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Mount Pleasant, MI (2020)

410 Broadway

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI.

Investment

  • NMTC Amount: $15,500,000
  • Total Project Cost: $16,106,190

IMPACT

  • 39 FTE jobs
  • 30 construction jobs
  • Grocery store will serve 38,000 Food Desert residents annually
  • 50,932 sq. ft. of real estate

Investor

Project Description

Construction of a four-story, co-op grocery anchored, mixed-use development consisting of 11,000 sq. ft. commercial space and 48 residential rental units in rural Mount Pleasant, MI. The project, located in a Food Desert and an area with a 900 unit workforce housing gap, will bring healthy, accessible, affordable food to over 38,000 residents and catalyze future multi-family developments.

MAP

Address: 410 West Broadway Street, Mount Pleasant, MI 48858

Census Tract: 26073940400

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