A $256 million mixed-use real estate development linking Michigan State University, the Michigan Capitol and neighborhoods along the Michigan Avenue corridor is on track to being fully leased.
The Red Cedar development boasts a wide range of business and housing offerings, and RedCedarFacts.com, the development’s website, indicates the site is expected to attract more businesses, grow jobs, and spark community investment through features such as hotels and student housing.
Gus Cook, Continental Real Estate’s senior vice president of development, said some of the businesses signing leases include Tropical Smoothie Cafe, a takeout food operation called the Old Bag of Nails Express and a market-rate apartment project.
Orthopaedic Rehab Specialists opened at the site in mid-May. Mark Stiles, director of marketing and events for Orthopaedic Rehab Specialists, said the new storefront joins other locations in Jackson and Ann Arbor. The business helps patients with issues such as pain management, migraines, strength and mobility.
Red Cedar Lodge, which offers independent living, assisted living and memory care services, opens at the site this fall.
“Red Cedar Lodge is the first luxury senior living community available in Lansing,” said Executive Director Kelly Wriggelsworth. “Our residents will enjoy an unparalleled lifestyle, delicious food, constant activities, amenities that can rival a great hotel and even a daily happy hour.”
The Red Cedar project is expected to trigger regional growth, supplanting what had contained blighted areas and stimulating the Michigan Avenue corridor, city of Lansing and surrounding areas.