government
What’s replacing Lakeside Mall? A $1 billion neighborhood -- and the funding just fell into place
By Lauren Kostiuk, Jacob Nagel at WDIV ClickOnDetroit (NBC) - Local News
· June 25, 2026
· 3 min read
Nearly two years after Lakeside Mall closed its doors, Sterling Heights is one step closer to redeveloping the 100-acre site into a mixed-use development -- and the funding to make it happen just fell into place. This week, Gov. Gretchen Whitmer and the Michigan Strategic Fund Board approved a $2...
Key takeaway Gretchen Whitmer and the Michigan Strategic Fund Board approved a $270,678,999 Transformational Brownfield Plan to support redevelopment of the former mall site.
Why this matters in The Detroit
The approval of the Transformational Brownfield Plan for the former Lakeside Mall site marks a significant milestone for Sterling Heights, as the city embarks on a major redevelopment project that will reshape its landscape. With a price tag of $1 billion, this initiative has the potential to generate substantial economic growth and create new opportunities for residents. The project's focus on mixed-use development, including residential units, retail space, and community parks, aligns with the city's vision for a vibrant and sustainable neighborhood. As the city moves forward with demolition and infrastructure development, residents can expect to see significant changes in the area. The issuance of $27.6 million in bonds to cover infrastructure costs also underscores the city's commitment to investing in its future. As this project takes shape, it will be important to monitor its impact on the local community, including the potential effects on traffic, housing, and small businesses.
About this story
Original reporting by WDIV ClickOnDetroit (NBC) - Local News . The Detroit surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: government ·
Published: June 25, 2026 ·
Source: WDIV ClickOnDetroit (NBC) - Local News ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Nearly two years after Lakeside Mall closed its doors, Sterling Heights is one step closer to redeveloping the 100-acre site into a mixed-use development -- and the funding to make it happen just fell into place. This week, Gov. Gretchen Whitmer and the Michigan Strategic Fund Board approved a $2...
When was this published? This article was first published on June 25, 2026 by WDIV ClickOnDetroit (NBC) - Local News and curated for The Detroit readers.
Who reported this story? This story was reported by Lauren Kostiuk, Jacob Nagel at WDIV ClickOnDetroit (NBC) - Local News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more government coverage from The Detroit, or browse our daily briefing and topic hubs .
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