COLDWATER, MI (WTVB) – The Michigan Department of Environment, Great Lakes, and Energy (EGLE) has awarded brownfield redevelopment funding to the Coldwater Senior Villas project.
According to a news release, an $830,000 EGLE Brownfield Redevelopment Grant will be used to dispose of contaminated soil, install a barrier to prevent direct contact, and install a vapor mitigation system.
The site of the former Fremont School and the Franklin Learning Center had been vacant since 2015. The property became dilapidated and the building was eventually torn down.
EGLE says the soil is contaminated with metals and the property was likely used as a makeshift landfill from the 1930s to 1950s.
The news release went on to say the Michigan State Housing Development Authority and the city of Coldwater have also awarded financial incentives for the project.
Redevelopment plans call for 40 affordable senior housing units. The project is scheduled to be finished in the fall of 2024.
Other EGLE grants totaling over $3-point-3 million were awarded this week to housing developments in Jackson, Kalamazoo, and Plymouth Township.
The four projects are expected to draw more than $76 million in capital investment and help create 274 affordable and workforce housing units.
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