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City gets updates on Lakeside Brownfield plan and Chaldean Community Foundation housing projects
Summary
City staff reported on Lakeside phase 1 Brownfield review with the MEDC, a Phase 1 plan of roughly 1,500 residential units and 150,000 sq ft retail, and progress on the Chaldean Community Foundation projects including Tiger's Tower and a proposed $27M mixed-income development awaiting MSHDA approvals.
City economic development advisor Luke Bonner updated the council on two large local development efforts: the Lakeside project and the Chaldean Community Foundation (CCF) phase‑2 initiatives.
Bonner said the Lakeside PUD phase 1 plan is in review with the Michigan Economic Development Corporation as part of a Brownfield tax increment financing and development plan; the phase outlined…
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