The project is expected to spur more than $5 million in privateinvestment. Elswhere in the city, Thor Gallery Warren Conner, LLCwill use a $738,600 credit to rehabilitate a 146,000-sf, blightedopen-air shopping center at the intersection of Warren and Conneravenues. The project is expected to spur more than $7.3 million inprivate investment and create 150 new jobs.

"Brownfield sites have traditionally been burdensome andexpensive to redevelop," says Don Jakeway, president and chiefexecutive officer of the Michigan Economic Development Corp., whichadministers the state's brownfield efforts. "Michigan has overcomethis stigma by partnering with communities statewide to helptransform hundreds of unused properties into engines ofgrowth."

While announcing the two projects, Jakeway adds a $200,000credit has been awarded to Talon Homes-Pleasant Ridge, LLC todevelop contaminated property located at 24000 Woodward Ave. inPleasant Ridge into brownstone condominium units. The project isexpected to spur more than $2 million in private investment.

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