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Rockwell Housing Project Receives State Grant

The final piece of funding puzzle needed to rehabilitate the long vacant Rockwell building by Chelsea Rockwell, LLC was recently approved by the state.

The company plans to renovate the three-story historic building in downtown Chelsea that was built in 1909 and operated as a stove manufacturing warehouse and other industrial uses.

When completed, the project will include 51 market-rate apartments, supported by a $1.5 million Michigan Community Revitalization Program performance-based grant. The project is expected to generate a total capital investment of $8.8 million, and will serve as a catalyst for additional revitalization in the community and bring walkability and increased foot traffic to downtown Chelsea.

The Washtenaw County Brownfield Redevelopment Authority also received MSF approval of $239,891 in state tax capture for the reimbursement of brownfield activities at the site.

The city of Chelsea is supporting the project through the approval of the local tax capture and a Commercial Rehabilitation Act tax abatement valued at $658,000. A $463,140 Brownfield Grant has also been awarded by EGLE.

The city of Chelsea is engaged with MEDC’s Redevelopment Ready Communities program.

“The city of Chelsea is excited to learn about the $1.5 million MCRP Performance-based Grant Award awarded to the Chelsea Rockwell project,” said Chelsea City Manager Roy Atkinson in a press release.

“This project will renovate a long-time vacant former industrial building into 51 residential rental units, activate over 43,000 square feet of space in downtown Chelsea and result in a total capital investment of over $8.8 million. The city and the community are looking forward to this project,” he said.

House Democratic Leader Donna Lasinski (D-Scio Township) issued the following statement: “This is great news for the walkability and economic activity in Chelsea’s beautiful downtown. Not only will the community benefit from the addition of affordable housing, but those new residents will bring increased foot traffic and patrons to the small businesses that are the backbone of our local economy. I look forward to an even brighter future for Chelsea.”

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