Economic Development Project Team - Regular Meeting

Economic Development Project Team City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 February 8, 2022 @ 12:30 PM City Commission Chambers A. Call to Order The meeting was called to order at 12:32 PM by Mayor Rosalynn Bliss. PRESENT: Commissioner Kurt Reppart, Commissioner Joseph Jones, Mayor Rosalynn Bliss ABSENT: None OTHERS Jeremiah Gracia, Jessica Solis, Jonathan Klooster, Jordan Turner, Regina PRESENT: Pell, Verah Narh-Kamara, Eric DeLong, Mark Washington, Jon Oeverman, Josh Naramore, Justin Kimura, Kristin Turkelson, Brent Gibson (Construction Simplified), J.D. Loeks (Studio C), Mike Fassbender (Action Tooling, LLC), Ollie Howie (New Community Transformation Fund) B. Minutes 1. Minutes from January 11, 2022 No comments or corrections were noted. RESULT: RECEIVED AND FILED C. Discussion of Strategy 1. Commercial Facilities Exemption for Full of Green Gold, LLC for a project proposed at 3 Lexington Avenue NW Jonathan Klooster introduced the commercial and office space project and Brent Gibson with Construction Simplified. Mr. Gibson gave some additional details on the project. RESULT: DISCUSSED 2. Request to establish a Neighborhood Enterprise Zone, and consider a revised Brownfield Plan Amendment for the Studio Park Phase II residential tower Mr. Klooster introduced the residential tower project and J.D. Loeks with Studio C. Mr. Loeks gave some additional details on the project. Generated 3/8/2022 09:17 AM Economic Development Project Team Meeting Full Page 2 February 8, 2022 RESULT: DISCUSSED 3. Application for a 12-year Industrial Facilities Exemption for Action Tooling, LLC at 3100 Ken O Sha Industrial Park Court SE Mr. Klooster introduced the industrial facility project and Mike Fassbender with Action Tooling, LLC. Mr. Fassbender gave some additional details on the project. RESULT: DISCUSSED 4. Mobile GR Pilot Project Update Josh Naramore presented the update included in the agenda packet. RESULT: DISCUSSED D. Verbal Updates 1. New Community Transformation Fund Introduction (Ollie Howie) Ollie Howie with the New Community Transformation Fund gave a brief introduction to the new investment fund. RESULT: DISCUSSED C. Discussion of Strategy (cont.) 5. Development Center Report January 2022 Jon Oevermann presented the development center report included in the agenda packet. RESULT: DISCUSSED E. Adjournment The meeting was closed at 1:40 PM by Mayor Bliss. Generated 3/8/2022 09:17 AM