GAINES TOWNSHIP, Mich. (WOOD) — Lawmakers are revealing new clues about the plans for an iconic building in southern Kent County.
House legislators Tuesday introduced a set of bills that would create tax exemptions for a major company interested in taking over the former Steelcase pyramid building in Gaines Township.
The parent of the company that may move into the pyramid is believed to be Switch, 24 Hour News 8 Political Reporter Rick Albin has found.
The company that may move in hosts cloud storage services and is looking at the facility for its East Coast hub, a source tell 24 Hour News 8. The source was not sure how many jobs the company would create, but because of the size and expense of the storage systems needed, it would represent a $5 billion to $10 billion investment. The plan would also call for additional buildings.
Sources told 24 Hour News 8 that New York is also in the running for the project.
Three other bills introduced in the Senate would provide tax exemptions for use, sale and property purposes. Senators Dave Hildenbrand, Tonya Schuitmaker and Peter MacGregor each introduced legislation that would level the playing field for Michigan, which is competing with another state for the business.
It’s unclear exactly how much of the $5 billion to $10 billion investment would go into West Michigan. It’s believed a large expense for the company would be their data storage computers, and where those would come from is unknown at this point.
Legislators may have to work fast. Michigan is competing with another state that already has the desired tax exemptions in place.
Lawmakers who support the project will have nine sessions to get the tax exemption measures passed by the end of the year. However, no action is expected until early December, since lawmakers are on break.