Back to Listing

Flint Journal Property Acquisition

Foundation for the Uptown Reinvestment Corporation

www.uptownreinvestment.org

  • Program Flint Area
  • Program Area Restoring Community Vitality
  • Grant Amount $2,000,000
  • Grant Period April 1, 2012–March 31, 2013
  • Location Flint, MI, United States
  • Geographic Focus Flint

About this grant

The Foundation for the Uptown Reinvestment Corporation was created in 2004 and is a supporting organization to the Uptown Reinvestment Corporation, a public charity dedicated to urban revitalization, economic development, and job creation in downtown Flint, and a critical partner in a number of important downtown revitalization projects which have received Foundation support and are intended to combat urban decay. The grantee will use the grant to support the Uptown Reinvestment Corporation’s downtown revitalization efforts. Grant funds will be used to purchase the Flint Journal properties, encompassing approximately 5.5 acres and including a 125,000 square foot office building constructed in the 1920s; a 76,000 square foot processing plant constructed in 2003; and approximately 250 parking spaces. The acquisition of the Flint Journal property is strategic to the further revitalization of the downtown area. Approximately 25,000 square feet of the original building will be renovated to house the Michigan State University medical education and Masters of Public Health program. The remaining property will be used for other charitable purposes.