Former Knapp’s Warehouse to be redeveloped into Potter Flats
Friday, February 5, 2016
Posted by: Eric Dimoff
$2.5M project will breath new life into historical space along the Red Cedar River
Mayor Virg Bernero and LEAP announced today that the former Potter Mill property located at 701 E. South Street will be redeveloped into the Potter Flats project by local developer John Sears.
The Potter Flats project includes a complete rehabilitation of the long-empty, 2-story historic space. The project will provide 14,500 square feet on the first floor for commercial space, including a retail salvage store. The second floor will include 23,000 square feet of commercial space for lease. The total investment by the developer will be $2.5 million and will create five jobs.
“We are excited to get started on the Potter Flats project and rehabilitating this historic building to be used once again in the City,” said John Sears.
The building, which is located along the Red Cedar River, was utilized as the Potter Furniture Manufacturing Company, and Hugh Lyons and Company from approximately 1889 until the 1960s. Initially, this included a lumber mill operation at the property. From approximately 1902 through the late 1960s, various manufacturing operations existed on the property, which included the following activities: lumber sawing/planing, lumber storage, lumber finishing, kiln use, glass beveling, metal stamping, woodworking, wood finishing (including varnishing and painting), machining, shipping, buffing, and nickel plating. During the 1970s, J.W. Knapp Co. utilized the site as a warehouse.
“Kudos to John Sears for doubling down on his investment in Lansing,” said Mayor Bernero. “Although it is not a large project compared to others, it is vitally important in its own way because it will help support and drive the innovation and entrepreneurship that are critical to Lansing’s long-term success. I look forward to seeing this project come to fruition.”
“Once again, Lansing’s economic development efforts and its development community prove expert at bringing historic buildings back to life, cleaning contaminated sites, generating new revenue to the City and making a great place for creative people,” said Bob Trezise, President and CEO of LEAP.
The Potter Flats was approved for a 20-year brownfield tax incentive by the Lansing Brownfield Redevelopment Authority this morning. The brownfield incentive will also require approval by the Lansing City Council. The project is expected to begin construction later this year.