City of St. Clair awarded grant and loan for the historic St. Clair InnContact: Dan Gough, MDEQ Brownfield Coordinator, email@example.com, 517-281-8253Agency: Environmental Quality
October 10, 2017
The vacant and historic St. Clair Inn in St. Clair will be returned to productive use with help from the Michigan Department of Environmental Quality (MDEQ). A $200,000 grant and a $200,000 loan were awarded to the City of St. Clair to address environmental contamination at the former hotel, located on Riverside Avenue. The $33,000,000 redevelopment will create 130 new jobs.
The brownfield grant and loan will help mitigate environmental contamination and return the inn to its former glory. Developer Jeff Katofsky will renovate the hotel, repair the seawall, and build new boat docks, outdoor dining space, and wedding facilities.
Mr. Katofsky will also construct a new four-story hotel and commercial building on the west side of Riverside Avenue, the site of a former gas station. The MDEQ will use Refined Petroleum Funds to remove underground storage tanks and contaminated soil to facilitate redevelopment of this site.
Brownfield redevelopment grants and loans are awarded by the MDEQ to local governments for environmental investigation and cleanup on brownfields. Brownfields are vacant or abandoned properties with known or suspected environmental contamination.
The MDEQ’s grants and loans have resulted in over $4 billion in private investment and nearly 29,000 new jobs over the life of the Brownfield Redevelopment Program. For each dollar invested in environmental cleanup by the DEQ, an average of $23 is invested in the state’s economy. When brownfields are redeveloped, property values increase both on the cleaned-up site and on other nearby properties, creating new tax revenues for communities. Learn more at www.michigan.gov/deqbrownfields.