Allen Place Brings New Community Space to Downtown
Lansing,
Michigan
Michigan Community Capital
MCC supported, with other mission-driven partners, the redevelopment and expansion of the Allen Neighborhood Center (ANC) in Lansing, MI in 2020, including the new development of Allen Place apartments. The full project included the redevelopment of an existing, two-story building into a three-story mixed-use development consisting of affordable housing units, community based health care services, a culinary training school, and an accelerator kitchen for food-based entrepreneurs.
The Owosso Community Players, at the Lebowsky Center, have a rich history that carries on the legacy of Joseph Lebowsky who opened The Capitol Theater in 1926.The Lebowsky Center reopened in 2014 continuing to rebound and grow after a devastating fire in 2007. Construction on the interior began in December 2012 and was completed in March 2014.
Built in 1917 as a church, this five-story brick building is an iconic property in Old Town Lansing. After nearly a decade of sitting vacant and blighted, Michigan Community Capital purchased the building in 2019.In 2020, construction started on the Temple building which, through adaptive re-use, was reimagined from a two-story building into a five-story, 37,000 -square-foot, mixed-use property. The completely renovated building offers 31 residential mixed-income units, and 4,000 square feet of commercial and office space on the first floor. 16 of the 31 apartments are rent restricted to 80% AMI. As a middle income focused, non-profit developer, Michigan Community Capital restricts at least 51% of all residential units developed for middle-income renters. The $10.5 million rehabilitation revitalized a key entryway into Lansing's historic arts and culture district while increasing safety, walkability, housing, and commercial activity of the corridor. The project maintains the historic fabric of the neighborhood by preserving the original brick structure. 30-foot columns and arched window pattern. The project utilized public-private partnerships to fill the financing gap including a low-interest loan from the Lansing Economic Area Partnership, an equity investment from the Michigan Economic Development Corportation, and Brownfield Tax Increment Financing from the Lansing Brownfield Redevelopment authority. The project has been celebrated by the Old Town Commerical Association and received the Celebration of Regional Growth Award from the Lansing Regional Chamber of Commerce in 2023. Temple Lofts was also named a finalist for the Urban Land Insitute's America's Awards for Excellence in 2024.
This New Markets Tax Credit project was the renovation of the Woodard Furniture and former Owosso Casket buildings into a mixed-use of offices, retail, and rental residential condo lofts located in Owosso, Michigan. The goal was to increase density with walkable access to jobs, recreation, and other amenities. The project cost over $7.3 Million to complete.
