Financial

Stryker only needs state approval for Portage brownfield plan

By Malachi Barrett –  February 22, 2017

KALAMAZOO, MI — One final step remains to approve a brownfield plan for a $150 million Styker Instruments project in Portage.

The Kalamazoo County Board of Commissioners became the last local body to sign off on a County Brownfield Redevelopment Authority financing plan that allows Stryker to capture tax revenue to clean up and develop a 288-acre site. Commissioners voted unanimously to approve the plan during its Feb. 21 meeting, which now goes to the state, who has the final say.

Brent Lalomia, vice president of quality and facilities, told the authority Thursday that the proposal for Stryker’s medical instruments division involves 485,000 square feet of facilities that will include three-stories of office space for sales, marketing and support functions connected to a two-story research and development lab. An atrium in the middle will house a customer experience center and functioning showroom.

Lalomia thanked the county brownfield authority for making the process efficient and collaborative.

The development is projected to retain 966 jobs and create an additional 105, a component of the plan lauded by Portage City Manager Larry Shaffer.

 

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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