Flint to see $100 million in new projects downtown
FLINT, Mich. (AP) — Redevelopment projects are expected to bring more than $100 million in renovation work to Flint as the city works to recover from a lead-tainted water crisis.
Projects include the Capitol Theatre, The Ferris Wheel building and Mott Community College’s culinary school in the downtown area, The Flint Journal reported .
David Ollila is the president and chief innovation officer of SkyPoint Ventures, which is renovating some of the buildings downtown. Ollila said he believes a strong downtown area will encourage investments throughout the city.
Other projects include a Riverfront restoration project that’s estimated to cost more than $35 million and work to demolish an old YMCA building to create affordable housing that’s expected to cost $17 million.
Businessman Phil Shaltz is renovating a building downtown that he said will likely be used for office space.
“My goal is to bring a company downtown that can bring as many jobs with it as possible,” he said. “I want to increase the employee base downtown, which is good for the restaurants and businesses but helps the city out with a greater tax base.”
The projects are in various stages of completion but officials hope they will spur growth in the community as it tries to recover from its water crisis.
Flint was under state control when it switched from Detroit’s water system to the Flint River in 2014. The water wasn’t properly treated to prevent pipe corrosion. The city returned to a Detroit regional system. Experts now say the water is safe to drink if it’s filtered.
Information from: The Flint Journal, http://www.mlive.com/flint