city-of-portage-council-meeting-agenda-june-10-2025_928.pdf
$3.8M Brownfield Project Seeks Approval in Portage
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Description
American Village Development II, LLC has a brownfield plan under review for building new homes in Portage, at an investment of around $3.8M. The reimbursement for eligible activities is planned for 12 years, with capture to LBRF for additional 5 years.
Contract Details
Contract Amount
$3,294,501
Vendor
AMERICAN VILLAGE DEVELOPMENT II
Agency
City of Portage, MI
Contract Type
Real Estate Development
Document Date
June 10, 2025
Contract Term
17 years
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