St. Anne Development
By securing more than $3.2 million in incentives for our client’s mixed-use project, AKT Peerless is stimulating transformative redevelopment in downtown East Lansing.
The St. Anne development replaced two old commercial buildings with a $7.9 million four-story, mixed-use development in East Lansing’s downtown core. Thirty-one apartments sit above ground-floor retail shops. As part of East Lansing’s initiative to create a festive downtown, the project also included extensive street improvements, green areas, and an amphitheater for outdoor performances.
AKT Peerless both secured and implemented the incentives. AKT Peerless’ also provided due diligence services, due care planning and implementation, vapor barrier design and construction, and environmental construction oversight. In total, AKT Peerless won approvals of more than $3.2 million in development incentives for this transformational project.