Written By: Diane S. Katz and James M. Hohman
Published In: Budget & Tax News
Axiom Entertainment of Rochester, Michigan is eyeing 1,800 acres of state-owned land near Grayling, in north-central Michigan, for a $160 million theme park.
Axiom is also reportedly seeking $25 million in infrastructure improvements from the state. The site, in Crawford County, currently lacks sewer and water service and would likely require improved highway access as well.
On May 29 the Grayling Township Planning Commission unanimously approved a "concept plan" for the park, including a request that the Michigan Department of Natural Resources sell 1,800 acres of public land for the venture. A letter of intent for the purchase of the oak and pine woodlands along Interstate 75 reportedly has been signed by David E. Freed, who oversees land sales for the department....