Inn on Water Street Receives $642,000 Redevelopment Grant

WASHINGTON – (RealEstateRama) — U.S. Representative Candice Miller (MI-10) applauded the Michigan Strategic Fund’s (MSF) approval of a $642,000 Michigan Community Revitalization Program grant awarded to the Inn on Water Street, LLC to help with the redevelopment of downtown Marine City.

“Since its founding, Marine City has always served as a destination along the historic St. Clair River,” said Miller. “In continuing with this tradition, downtown Marine City has continued to grow and thrive, most recently with the expected construction of the Inn on Water Street. This new hotel, which will be built on the site of a former car dealership, will generate $4.2 million in private investments, complementing the growth of the theater district, restaurant industry, and the entire downtown area. I applaud the Michigan Strategic Fund for awarding this critical $642,000 revitalization grant, which will promote the continued growth of Marine City.”

The Michigan Strategic Fund (MSF) was created in 1984 to promote economic development and create jobs in Michigan. For more information about MSF, please visit them online: http://www.michiganbusiness.org/michigan-strategic-fund-msf/

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