LANSING, Mich. — Sen. Dale Zorn announced on Tuesday that a project in downtown Adrian to redevelop three historic properties into 17 new residential units and approximately 5,800 square feet of commercial space is moving forward thanks to a recently approved state grant.
“Our downtown areas are the heart of our communities, and helping revitalize our downtown districts is an important part of maintaining healthy economic growth,” said Zorn, R-Ida. “This grant will support a $4.7 million private-public partnership that will help continue the renaissance of downtown Adrian and attract new opportunities and investment.”
Zorn addressed the Michigan Strategic Fund (MSF) board in support of the project.
After hearing from Zorn, the MSF awarded the city of Adrian and Strongback Properties $2,866,446 in Community Development Block Grant (CDBG) funds for blight elimination through historic preservation and rental rehabilitation needed for the Strongback Four Corners Redevelopment project in downtown Adrian.
The project, which includes $1.62 million in private investment from Strongback Properties, would build out three parcels at 101-111 East Maumee Street, currently owned by the Lenawee County Land Bank Authority and the city of Adrian, that have been vacant for 10 years.
“It is outstanding news for the people of Adrian, and I applaud the local leaders and Strongback officials for working together on this downtown development,” Zorn said. “As a result, the city will see a new investment that will act as a catalyst for renewal and success.”
The Michigan Economic Development Corporation, on behalf of the MSF, administers the CDBG program, which utilizes funds received from the U.S. Department of Housing and Urban Development.