Five years after the Red Cedar Renaissance project was first proposed along Michigan Avenue in Lansing, developments are still putting the financing in place to cover a $78 million cost to lay the thick foundation that would raise it up out of a flood plain and build other infrastructure.

In East Lansing, plans for a  12 story hotel and apartment complex downtown went back to the drawing board after developers said the $26.2 million brownfield reimbursement plan wasn't enough to cover the cost of public infrastructure improvements for the $148 million project.

Another $132 million project announced last week in downtown East Lansing aims to build two 12 story apartment buildings and a six level parking garage, which will likely need a larger tax rebate.  The Lansing State Journal has more.