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Press Releases

West Broadway Revitalization Project

Thumbs up for Borden
The Morning Sun

The development of Parcel B, the vacant lot between the Borden Creamery and Mountain Town Station, is incumbent on the successful renovation and occupancy of the Creamery. The City and the developer, J.E. Johnson, have come to understand that the only way to meet the overall economic development goals and save the historically significant structure is to enter into a public/ private partnership on Parcel A, the Creamery site.

The proposal calls for J. E. Johnson, the developer, to transfer the renovated site to Central Michigan Development Group LLC which will establish a building condominium with two legally defined interior units. The City will purchase one of the units, referred to as a “shoebox”, of approximately 28,600 square feet. The exterior of the building will be owned by Central Michigan Development and leased to a non-profit organization for a period of five years so that Central Michigan Development can qualify for the historic renovation tax credits that add to the feasibility of this project. Using today’s construction costs the City’s purchase price will be approximately $3.5 million. Total renovation cost is estimated at $5.3 million.


Total City costs to relocate City Hall offices are estimated at:

Purchase price of renovated building	$ 3,500,000
Furnishings and fixtures	1,311,000
Phone, video, generator systems	200,000
Infrastructure (parking, landscaping)	375,000
(may be covered by grant)
Utility hook-ups	25,000
Bond insurance/underwriter fees	150,000
Legal fees	7,000
Broadway streetscape	135,000
(may be covered by grant)
Contingency	296,000
TOTAL	$ 6,000,000*

*to be reduced with proceeds of the sale of the current City Hall building

Contacts

Paul Preston City Manager City of Mt. Pleasant 401 N. Main Street Mt.Pleasant, MI 48858 Telephone: (989) 779-5322 Fax: (989) 773-4691	Robert Trezise Managing Director – Community Assistance Team Michigan Economic Development Corporation 300 N. Washington Square Lansing, MI 48913 Telephone: (517) 335-7258 Fax: (517) 373-6683
Greg Saxton Project Manager J.E. Johnson, Inc. 2298 N. Eastman Road Midland, MI 48642 Telephone: (989) 835-6671 Fax: (989) 835-7147	Steve Willobee Community Assistance Team Specialist Michigan Economic Development Corporation 300 N. Washington Square Lansing, MI 48913 Telephone: (517) 241-4390 Fax: (517) 373-6683
Michelle Sponseller Downtown Development Director City of Mt. Pleasant 401 N. Main Street Mt.Pleasant, MI 48858 Telephone: (989) 773-1074 Fax: (989) 773-1003	Robert McKay Historical Architect State of Michigan 702 W. Kalamazoo Street PO Box 30740 Telephone: (517) 335-2727 Fax: (517) 335-0348
James Johnson, Owner J.E. Johnson, Inc. 2298 N. Eastman Road Midland, MI 48642 Telephone: (989) 835-6671 Fax: (989) 835-7147	James Tischler, AICP, PCP 302 Baptiste Ave. Monroe, MI 48162 Telephone/Fax: (734) 242-4635