FLINT, Mich.--(BUSINESS WIRE)--Flint is amid a construction boom, with more than $324 million in projects underway or recently announced. The developments include investments in new manufacturing operations, housing, educational facilities, cultural institutions, and lodging.
“Downtown Flint is leading the way. We’ve seen more than $200 million in development projects completed or begun over the past two years,” said Tim Herman, CEO of the Flint & Genesee Chamber of Commerce.
In downtown Flint, construction workers are converting a historic 11-story, former bank building into a Hilton Garden Inn. The $37.9 million project is slated for completion in the spring of 2020. The University of Michigan-Flint is also investing $39 million to expand to the William R. Munchie Science Building at its riverfront campus.
A few blocks south of UM-Flint, the Marketplace Apartments, a mixed-use building with 75 apartments, 17 townhouses and 4,600 square feet of commercial space, is rising on the former site of YWCA. The $19.5 million project will be finished in December.
The Flint Cultural Center is expanding with the addition of the $35 million Flint Cultural Center Academy, a new, public nonprofit charter school that will serve 650 students in grades K-8. The school is adjacent to Sloan Museum of Discovery, which recently broke ground on a $26.5 million expansion. Sloan will nearly double in size from 58,000-square-feet to 100,000-square-feet when it reopens in 2021.
Earlier this year, Mott Community College completed the relocation of its Culinary Arts Institute to downtown Flint. The institute is now in the previously vacant, former Woolworth building after a $13 million renovation. Across the street, the former Perry Drug Store underwent a $1.4 million makeover and now houses a credit union branch, art gallery and women’s fashion boutique.
Meanwhile, Communities First, Inc. in west Flint is transforming a former elementary school into Coolidge Park Apartments. The $16.5 million project includes 54 apartments, 9,600-square-feet of commercial space and more than 9,000-square-feet of community space.
General Motors also announced in June a $150 million investment in its Flint assembly plant to increase production of the all-new Chevrolet Silverado and GMC Sierra heavy-duty pickups. The work will be completed in the first half of 2020.
“We’re seeing tremendous energy and enthusiasm for the city’s revitalization,” said Herman. “We feel quite confident that there’s more development still to come.”