DELTA TOWNSHIP — Delta Crossings, an innovative mixed-use development, is one step closer to funding much-needed corridor improvements as it celebrates the grand opening of phase one today.
Located at the corner of I-96 and Saginaw Highway, the new shopping center features some of the most popular growing brands in retail, including TJ Maxx, Hobby Lobby, Bob’s Discount Furniture, At Home, and Sierra Trading Post. Future phases include plans for multi-family residential units that will bring much-needed housing options to the community.
Earlier this week, the Delta Township Corridor Improvement Authority Board approved a tax increment financing plan that will allow developers to fund $14.3 million in public infrastructure projects including roads, utility infrastructure, and public mobility enhancements. The township board will consider the plan next week.
“This tax increment financing will be used to enhance the entire Saginaw Highway corridor beyond Delta Crossings to promote sustainable development and retail,” said Kris Krstovski, founder of K2 Retail Construction & Development. “It also will deliver an additional $8.8 million in tax revenue to Delta Township, Eaton County, Lansing Community College, and Delta District Library during the CIA’s 20-year plan.”
Delta Crossings is celebrating its grand opening with a ribbon-cutting and reception from 10 a.m. to 1 p.m. today at 8110 West Saginaw Highway.
“This project is creating more than 200 jobs, including good-paying union jobs through project labor agreements, and will generate millions in additional tax revenue to support essential services like police and fire, school, libraries, and parks,” Krstovski said. “Delta Crossings represents the future of retail, and positions Delta Township as a primary market to attract even more businesses.”