Chris Holman welcomes Paul Gentilozzi, Owner, Gentilozzi Real Estate, & Principal of New Vision Lansing, and John Gentilozzi, Vice President, Development, Gentilozzi Real Estate, East Lansing, MI,
Welcome Paul, John, first of all, bring our Michigan business community up to speed on Gentilozzi Real Estate?
A really big development for the Lansing area was announced last week, can you share that with us?
(if not mentioned) What prompted the project?
There are lots of moving parts in this transformational project dive deeper into Tower on Grand:?
Capitol Tower:?
Washington Square:?
Projects of this scale don't happen alone, what other companies and organizations are involved?
Lansing-Based Real Estate Development Team Debuts $215 Million in Landmark Development Projects set to Transform Lansing’s Skyline and Central Business District into an Attractive Commercial and Residential Community for Workforce Talent
§ Capitol cityscape to be anchored by a 25-story skyline-raising mixed-use tower, elevating the region and reigniting Lansing’s central business district
§ Three developments incorporate up to 450 residential units, parking, retail, office space, entertainment, and an acre of outdoor amenity and green spaces
§ Development team includes Gentilozzi Real Estate, JFK Investments, architects Hobbs & Black, along with highly respected Christman Company construction management firm, utilizing local professional skilled tradespeople
§ Projects hailed as latest sparks to ignite workforce housing and talent growth in mid-Michigan
LANSING, MI – Redefining what it means to live and work in Michigan’s capital city, Gentilozzi Real Estate, a family-owned real estate development firm located in Lansing, in partnership with family-owned Detroit real estate developer and manager JFK Investments, today are pleased to unveil New Vision Lansing, a trio of new and redeveloped downtown Lansing development projects designed to set Lansing’s course toward becoming a dynamic residential city.
Joining the Gentilozzi and Kosik families alongside Lansing Mayor Andy Schor in making the announcement were Lansing-based Christman Company, one of the nation’s foremost construction management firms, along with leaders representing area labor, business, and community interests. Capital area legislators and Lansing City Council members also took part in welcoming the announcement that all agree is timely for the city’s continued success.
New Vision Lansing will include three property developments to be located west of the Grand River in proximity to state government and legislative offices: Capitol Tower at the corner of Capital Avenue and Ottawa Street; Tower on Grand at Grand Avenue overlooking the Grand River and connecting to the existing historic Atrium Building that fronts Washington Square; and Washington Square at the corner of Michigan Avenue and Washington Square at the southwest corner of the roundabout.
“Our family is proud to be part of Lansing’s history and these new developments are vital toward making Lansing the place to be for future generations,” said Paul Gentilozzi, owner of Gentilozzi Real Estate and principal of New Vision Lansing. “Whether you want to live, work, dine, entertain, or simply share in the iconic views of Lansing, these developments will have something for everyone to enjoy.”
Part of the financing for the redevelopment and ground up projects is provided through a state budget approved $40 million investment which will be dedicated to workforce and talent housing through New Vision Lansing.
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