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Brownfield Plan Amendment for 215–217 S. Superior Reimbursement

City of Albion logoCity of Albion
Disclosed value
$519,421
From agenda
Document date
Apr 2, 2026
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

The City of Albion Brownfield Redevelopment Authority’s Amendment #1 for 215-217 S. Superior Street would reimburse ACE Investment Properties LLC $519,421 in eligible Brownfield costs using tax increment revenues. The 35-year plan, with 28 years of capture starting in 2027, supports upper-floor housing redevelopment and related environmental and infrastructure work.

Who holds it

Ace Investment Properties LLC holds this contract with City of Albion.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Albion contract.

Contract details

Amount
$519,421
Document date
April 2, 2026
Term
35 years (starting 2019) with 28 years of tax capture starting 2027
Renews
Free account
Vendor
Ace Investment Properties LLC
Agency
City of Albion
Source document
Albion Economic Development Corporation Agenda April 2, 2026 (Agenda)

Ace Investment Properties LLC's other public contracts

City of Albion, MichiganAlbion brownfield TIF amendment backs ACE redevelopment · Apr 4, 2026City of Albion, MichiganProposed Brownfield Reimbursement for 105 W. Porter/300 S. Superior · Apr 2, 2026$506.9KCity of Albion, MichiganBrownfield Reimbursement Approved for ACE Investment Properties · Apr 3, 2025$14.8KCity of Albion, MichiganBrownfield Reimbursement Approved for ACE Investment Properties LLC · Mar 6, 2025$14.8KCity of Albion, MichiganBrick Street Lofts Brownfield TIF Reimbursement Approved · Mar 14, 2024All Ace Investment Properties LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Albion?

Ace Investment Properties LLC was awarded this government contract by City of Albion, as recorded on April 2, 2026. The contract value is $519,421.

How much is the Ace Investment Properties LLC contract with City of Albion worth?

The Ace Investment Properties LLC contract with City of Albion is valued at $519,421.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Albion Economic Development Corporation Agenda April 2, 2026 (Agenda), dated April 2, 2026 from City of Albion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ace Investment Properties LLC hold?

Ace Investment Properties LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Albion currently buying?

Explore City of Albion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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