[CPEO-BIF] Pavilions of Troy, Michigan

[Lenny Siegel <lsiegel@cpeo.org>]

Development on Kmart site gets boost from lawmakers

By Terry Oparka
C & G News
December 3, 2008

TROY - Pavilions of Troy, a $300 million mixed-use development that had 
stalled this fall, may be on again.

The project is slated for the site of the former Kmart Headquarters at 
Coolidge and Big Beaver. The first phase of the 40-acre development will 
feature 475,000 square feet of retail and 140 units of rental or 
condominium units.

Last week, the state Senate approved a bill that would allow the 
developer, Hunter Richardson, to apply for up to a $30 million tax 
credit to help with demolition costs.

State representatives must approve the bill before the Senate adjourns 
for the holidays.



...

For the entire article, see
http://www.candgnews.com/Homepage-Articles/2008/12-03-08/TG-PAVILION.asp

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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