when did red cedar golf course close

Where is Red Cedar Golf Course in East Lansing?

It is located at 203 South Clippert Street on the eastern edge of Lansing, directly adjacent to the City of East Lansing. Along Michigan Avenue, the site connects the State Capitol to Michigan State University and surrounding communities.

How many acres are there in Red Cedar?

The Red Cedar project is an approximate 35.5 acre development. The project will include 792 beds of student housing, 181 market-rate apartments, two hotels and an assisted living and memory-care facility. Plans also call for a restaurant, retail space and public park with a public amphitheater complete with a connection to the Lansing River Trail.

How does the Capitol work?

The location, scope, and reach of the project addresses and solves many long-standing problems in the Capitol region by: 1 Sparking opportunities for city and community leaders to both draw and develop new businesses and new jobs to the region. 2 Specific and community activity by serving as a hotspot for additional development and community investment. 3 Eliminating the City’s responsibility to clean up city-owned property, provide infrastructure and provide a city-backed general obligation bond. 4 Reducing the responsibility for a proportional share of the Special Assessment for the repair and rebuilding of the Montgomery Drain thereby lowering the overall Drainage district’s cost. 5 Spurring additional economic and community activity by serving as a hotspot for additional development and community investment. 6 Meaningfully connecting Lansing and East Lansing and their corresponding identities of economies, commerce, local and state governments and higher education institutions. 7 Spurring a hub of economic development by the creation of new business, new jobs and new opportunities.

What is the Red Cedar development in Lansing?

The project will include two hotels, market rate housing, senior living, student housing and public amenities. This $256 million dollar mixed-use development will be a catalyst for the City of Lansing, the Michigan Avenue corridor and the region.

Is the TIF bond a 100% private project?

This was amended to a $10.7 million dollar TIF bond in 2018. However, that has since been reduced to no city-issued bond and is a 100% percent privately financed project. Future taxes are generated from the private investment on the project.