SAULT STE. MARIE, MI— The city of Sault Ste. Marie is getting state funding for business creation and housing development.
The Michigan Economic Development Corporation on Tuesday announced the $1.5 million Michigan Community Revitalization Program performance-based grant. It will be used to rehab a historic building downtown. The first floor will contain retail space and storage. The second floor will contain nine residential apartments.
The project is expected to generate a total capital investment of $5.7 million and create three full-time and 11 full-time equivalent positions.
The city also received a $1 million brownfield grant from the Michigan Department of Environment, Great Lakes and Energy for the project.
