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Michigan Strategic Fund Approves $270.7M Plan for Redevelopment of Former Lakeside Mall

Summary by REBusinessOnline
STERLING HEIGHTS, MICH. — Gov. Gretchen Whitmer and the Michigan Strategic Fund Board have approved a $270.7 million Transformational Brownfield Plan (TBP) to support the redevelopment of the former Lakeside Mall site in Sterling Heights. The proposed plan includes roughly 1,545 residential units across nine multifamily buildings ranging in size from four to five stories, including a building targeted at residents over 55 years of age. Additiona…
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REBusinessOnline broke the news on Wednesday, June 24, 2026.
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