MUSKEGON, MI – An ambitious mixed-use development on Muskegon Lake that includes homes, a hotel, boat sales and more is expected to receive a $2.3 million boost from the state to help clean contamination and restore wetlands on the former industrial site.
Funding for the $110 million Harbor 31 project was included in the budget deal for 2022 that was approved by the Legislature this week and awaits Gov. Gretchen Whitmer’s signature.
Our board and leadership affirmed our commitment to a partnership and project that will be positive for the future vitality of downtown South Bend. We transferred ownership of 13 parcels of land south of the Memorial Hospital campus to enable the city and Great Lakes Capital to build a mixed-use development that complements our Memorial Hospital campus reinvestment.
The recent downtown South Bend land deals between Beacon Health, Great Lakes Capital and the city have given the city a unique building that sits on a prime piece of real estate.
”Maple Block Flats will supply much-needed housing for Petoskey and the Northern Michigan region as a whole,” said Jeff Smoke, managing director and principal for developer Great Lakes Capital. “This is the definition of a true public/private partnership with a multitude of workforce housing incentives being utilized for a project that would otherwise not be developable.
Development Manager
Leveraging 17 years of relationships and extensive background in the commercial real estate industry, Martin provides direct strategic and analytical support as part of the Great Lakes Capital development team. Since joining the firm in 2017 he has performed a hybrid role in asset management and brokerage services within the GLC portfolio. Martin earned a BA in Political Science from the University of Missouri/Columbia and an MBA from Roosevelt University in Chicago.
