A state grant will help rehabilitate another historic building in downtown Calumet.
MCP Properties will renovate 322 Fifth Street. A grant from the Michigan Community Revitalization Program will provide $324,000 of the estimated $737,778 cost. The Calumet Downtown Development Authority will also contribute $5,000.
When completed, MCP will lease the ground floor to the Frozen Farms cooperative meat market. Two residential apartments will be established on the second floor.
In a release from Governor Gretchen Whitmer’s office, Keweenaw Economic Development Alliance executive director Jeff Ratcliffe said the project will return some original character to a blighted, historic building, add badly needed middle market housing, and support the expansion of a thriving downtown business.