Monday night, the Lansing city council will begin reviewing a plan to sell city hall to a developer.
Mayor Virg Bernero picked a Chicago real estate developer to turn the site of Lansing city hall into a hotel. Beitler Real Estate Services was one of four bidders.
Bernero says the company’s $42 million City Hall development plan was the overwhelming favorite of the city’s internal and external review teams. The plan includes the construction of a new City Hall.
Under the plan, the capitol city’s new city hall would be at the former Lansing State Journal building. The city would then purchase the redeveloped property at a cost not to exceed $50 million.
A public hearing on the deal is set for December.
