Saginaw Future Spring News

SAGINAW FUTURE

DEVELOPMENT NEWS

Spring 2017

In the 1st quarter of 2017, Saginaw Future Inc. (SFI) directly assisted eight projects resulting in nearly $23.4 million in new investment that is expected to create and retain 388 jobs. In addition, 12 regional companies won 119 government contracts valued at nearly $5 million.

Frankenmuth Credit Union broke ground on the Uptown North Main project in Frankenmuth. The 16.39 acre site was selected for this sprawling development and will include a nearly 48,000 sq. ft. building of concrete and steel structure clad in glass, steel siding and masonry. The new office structure will be home to Neighborhood Mortgage Solutions and My Member Insurance Agency along with a banquet facility on the upper floor. The southwestern unit will feature a medical office and related suites. Additional mixed-use development is in the planning stages for the future. SFI assisted the business and City of Frankenmuth in preparing a United States Department of Agriculture Rural Business Development grant for infrastructure in the amount of $108,550. The $6.3 million project is expected to result in a total of 75 jobs retained and another 155 new jobs are projected over the next five years.

Michigan Sugar Company and Westway Feed Products have partnered to construct and operate a liquid feed plant in Carrollton Township that will initially produce 15,000 tons of liquid animal feed product. The companies project production to double to over 30,000 tons annually after the initial start-up phase. SFI assisted the company with a grant application for the Value Added and Regional Food System Program available through the Michigan Department of Agriculture and Rural Development. The project was awarded a $100,000. The total investment will be approximately $800,000.

SERVPRO is a fire and water cleanup and restoration service with 1,720 franchise operations across the country. The company has grown over the past three years and has expanded to locations in Saginaw, Flint and Romulus -Taylor, and employs a total of 80 people. SERVPRO originally purchased the former Stock Building Supply location in the City of Zilwaukee and now acquired the former LB Transportation building also in Zilwaukee. SERVPRO plans to invest $303,000 in building improvements. The SFI Procurement Technical Assistance Center is exploring government contract opportunities. SFI is also facilitating job training assistance through the Great Lakes Bay Michigan Works! and the Michigan Economic Development Corporation is providing assistance.

Fullerton Tool Company, Inc. is a manufacturer of solid carbide cutting tools and has manufacturing operations in the City of Saginaw and at the Great Lakes Tech Park in Thomas Township. The 75-year old company added $882,000 in new technology, including an automatic tool cleaning station and state-of-the-art grinders. SFI assisted the company with a MEDC State Trade Expansion Program grant to support export sales.

For more information on the Great Lakes Tech Park, please go to:
www.GreatLakesTechnologyPark.com

Chesaning Comfort Care is a new 30,000 sq. ft. senior living community being built in the Village of Chesaning. It will feature 40 private rooms, private bathrooms, a café bistro, salon, spa, restaurants, activities room, library and a club room. Comfort Care Senior Living will invest $3.5 million in the Chesaning project and create 40 full-time jobs. The development group is also working on a project in Kochville Township.

Comfort Care/Great Lakes Rehab Center is a $35 million development in Kochville Township that will consist of a rehab facility (will be the largest in Saginaw County), a pharmacy, senior living facility and a central office. SFI and Great Lakes Bay Michigan Works! are facilitating a job fair and possible job training funds. Comfort Care Senior Living has multiple locations in the Region, including the aforementioned Chesaning project under construction.

Merrill Assisted Living Facility has been in development for over a year. During SFI’s call on the Village of Merrill a need for senior housing was expressed. SFI sought developer interest and DeShano Companies Inc. will move forward after closing on a village owned parcel. Later this summer, DeShano will construct a 21-bed, 15,000 sq. ft. facility. Twenty jobs are expected to be created along with approximately $1.5 million invested.

Steps Ahead Learning Center is a new day care provider offering high quality care and a positive learning environment for infants, toddlers and preschool children. Steps Ahead is located at 3130 Boardwalk just off of Bay Rd. in Saginaw Charter Township. SFI assisted the company with its staffing needs through the Community Ventures program. Skilled educators and staff are respectful and responsive to each child’s needs.

Featured Property

is 800 S. Outer Dr. , which has nearly 23,000 sq. ft. of light manufacturing or warehousing space available for lease in Buena Vista Charter Township. Just minutes from Interstate 75, the building is an ideal location. 800 S. Outer was constructed in 1992 and is made of block and steel. It features 3 Phase, 1000 volt power. The entire building is nearly 64,000 sf on eight acres.

Click for more information.