8MBA staff participated in the October 2nd meeting of the Michigan State Land Bank Fast Track Authority
, which voted to approve the sale of the Michigan State Fairgrounds to Magic Plus LLC for $4.65M.
8MBA Executive Director, Tami Salisbury, was on hand for a press conference following the meeting, calling this a "momentous day for Eight Mile," as one of it's most renowned yet challenged sites moves significantly closer to positive progress.
The next steps for the fairgrounds include a series of visioning sessions - advocated for by 8MBA as part of the purchase agreement - to be held with community stakeholders. These sessions will ensure that the shared concerns and vision of the community at large will be incorportated into the development. Fairgrounds developer and 8MBA Board Member, Redico
, who was the development team behind the adjacent Gateway Marketplace
project, will facilitate the visioning sesions.
8MBA is thrilled to see progress at this important site and looks forward to continuing to engage all parties as a bright future for the Michigan State Fairgrounds site unfolds.