Capital City Market

Capital City Market

Capital City Market is a stellar example of public-private partnership, representing a $41.5 million investment in Lansing’s downtown that will revitalize the city’s core and provide important amenities to the community.

Located at 600 East Michigan Ave, the project includes a long-awaited grocery store in downtown Lansing. A 37,000 square foot Meijer will make fresh food readily accessible for the area’s residents. The grocery store is expected to support 15 new full time equivalent jobs.

The mixed-use development also adds a second hotel to Lansing’s downtown, a Marriot Courtyard which will allow visitors to stay downtown overnight and enjoy the downtown’s entertainment and dining options.

36 one- and two- bedroom apartments are also included in the development. Downtown Lansing’s growing population will continue to encourage economic growth in the neighborhood and region.

The project included unprecedented collaboration among farmers, private investors, state and regional economic developers, local governments and talent-building organizations.

$41.5M

total investment

15

Jobs Created

36

apartment units

Community Impact

This $41MM mixed-use project will catapult existing commercial offerings and attract talent by strategically aligning an urban market, hotel and residential units into a transformative development. The project energizes an underutilized space, expands the area’s lifestyle offerings and provides access to fresh food and trendy accommodations, all of which changes the way Lansing’s downtown core functions.

Both the hotel and urban market will add a variety of new jobs to the local economy, while the addition of a new hotel in downtown Lansing boosts the area’s ability to attract conventions and events previously unobtainable.  As part of the project, the developer is focused on energizing and beautifying the avenue frontage through updated rain gardens and improved lighting of the area, which will also enhance safety.

Locally, the project will infuse nearly 300 jobs into the local job market, with average wages anticipated to be $24.67/hour, 15.9% above the region’s average wage.

Funding Mechanisms

  • Brownfield Plan #75
  • $1M EGLE loan, administered by LBRA
  • $1.5M Michigan Strategic Fund Community Revitalization Program Grant
  • Up to $2M EGLE grant/loan
  • In an opportunity zone
  • Public Funding

  • Private Funding

Project Partners

  • Gillespie Group
  • City of Lansing
  • Michigan Department of Environment, Great Lakes and Energy
  • Lansing Brownfield Redevelopment Authority
Date

2020

Project Type

Real Estate Redevelopment

Location

Ingham County, Lansing

LEAP Contact
Karl Dorshimer
Vice President of Economic Development