SmartZone facility operating framework
City of Sault Ste. MarieMichigan- Detected
- Jul 6, 2026
- 120 days ago
- Sector
- Professional Services
- Est. value
- Free account
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THE 30-SECOND BRIEF
The City approved a month‑to‑month SmartZone Lease and Operating Agreement with the LDFA and EDC for the SmartZone building at 2345 Meridian Avenue. LDFA will manage the facility, the EDC will provide administrative oversight and programming, and pays $250/month rent while receiving $8,000 per year from the LDFA for management. This formalizes a structure for ongoing incubation and tenant services, creating ongoing need for business support, facility services, and innovation‑focused programming vendors.
No direct fiscal impact to the City; LDFA and EDC manage operations and programming with City retaining building ownership.
From the meeting
- Meeting date
- July 6, 2026
- Agency
- City of Sault Ste. Marie
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