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Council approves brownfield/TIF plan to convert former Raleigh’s into seven apartments
Summary
Ishpeming council approved Resolution 11-2026 to support a brownfield tax-increment financing plan for 216 West Division Street that would renovate an 11,500 sq ft former retail building into seven units, leverage about $1.9 million in private investment and provide approximately $522,000 in reimbursements over 24 years.
The Ishpeming City Council voted to adopt Resolution 11-2026, supporting a brownfield/TIF plan to redevelop the former Raleigh’s furniture store at 216 West Division Street into seven residential units.
Jackie Solomon, director of the Brownfield Authority, told the council the project would redevelop an 11,500-square-foot building into a mix of one-, two- and three-bedroom apartments with roughly $1.9 million in private investment. Solomon said the redevelopment is…
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