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Authority approves brownfield plan amendment for 132-unit Lake Eastbrook Apartments
Summary
The Brownfield Redevelopment Authority approved a brownfield plan amendment for the Lake Eastbrook Apartments at 3538 Lake Eastbrook Blvd SE, a proposed 132-unit development with roughly 45% income-qualified units for 25 years and an anticipated total project cost of about $25 million.
The Grand Rapids Brownfield Redevelopment Authority voted to approve a brownfield plan amendment for the Lake Eastbrook Apartments redevelopment at 3538 Lake Eastbrook Boulevard SE, clearing the way for a 132-unit residential development largely funded in part by housing TIF-eligible brownfield activities.
Staff outlined project details: 84 one-bedroom and 48 two-bedroom units are planned, with a total project cost estimated at about…
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