New Investments in Marquette County
Private Investments |
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The Renovare Development Project is hoping to break ground in 2024. This $15 million housing project will create 48 new residential homes in Marquette Township. The development will deliver workforce housing and single-family housing opportunities. |
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The Black Rock Crossing development is a $1.4 million project that will create 50 housing units in partnership with the Keweenaw Bay Indian Community. This projected to finish in 2025. |
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A deal to redevelop the Marquette hospital between the NMU Foundation and Duke Life Point for the demolition. There is over $20 million specifically allocated for the project. The NMU Foundation is estimated that $166 million will be used for the development of the mix used project. This will include a wide range of housing, commercial/retail space, along with a green space and pedestrian corridors. |
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The Michigan Veterans Home has entered an agreement to move build their new facility in Marquette Township. The 38 plus acres of land will be a $96 million plus project that will be a skilled nursing facility to veterans and a home to serve the Upper Peninsula. This facility will hold 108 members with the proposed design. The project is expected to break ground in 2025. |
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The former Shopko space is now home to L&M Fleet Supply, which opened their 13th location in Marquette, MI. The variety 14 department variety store of outdoor sporting goods, lawncare and farming supplies, and more has almost 100 employees. The remodel went through various stages and had local contractors for the job. | |
The Honor Credit Union building had their grand opening in June of 2024. This new building spanning almost 6,000 square feet will provide the same great member experience. An addition to the new building is the 906 Connect Space which is an innovative and collaborative place for community partners to gather. |
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Ore Dock Brewery’s Rosewood Project
The Ore Dock Brewery is expanding the facility to add a restaurant and an outdoor beer garden along with four residential units and commercial space. This project is investing $7.8 million into the community creating 6 full time positions. |
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The Vault Marquette
The Vault Marquette was awarded a grant of $4.6 million from the Real Estate Development Project Grant by the State of Michigan to begin construction on the first phase of the boutique hotel. the redevelopment will include commercial and residential units along with a 200-space public parking facility. This phase is expected to be completed by fall of 2025. |
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NMU’s New Health and Wellness Center
NMU will be providing a new Health and Wellness Center. Learn more by clicking here. NMU’s Jacobetti Complex The 205,000 square foot Jacobetti Complex will be reduced by 40,000 square feet. Learn more by clicking here. |
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New Housing Development in the City of Negaunee This Brownfield project was approved by the City of Negaunee in June and they plan to build 27 single-family, single units on land by Maas Street. See the preliminary plan document here or read more about it in the news! |