily Property in Orlando - REBusinessOnline

Gallery 3100 will join Elements on Third, located just two blocks north, which broke ground a few months ago on the third phase of their community. Elements on Third is being developed by Altis Cardinal at 3100 3rd Avenue North, three blocks north of Gallery 3100, and is in the process of converting existing office buildings into lofts. The adaptive reuse project will be complimented by new buildings for a total of 432 units.

Soil remediation and core sampling at Gallery 3100 is in process with concrete foundation work expected to begin in June. The first units at the property should be ready in late-Spring 2021.

Financing for the project was provided by Synovus Bank via a $16.1 million loan and was arranged by Matt Williams and James Maynard of Newmark Knight and Frank. Baker Barrios is serving as the architectural design firm for the project. And once completed, Incore Residential will be handling the leasing and management of the property.

For more information on Gallery 3100, visit their website.

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Gallery 3100, a 122-unit apartment building, breaks ground in the Grand Central District - St. Pete Rising

LANSING, Mich. (Press Release) - The Michigan Strategic Fund Tuesday approved a broad range of initiatives, business expansions and community revitalization projects to drive the economic recovery of Michigans businesses and communities and position the state for future prosperity, the Michigan Economic Development Corporation announced.

Todays MSF actions build on our efforts to deploy every resource available to support Michigans businesses, communities and residents as they work to economically recover from the COVID-19 virus, said MEDC CEO Mark A. Burton. It is more vital than ever that we stay focused on restoring economic prosperity for all Michiganders and the projects approved today are putting our state in a position to not only recover economically, but to thrive.

With Tuesdays announcement, the MEDC has deployed 14 response programs in the past two months to support small businesses, communities, entrepreneurs and workers in all corners of Michigan in combating the economic impacts of COVID-19, providing support for more than 2,700 companies and helping retain more than 11,000 jobs for Michigan workers. These programs have reached all 83 counties in the state, assisting businesses across a range of industries, including food service, retail, healthcare, construction and professional services, among others.

New Financial and Programmatic Support Available for Small Businesses and Communities Impacted by COVID-19

Metro Community Development, Inc., a Community Development Finance Institution based in Flint, received approval on a $2 million loan through MEDCs Capital Access program to make micro and small business loans ranging from $5,000 to $250,000 to Michigans small businesses in the 13 counties it serves, with an emphasis on businesses located in economically disadvantaged areas. The program is aimed at assisting those businesses that have been most impacted by the COVID-19 virus, such as restaurants, coffee houses, retail stores, and service providers. Businesses can use these loans primarily for working capital, acquiring machinery and equipment, and inventory.

Metro Community Development will begin accepting loan applications today. Businesses interested in applying for a loan should visit https://www.metrocommunitydevelopment.com/business-lending to apply through the Metro Community Development BizTHRIVE program.

The Metro Community Development loan provides business relief in counties not previously covered through a $2 million loan approved by the MSF in April to Northern Initiatives. Northern Initiatives is using the funds to assist small businesses in the 77-county region it serves. Between that loan and todays approval for Metro Community Development, businesses in all counties in Michigan except Wayne have been provided access to micro loan funds through the MEDC Capital Access program. It is anticipated that a similar loan will be recommended to cover Wayne County at an upcoming MSF meeting.

The Michigan Strategic Fund today also approved updated guidelines to the MI State Trade Expansion Program (MI-STEP) to increase the reimbursement ceiling from 50 percent to 75 percent for international website development for companies impacted by COVID-19. Activities may include website translation, search engine optimization and localization services. The increased cap will help provide greater support for companies in going global with their business, making it more favorable for them to participate in export activities. The approved changes, based on directives from the U.S. Small Business Administration as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, also include increasing caps for allowable reimbursements for small- and medium-sized businesses engaged in exporting activities.

MI-STEP is designed to spur job creation by empowering Michigan small businesses to export their products and is administered by MEDCs Export and International Trade Program. MEDCs MI Project Exception Program (MI-PEP), which provides export assistance to companies that do not meet the SBAs small business requirements, also received MSF approval of similar updates to its guidelines so that it remains consistent with the MI-STEP program.

The MSF also approved the 2019 Action Plan amendment for the Community Development Block Grant program, which includes incorporating $20.5 million in CDBG Coronavirus Response funds into the program to be used for CARES Act eligible activities.

Over the past two months, we have responded with agility to expand existing programs and develop specific relief efforts to face the current crisis while keeping our attention on the future economic needs of the state, Burton said.

Key Michigan Industries Expanding with MSF Support

Additional projects approved today by the Michigan Strategic Fund are providing key opportunities to support businesses that serve as a foundation to create high wage growth and regional impact across the state. This includes business growth projects in critical industries including medical device manufacturing and automotive manufacturing.

Packaging Compliance Labs is a medical device packaging engineering and testing firm headquartered in the city of Kentwood. The company specializes in assisting global medical device manufacturers in speeding new medical devices to market while maintaining regulatory compliance to FDA and international requirements.

PCL is experiencing increased demand and plans to expand at its Kentwood facility, a project that will generate a total private investment of $2.57 million and create 27 high-wage jobs. PCL is also heavily invested in the training and development of its employees with its implementation of PCL University to put employees in a position for upward mobility. As a result, PCL has been awarded a $135,000 Jobs Ready Michigan program performance-based grant. Michigan was chosen over competing sites in Denver and Tampa.

The Jobs Ready Michigan program was designed to provide grants for business expansion and location projects that lead to job creation and investments in Michigan that have a demonstrated training need, particularly in pursuing new opportunities for high-tech, high-demand, and high-wage jobs.

PCL has a worked closely with the Right Place, MEDC and several other local organizations since our inception in 2014. We are grateful to have these support systems available in our community, said Packaging Compliance Labs President Matthew Lapham. This grant is another example of the great resources offered to small businesses here in Grand Rapids.

The Right Place has offered staff time and resources in support of the project. Individuals interested in careers with PCL should visit https://pkgcompliance.com/careers-internships/.

ArcelorMittal Tailored Blanks Americas Corporation is a subsidiary of ArcelorMittal, the world's leading steel and mining company, serving the automotive industry including all major OEMs and Tier 1 suppliers. In November 2016, the company received a $2 million Michigan Business Development Program performance-based grant for plans to establish a manufacturing facility in the I-94 Industrial Park in the city of Detroit. The project was expected to generate a total capital investment of $83 million and create 120 jobs, and was the companys first and only facility in Michigan.

The company has reached its milestones and has recently secured new business to begin manufacturing contracts with two different automotive OEMs. The new product lines will require an expansion at ArcelorMittals existing facility in Detroit. As a result, the Michigan Strategic Fund today approved an increase to the companys MBDP grant and a five-year, 100-percent State Essential Services Assessment exemption valued at $379,200. ArcelorMittal pays higher than average wages and provides employees with an intensive technical training program, allowing the company to retain highly skilled employees. Todays actions will strengthen Michigans standing as a leading place for manufacturing companies to expand. To learn more about ArcelorMittal Tailored Blanks visit https://usa.arcelormittal.com/our-operations/tailored-blanks.

MSF Awards $950,000 to Continue Driving Commercialization of University Technologies

In support of the states entrepreneurial ecosystem, MSF also awarded $950,000 to Michigan Translational Research and Commercialization (MTRAC) Programs across the state. MTRAC programs supported by the MSF include:

- MTRAC Advanced Computing Innovation Hub at Wayne State University ($350,000)- MTRAC Advanced Materials Innovation Hub at Michigan Technological University ($250,000)- MTRAC Agriculture-Biology Innovation Hub at Michigan State University ($350,000)

MTRAC supports the acceleration of technology transfer from Michigan higher education institutions, nonprofit research centers and hospital systems for commercialization of competitive-edge technologies in the key areas of agriculture-biology, advanced computing, advanced transportation, life sciences and advanced materials. The MTRAC program is supported by funds from the MSF and administered by the MEDC, with additional funding coming from partner institutions.

More information on those awards can be found at https://www.michiganbusiness.org/press-releases/2020/05/michigans-entrepreneurial-ecosystem-receives-nearly-$1-million-to-support-high-tech-university-researchers/.

Community Revitalization Projects Supported by MSF to Help Create Vibrant Communities, Attract Talent

The Michigan Strategic Fund also approved five community revitalization projects that are helping to create the vibrant communities that attract talent through innovative placemaking. By contributing to traditional downtown districts and revitalizing public space in geographically disadvantaged area these projects are helping to establish attractive places to live, work and play.

The Woodward at Midtown project will construct a new five-story mixed-use building on a vacant site along the Woodward corridor in the Midtown neighborhood of Detroit. The completed project will include retail space on the first floor and 204 residential units on the upper four floors, with 41 of the units being reserved for individuals earning 80 percent or less of the area median income. The project is expected to generate a total capital investment of $59 million and will result in activating one of the last remaining vacant lots in the area, while also bringing needed residential housing to the area. MSF today approved a $5.3 million Michigan Community Revitalization Program performance-based loan participation in support of the project.

The City of Detroit Brownfield Redevelopment Authority also received MSF approval of a brownfield work plan including state tax capture in the amount of $900,841 to be used for the remediation of brownfield conditions at the site. The city of Detroit Downtown Development Authority is also supporting the project with a $2.2 million loan, reduction of the land acquisition price, approval of the local portion of the brownfield tax increment financing with an estimated value of $1.55 million, and anticipated approvals of Commercial Rehabilitation Act and Neighborhood Enterprise Zone tax abatements valued at more than $10 million. The city of Detroit is engaged with MEDCs Redevelopment Ready Communities program.

Bagley Development Group, LLC plans to rehabilitate a historic, eighteen-story, mixed-use building in the heart of downtown Detroit. The United Artist Building will consist of 148 mixed-income residential units and first-floor commercial space. The project is expected to generate a total capital investment of $73 million and create 25 full-time equivalent jobs, and will reactivate a long-vacant historic asset, increase density near Grand Circus Park, and bring much-needed affordable housing to the area. MSF today approved a $5 million Michigan Community Revitalization Program performance-based loan participation in support of the project. The city of Detroit plans to contribute $3 million in Community Development Block Grant (CDBG) funds toward the project and is anticipated to include both an Obsolete Property Rehabilitation Act abatement valued at $382,456 and a Neighborhood Enterprise Zone abatement valued at $8.3 million. The city is also providing a $2.5 million loan from the Downtown Development Authority.

The village of Cassopolis has received $2.8 million in CDBG funds for public improvements for the Imagine Cass Streetscape Transformation project in downtown Cassopolis. The project will build on the villages comprehensive Imagine Cass master plan that focuses on four main themes by implementing physical improvements that impact more than 400,000 square feet of public space in downtown Cassopolis and the surrounding corridors. These improvements will enhance the aesthetics and infrastructure of the district, while also improving connectivity and access of low- and moderate-income community members to local businesses and services, encouraging private investment and enhancing safety for pedestrians and bicyclists. Specific activities that will be completed include new striped bike lanes, pedestrian crosswalks, traffic lane reductions to help slow traffic to a safe speed, improved landscaping, lighting, public seating, free WiFi and replacing existing water main infrastructure. The total project cost is estimated to be $5.95 million. The village of Cassopolis is contributing $3.15 million toward the project.

The city of Ishpeming has received $1,896,342 in CDBG funds for public facilities improvements needed for the Senior Center Public Facilities development project in downtown Ishpeming. The project includes the construction of a new senior center that will comprehensively serve the senior citizens of the area and the demolition of the previous, blighted center to allow for higher-density downtown development. The total project cost is estimated to be $2.073 million, with the Greater Ishpeming Commission on Aging and the city of Ishpeming providing $207,338 toward the project.

In addition, a $490,730 CDBG grant was recently approved under MSF delegated authority for the Senior Center Public Facilities project in Negaunee. The city of Negaunee is contributing $52,136 in local funds toward the project. The project will allow the city to continue to provide services and opportunities to senior citizens who reside in Negaunee and the surrounding communities.

The City of Lansing Brownfield Redevelopment Authority has received MSF approval of a brownfield work plan that will include $19,844,895 in state tax capture reimbursement for the Red Cedar development project in the city of Lansing. The project will be located on the former Red Cedar Golf Course site, redeveloping a 35.57-acre portion of a 60-acre riverfront site into a mixed-use development with several components including two hotels, an assisted living facility, multi-family housing, student housing, retail, restaurants, public infrastructure and placemaking improvements. The remainder of the 60-acre site will be transformed through an Ingham County Drain Commission project into a public park with trails and wetlands.

The project is expected to generate a total capital investment of $255.6 million and create approximately 397 full-time equivalent jobs. The city of Lansing is supporting the project through the approval of the local portion of the brownfield tax increment financing with an estimated value of $39.69 million and the Lansing Board of Water and Light will be investing $278,965 to remove an electrical substation. The city of Lansing is certified with the MEDCs Redevelopment Ready Communities program.

Todays actions by the MSF Board send an important signal that the state of Michigan is focused on COVID-19 recovery efforts while continuing to support the businesses and community projects that will secure the long-term economic health of our state.

To learn more about MEDCs COVID-19 response programs and the impact they are having on economic recovery efforts, visit michiganbusiness.org/covid19response. Other resources for businesses across Michigan struggling with economic losses as a result of the COVID-19 virus can be found online at michiganbusiness.org/covid19. The MEDC has also developed a FAQ for Michigan businesses and communities at michiganbusiness.org/covid19-faq.

Information around this outbreak is changing rapidly. The latest information is available at Michigan.gov/Coronavirus and CDC.gov/Coronavirus.

For continuing coronavirus coverage from TV6 & FOX UP, visit uppermichiganssource.com/coronavirus.

About Michigan Economic Development Corporation (MEDC): The Michigan Economic Development Corporation is the states marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigans economy. For more information on the MEDC and our initiatives, visit http://www.MichiganBusiness.org. For Pure Michigan tourism information, your trip begins at http://www.michigan.org. Join the conversation on: Facebook, Instagram, LinkedIn, and Twitter.

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Michigan Strategic Fund actions help drive economic recovery around the state, position Michigan for future prosperity - UpperMichigansSource.com

Smes

The report is a compilation of different studies, including regional analysis where leading regional Retail Space Planning Software markets are comprehensive studied by market experts. Both developed and developing regions and countries are covered in the report for a 360-degree geographic analysis of the Retail Space Planning Software market. The regional analysis section helps readers to become familiar with the growth patterns of important regional Retail Space Planning Software markets. It also provides information on lucrative opportunities available in key regional Retail Space Planning Software markets.

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Table of Content

1 Introduction of Retail Space Planning Software Market

1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions

2 Executive Summary

3 Research Methodology

3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources

4 Retail Space Planning Software Market Outlook

4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis

5 Retail Space Planning Software Market, By Deployment Model

5.1 Overview

6 Retail Space Planning Software Market, By Solution

6.1 Overview

7 Retail Space Planning Software Market, By Vertical

7.1 Overview

8 Retail Space Planning Software Market, By Geography

8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East

9 Retail Space Planning Software Market Competitive Landscape

9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies

10 Company Profiles

10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments

11 Appendix

11.1 Related Research

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Retail Space Planning Software Market Development, Trends, Key Driven Factors, Segmentation And Forecast to 2020-2026 - Cole of Duty

1.Infection control in office buildings: Preparing for re-occupancy amid the coronavirus (BD+C)"Prior to the coronavirus outbreak, the AE firm Gresham Smith had a client in Tennessee that was in the process of consolidating 1,000 of its employees into an office building that already had 1,000 of its workers."

2.Clemson's new Outdoor Education Center uses a Mass Timber Structural System (BD+C)"Clemson University's 16,000-sf Andy Quattlebaum Outdoor Education Center has become the first mass timber structure on the campus and the second mass timber facility in the nation to use Southern yellow pine as the primary building material."

3.Will empty hotels provide an answer for affordable housing shortage? (BD+C)"Richard Rubin sees the current spate of empty hotels, motels, retail, and office spaces created by the pandemic as opportunities for adaptive reuse to affordable housing, which is in perennially short supply in many markets in the U.S. and around the world."

4.COVID-19 will cause North America construction output to fall by $122.4bn in 2020 (GlobalData)"Amid the rapid decline in demand for new projects and safety regulations related to the COVID-19 pandemic, construction output in North America is now anticipated to fall by 6.6% in 2020, which is equivalent to $122.4bn, and down sharply from the previously expected rise of 0.6% prior to the outbreak (+$12bn), according to GlobalData, a leading data and analytics company."

5.AI Cameras Police Social Distancing at Work (WSJ)Coronavirus concerns lead companies to repurpose sensors that monitor office space, but privacy experts worry about mission creep.

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5 must reads for the AEC industry today: May 19, 2020 - Building Design + Construction