BRA endorses Heritage Row brownfield plan
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Description
The City of Ionia Brownfield Redevelopment Authority approved and recommended Ionia Development Company's Heritage Row Brownfield Plan to City Council. The plan establishes a 20-year capture period to support a 14-unit residential project on the former Ionia Community Hospital site, with income-restricted units at 120% and 98% of AMI.
Contract Details
Vendor
IONIA DEVELOPMENT COMPANY
Agency
City of Ionia, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
20 years of plan capture
Renewal Info
Brownfield Plan with a 20-year capture period; no explicit renewal options described.
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City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026
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