Michigan approves $160M tax break for Muskegon’s Shaw Walker project

Michigan approves $160M tax break for Muskegon’s Shaw Walker project

MUSKEGON, MI – The highly anticipated redevelopment of the former Shaw Walker furniture factory overlooking Muskegon Lake just got a nearly $160 million tax break from the state.

State approves $160M in incentives to redevelop Shaw-Walker factory in Muskegon

MUSKEGON, Mich. (WOOD) — The state has approved a $159.6 million in incentives for a project working to redevelop an old Muskegon factory that has sat mostly vacant and deteriorating for decades. Shaw-Walker Furniture Company closed in 1989. Since then, the property at the intersection of Washington Avenue and Division Street has sat mostly empty, though part of it was turned into condos, with a conference and events center and a coffee shop. Pa…

$160M incentive package approved for former Muskegon factory redevelopment

A $221 million mixed-use project to redevelop the blighted, former Shaw Walker Furniture Co. factory near Muskegon Lake received approval today for state tax incentive valued at $160 million. Muskegon-based Parkland Properties LLC plans to rehabilitate 711,488 square feet of space across seven buildings that make up the former furniture factory... Please login to read all 617 words.