Northville Twp. to Receive $23.4M in Tax Capture from the MI Strategic Fund
On behalf of Fausone Bohn, LLP on Thursday, October 2, 2014.
The Michigan Strategic Fund (MSF) granted Northville Township, REIS-Northville LLC and REIS-MOB LLC access to $23.5 million in local and school tax capture to convert a former state hospital campus into a public green space and trail system.
The project is expected to generate $130 million in investment for the area. Attorney Paul Bohn, partner at Fausone Bohn, LLP, represented Northville Township in this matter, helping the Township secure MSF approval for the project.
Construction has already begun on the development, and a new, 100,000 sq. ft. University of Michigan Medical Facility opened this past spring.
Paul Bohn is one of the top-tier environmental and real estate attorneys in Michigan. If you need assistance on such a matter, you can give Paul a call at 248-380-0000 ext. 9988.