Establishing such a district on the property at 300 S. Washington Square makes the developer, the Eyde Co., eligible for state and federal tax incentives for renovating a historically significant building. The city’s Historic District Commission must approve any proposed renovations to a structure in a historic district.
The former department store is one of the most conspicuous buildings in downtown Lansing. The 1930s Art Deco, blue and yellow Streamline Moderne style is hard for downtown passersby to miss. It has also sat vacant since 2002.
The Gillespie Group used similar tax incentives for its renovation of the Marshall Street Armory on the east side. Other historic districts include the Cherry Hill Neighborhood and the Ottawa/Walnut Historic District.
In other business, the Council is scheduled to recognize Bob Trezise, president and CEO of the Lansing Economic Development Corp., Monday for being named the Michigan Economic Developers Association Medalist of the Year.