Continental/Ferguson Lansing, LLC commissioned Anderson Economic Group to update our 2018 economic impact analysis of a proposed development located at the former Red Cedar Golf Course in Lansing, Michigan. We completed our study in the fall of 2018 using information pertaining to the development plan at that time. The Lansing City Council used our report to inform their decision to approve the project. In the following memo, we provide an update to that analysis to show how the planned development will result in an increase in jobs and earnings for Lansing residents, and an increase in output (sales) by Lansing businesses due to the revised development plan.
Additionally, in April of 2020, we provided a letter signed by the Vice President of AEG, summarizing the results of our years of analysis on this development. The letter was used to show the value of the project to the Michigan Economic Development Corporation (MEDC). The development was, in part, able to earn the funding and incentives they sought due to our work.
As of 2023, the development is home to:
- Red Cedar Lodge
- Gateway Lofts
- Hooked Bookshop
- Feng CHA
- Old Bag of Nails
- Tropical Smoothie Cafe
- Orthopaedic Rehab Specialists Physical Therapy
- Martin Commercial Properties
- Continental Real Estate
- Continental Building Company (CBC)
- Concord Hospitality