Property

Frandor Sears’ property will become an entertainment hotspot

The former Sears store location on East Michigan Avenue near the Frandor Mall will be transformed into a mixed-use entertainment center, named “ROECO”, the Gillespie Group announced Aug. 31.

Located at 3131 E. Michigan Ave., the Gillespie Group property has hosted Sparrow Health System’s local site for COVID-19 testing and vaccinations for the past two years.

Now it will be transformed into a multi-store hotspot with entertainment and dining options. Details such as a schedule and included amenities are subject to change based on partnerships, the band said.

“It’s an exciting time to be in Lansing as we have met the challenges of the past few years with new projects and developments throughout the city and region,” said Pat Gillespie, President and CEO of Gillespie. Group, in a press release. “We have incredible momentum, and this site is a great example of that.”

Before it closed two years ago, the 14-acre, 200,000-square-foot site housed a Sears for 66 years. The name “ROECO” was chosen to honor the history of Sears, Roebuck and Co. in Lansing. Gillespie Group has owned the property for 13 years.

The development company is partnering with property group Coldwell Banker Richard Ellis (CBRE) to begin marketing the property to sellers. According to a statement, the ROECO is intended to house entertainment, dining and accommodation.

“We look forward to bringing innovative new retailers, restaurants and entertainment concepts to the Lansing market,” said Scott Young, senior vice president of CBRE, in a press release.

Gillespie said he is looking forward to working with new partners, bringing this place to life, and contributing to the attention of this area of ​​Lansing.

The company hired Washington DC-based consulting firm Streetsense to study the region’s demographics to recommend the types of businesses that will succeed at the site more than a year ago, the Lansing State Journal previously reported.

Other Gillespie Projects

Over the past few years, a number of projects have been initiated in this area to the west of campus.

Just across from the Frandor Mall, the $260 million Red Cedar Development project has begun projects in the Michigan Avenue Corridor.

In the fall of 2021, the project’s student housing complex, University Edge, welcomed its first batch of residents. Their $35 million luxury seniors’ residence, Red Cedar Lodge, is set to open this month. The site will soon host two hotels, restaurants and retail outlets.

Located next to the former Sears store, SkyVue student apartments opened in 2017.

In September 2021, Sparrow Health System unveiled its plan to build new medical facilities, including a five-story tower on its Michigan Avenue campus which sits between the Michigan State Campus and the State Capitol. from Michigan.

“For decades, this area of ​​Lansing has been known for its unique dining, shopping and entertainment and the ROECO plan will continue that tradition,” Lansing Mayor Andy Schor said in a statement. “I’m always thrilled to see unique and creative redevelopment projects that will be a magnet for people coming to Lansing, bringing more vibrancy and energy to our city.”

The Gillespie Group markets the ROECO as a near-campus destination that can be seen from US-127 and is across from the Red Cedar Development Project.

The group is responsible for Block600 Lofts and Capital City Market by Meijer in downtown Lansing, two other commercial buildings near Frandor on East Michigan Avenue, as well as a number of properties deeper in Lansing.

They were founded in 1994 and now have a portfolio comprising 2000 residential units and nearly one million square feet of commercial space.

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