Ceres Solutions
Co-op Site
3 E Main Street
DEVELOPMENT OPPORTUNITY
The City of Hart seeks a development partner for the construction of 3 E Main St, located in the heart of Hart. The city is eager to work with qualified respondents in negotiating a mutually beneficial arrangement for this one-of-a-kind opportunity.
-
PRESS RELEASE: TIFA ACQUIRES CERES SOLUTIONS IN DOWNTOWN HART 03.22.2023
-
PRESS RELEASE: TIFA RELEASES REQUEST FOR PROPOSALS FOR CERES SOLUTIONS 02/20/2025
​​
SITE INFORMATION
-
2.6 acres with 4 existing buildings
-
Located in the core of Downtown Hart with upper-story lake views
-
Zoned: Planned Unit Development (PUD)
-
Population: City of Hart 2,173 | Oceana County: 26,707
-
Preferred Development Type: Mixed Use (multi-family residential units and ground floor retail)
-
Parking: ​On-street and off-street parking available
​
CONTACT
Nichole Kleiner, Economic Development Director
nkleiner@cityofhart.org | (231) 923-0920
​
RESOURCES:
​
INCENTIVES:
-
Discounted purchase price to support an excellent development proposal.
-
Flexibility with City of Hart utility connection fees
-
Consideration of reduced property taxes through the Neighborhood Enterprise Zone (NEZ) for up to 15 years.
-
Personal Property Tax Exemption when criteria are met
-
Michigan Community Revitalization Program (MCRP) is a program where grants or loans may be available to fill
financial gaps and promote community revitalization. -
New Markets Tax Credit financing may be available.
-
Federal and State Historic Tax Credits may be available.
PRELIMINARY DEVELOPMENT SCENARIO
​
Northern Michigan cities such as Hart are situated in one of the globe’s most unique and majestic regions. Surrounded by over 22% of the world’s fresh surface water supply, with long-term market-driving resilience benefits, and regional connectivity to North America’s most noteworthy cities – from Chicago to Toronto and Detroit – the development potential for Hart continues to be realized. As Hart continues to grow, it’s integral that development fosters the unique culture of the City, and provides resources to transient and permanent residents alike.
Within this context, the preferred development scenario for 3 E Main is a mixed-use development approach with potential for phased implementation. Ground floor activation and upper-floor residential units are recommended for the northwest corner of the site. Multi-family residential units to the northeast and southwest are envisioned, connected by plaza space and non-motorized routes to the activated alleyway in the heart of downtown