Michigan State University Plans Olympic-Sized Arena and Mixed-Use Development

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Michigan State University Plans Olympic-Sized Arena and Mixed-Use Development
Michigan State UniversityArenaDevelopment
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Michigan State University (MSU) is moving forward with plans for a major arena development on its west side. The 14-acre project will include an Olympic-sized arena, hotel, market-rate housing, academic space, offices, and retail. The arena will accommodate 4,000 to 6,000 spectators and serve volleyball, wrestling, and gymnastics programs. The project will also house additional classroom/academic units for the university’s hospitality program, kinesiology, health sciences, and potentially other departments.

LOOPNET — This photo shows a 14 acre site where MSU plans to build an Olympic-sized arena, hotel and mixed-use development; other university facilities identified.

The unnamed 14-acre development is pegged for the northwest corner of Harrison and Trowbridge roads and across from a burgeoning commercial district in the city of 49,000. No price has been officially announced but construction would be through a P3. A board of trustees summary says a portion of it, such as hotel and retail, would become subject to a long-term ground lease with the developer while other sections would be financed, owned and operated by MSU.MSU president Kevin Guskiewicz called the plan “extraordinary” describing it as “creating a vibrant ecosystem that amplifies MSU’s mission.”

And while the location is high profile and accessible, some five hotels have already been built in the area in the past six years. Bob Trezise, president and CEO of the Lansing Economic Area Partnership, in a statement praised the university for “once again us on the national map from a tourism and entertainment perspective, attracting large activities that will spill over into the entire region.

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