Mich. marijuana business development takes shape
Windsor Township – An industrial park intended for growing medical marijuana in mid-Michigan is starting to take shape.
A cultivation facility is currently under construction in Windsor Township’s nearly 130-acre medical marijuana business development, Harvest Park, the Lansing State Journal reported .
The township’s planning commission is also expected to review in the coming weeks plans proposed by other Harvest Park businesses seeking to use special permits. Each business will be required to have permits and licenses approved by the township and state.
A group of private investors purchased the land from the township last year for $2.4 million, according to county tax records. Township officials approved the development on the condition that it won’t include marijuana dispensaries.
Investors have agreements with buyers interested in at least half of the lots available. Those involved in the project have said the entire development could create up to 1,000 jobs.
The park needs about $2 million in infrastructure development for streets and utility service, said Jeff Donahue, Harvest Park’s managing director.
Lansing’s Board of Water and Light is working with private investors to have the park’s first 62 acres accessible to electricity and water within several months.
The park’s second phase is 67 acres, which investors hope to have sold out by the end of the year. Lots are marketed for about $149,000 an acre, Donahue said.
“It’s that evolving industry, getting in a space that’s kind of something new,” Donahue said. “It’s exciting.”
The township’s supervisor Marcus Braman said he’s pleased with the investors’ approach, but remains cautious. The township doesn’t have experience in the medical marijuana industry, and is in a holding pattern until state officials get their licensing system operating.
“I want the state to take any approach they feel they need to take,” Braman said. “I respect the process.”