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The Nexus
BUSINESSJun 23 · 16:44 UTCWXYZ ABC DETROITWXYZ Web Team

Lakeside Mall redevelopment plan gets approved for $270M+ in incentives

The redevelopment plan for the former Lakeside Mall site in Sterling Heights, Michigan, secured $270,678,999 in incentives through the Michigan Strategic Fund. The project, led by Lakeside OOTB Ventures, LLC, includes 1,500 residential units, 150,000 square feet of retail space, and community amenities, supported by local and state tax revenue and a $27.6 million bond issuance.

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