LANSING, Mich. — The Michigan Economic Development Corp. said it has earmarked several projects across the state that aim to help 15 companies grow, create and retain 9,495 new jobs and generate more than $658 million in new investments.
A branch of $821 million NuUnion Credit Union will be relocated when the city of Lansing Brownfield Redevelopment Authority uses $392,922 in state and local tax capture to demolish and redevelop the former Regent Inn hotel on South Pennsylvania Avenue
in Lansing. The demolition of 35,000 square feet of existing structures will make way for construction of a 5,000-square-foot office that will be used by NuUnion. The $3.4 million project will create five new jobs, according to Michigan Economic Development Corp.
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