LANSING, MI – The City of Alpena Authority for Brownfield Redevelopment sought the approval of local and school tax capture through the Michigan Strategic Fund in the amount of $1,278,250 for the redevelopment of a vacant lot at 225 River Street in downtown Alpena for the construction of a new 90-room four-story Holiday Inn Express. The request was granted.
The funds will be used to alleviate brownfield conditions on the property through site preparation and infrastructure improvement activities. The project is expected to generate a total capital investment of $8 million and create 15 full-time jobs.
This parcel of property has been vacant and had been up for sale for years after the Casio Ford Dealership moved and the old structure was torn down.
Amerilodge Hospitality Group will spend roughly $8 million on the project. The new hotel will be a prototype, the first ever of its model in the United States, with a new more urban look and a large patio off the back overlooking the Thunder Bay River.
Amerilodge Group is a privately owned company based in Rochester Hills, MI. They manage, operate, and owns hotels in the Midwest primarily in Michigan, Indiana and Ohio. The majority of their hotels are located in Michigan.
Plans call for a 4 story hotel with 90 rooms, an indoor pool, outdoor parking, meeting rooms and more. The hotel will have a brick facade, and be based on a new, more modern urban design.