A vacant fitness center on Michigan Avenue in Dearborn will be demolished and replaced by a hotel and retail spaces.
The project of Hallmark Ventures LLC will include a 5-story, 96-room Hampton Inn and four retail spaces totaling 1,500 square feet at 22324 Michigan Avenue.
The state has approved a $1 million, performance-based grant for the project, and the city of Dearborn's Brownfield Redevelopment Authority is capturing $943,700 in local and school taxes for demolition and asbestos abatement.
The development will create 52 full-time jobs and cost about $8.6 million to complete, according to the Michigan Economic Development Corp.
Source: Michigan Economic Development Corp.
Writer: Kim North Shine
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