Marquette revitalization projects create 169 jobs
MARQUETTE, Mich. — Two community revitalization projects in downtown Marquette, including a new hospital, will generate a total capital investment of at least $190 million, create 169 new jobs and retain 2,300 jobs. The Michigan Economic Development Corporation announced that the Michigan Strategic Fund has approved the projects.
“This redevelopment of a former brownfield site into the home of DLP’s Marquette General Hospital will revitalize downtown Marquette, bring new jobs to area residents, and serve as a catalyst for additional growth in the community, all while meeting the health needs of Upper Peninsula residents,” said MEDC Chief Executive Officer Steve Arwood. “We’re pleased to support the efforts of the entire community in making the project a reality.”
MSF approved $55,763,061 in local and school tax capture for the City of Marquette Brownfield Redevelopment Authority to redevelop approximately 37 acres. The project includes construction of the new regional acute-care DLP Marquette General Hospital, an affiliate of Duke LifePoint HealthCare. The completed project will also include medical office buildings and a parking deck. The project will generate a minimum total capital investment of $170 million and create 150 new jobs as well as retain 2,300 jobs.
MSF also approved Michigan Community Revitalization Program loan support for continued redevelopment of a brownfield site in the city of Marquette. The project will generate a total capital investment of nearly $20.4 million and create 19 jobs.
Source: MEDC press release