The DeVos/Van Andel Three Towers project will now get millions in public funding after a recent Michigan Legislative vote

Several months ago many news agencies were reporting that the roughly $565 million in public subsidies for the DeVos/Van Andel Three Towers project was at risk for lack of public dollars.

However, last week State Legislators passed a bill that would increase a $1.6 billion limit on post-construction tax captures in the transformational brownfield plan program to $3.2 billion.

According to an article in Crain’s Grand Rapids Business the increased transformational brownfield tax incentives program will already being going for a  partial demolition and overhaul of Detroit’s iconic Renaissance Center, along with funding for the DeVos/Van Andel Three Towers project in Grand Rapids.

Senate Bill 723 was approved by the Senate in December by a vote of 24-12, with Senate Minority Leader Winnie Brinks voting for it. The House passed it on an 82-26  last week with a voice vote, thus demonstrating plenty of bipartisan support for giving millions to developers as a subsidy while nearly half the families in Michigan are living paycheck to paycheck. The Crain’s article presents this vote as a a good thing, since their publication is business centered.

GRIID first wrote about the DeVos/Van Andel Three Towers project in September of 2024, with several articles that followed which as listed here.

https://griid.org/2024/09/22/billionaire-families-announce-new-development-project-in-gr-wants-544-million-in-public-funding/

https://griid.org/2024/10/17/grand-rapids-board-unanimously-approves-a-565-million-subsidy-for-a-development-project-proposed-by-two-billionaire-families/

https://griid.org/2024/11/10/2-ways-to-oppose-the-565-million-subsidy-for-the-devos-van-andel-development-project-in-downtown-grand-rapids/

https://griid.org/2024/12/02/it-would-appear-that-the-city-of-grand-rapids-will-provide-565-million-in-tax-incentives-to-the-2-billionaire-families-despite-significant-public-opposition/

https://griid.org/2025/10/01/the-billionaires-families-of-devos-van-andel-have-hired-a-chicago-based-real-estate-developer-for-the-3-tower-project-in-grand-rapids/

https://griid.org/2025/12/22/state-board-oks-561m-tax-incentive-to-billionaire-amway-families-for-3-tower-project-mayor-lagrand-celebrates-this-decision/