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Saginaw unveils Medical Diamond infrastructure and riverfront park plans; $3.4M funding gap remains
Summary
City staff and consultants presented finalized designs and a financing update for the Medical Diamond corridor and a new riverfront park, reporting $34.6 million in secured state and federal funding, estimated total costs near $38 million and targeted construction beginning late 2026 with completion in 2027.
City officials on Monday presented a detailed update on the Medical Diamond infrastructure improvements and the design for a new riverfront park, outlining timelines, secured funding and remaining financing needs for the multi-part project.
The city’s public services director, Philip Carwat, told the Saginaw City Council that the utility-burial work for Consumers Energy — a purchase order for just under $9 million — is substantially complete and that the city has secured just over $34.6 million in state and federal grants and allocations to support the corridor work. "To date, the city has secured just over $34,600,000 in state and federal funding sources to support this overall initiative," Carwat said.
Nut graf: Combined estimates for the electrical relocation, infrastructure and…
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