The Economic Development Alliance (EDA) of St. Clair County celebrates a significant boost with a $3.2 million windfall from the Michigan Economic Development Corporation’s (MEDC) RAP 2.0 grant program.
In a statewide initiative, nearly $100 million is being allocated for projects, focusing on vacant property development, rehabilitation of blighted buildings, and the creation of place-based public spaces.
They are set to transform a 1.7-acre parcel acquired from Acheson Ventures into a cutting-edge, three-story incubator and business hub. With funding from various sources, including the Federal EDA, James C. Acheson Trust, and MEDC CDBG Grant, the center will house EDA staff, offer office spaces for local entrepreneurs, and provide essential training and conference facilities for St. Clair County companies. Total funding for this transformative project amounts to $8,320,721.
Reporting for WGRT – Choze Powell
