Also, the revitalization will assist Grand Rapids Press' plans to modernize its facility and forego its current free parking and participate in the new deck.
A brownfield Single Business Tax credit will aid the Grand Rapids Press with refurbishment and expansion of the facility as well as replacement of obsolete equipment. The $78.8-million project includes the demolition of a portion of the existing building, purchase and installation new equipment and machinery.
The Monroe North District has been underutilized for years and is now experiencing a rebirth due to changes in environmental laws and effective use of the Renaissance Zone program, according to MEDC officials.
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