New Investments in Marquette County

Private Investments

The Renovare Development Project is hoping to break ground in 2025. 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.

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 is projected to finish in 2025.

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 has estimated that $166 million will be used for the development of the mixed-use project. This will include a wide range of housing, commercial/retail space, along with a green space and pedestrian corridors.

The Michigan Veterans Home has entered into an agreement to move build their new facility in Marquette Township. The 38 acres of land will be a $96 million project that will serve as a skilled nursing facility and home for veterans in the Upper Peninsula. This facility will hold 108 members with the proposed design. The project is expected to break ground in 2025.
The former Shopko space is now home to L&M Fleet Supply, which opened their 13th location in Marquette, MI. The store, staffed by almost 100 employees, offers a variety of outdoor sporting goods, lawncare and farming supplies, and more. 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.
Computer generated image of what the Rosewood project will look like upon completion. Ore Dock Brewery’s Rosewood Project

The Ore Dock Brewery completed expansion of their facility to add a restaurant and an outdoor beer garden along with four residential units and commercial space. This project invested $7.8 million into the community creating 6 full time positions.
computer generated image of what the Vault will look like upon completion 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.

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!

Marquette, MI — The Lake Superior Community Partnership assisted Able Medical Devices, part of the JM Longyear family of companies, open their 30,000-square-foot manufacturing facility in Marquette, Michigan. The new facility will enhance operational efficiency, support future growth, and provide an improved working environment for the company’s team.

The new facility is projected to increase job growth by 40 employees. The expansion has brought in $500,000 of investment into the community.

New Public Investments in Marquette County

The Negaunee Downtown Enhancement project is a $3.4 million investment into the community. The project will revitalize the downtown area with infrastructure improvements and create placemaking. There will be 6 distinct social hubs to be introduced through the downtown area. Those hubs are: Firefighters Square, Irontown Plaza, Ericson Park, Chiri Park, and Tobin Place. The project is projected to be finalized by 2024.
Content