Bearinger Fireproof Building
125 years of history in this unique Saginaw icon.
Constructed in 1893, the Bearinger Fireproof Building is one of the best remaining examples of the Chicago-architectural style in the Great Lakes Bay Region.
On the US Register of Historic Places
Adjacent to cultural, educational, and entertainment venues
48,000 square feet on six floors
In public ownership, under option
No parking requirements
NPS Historic Tax Credit
MEDC Community Revitalization Program
Opportunity Zone Fund
New Markets Tax Credit
Brownfield Tax Increment Financing
Estimated redevelopment cost
Estimated Equity raise
Ideally located in the center of community assets like the Dow Event Center, Huntington Bank Event Park, the new Delta College Saginaw Center, and SVRC Marketplace, the Bearinger Fireproof Building is a high-quality redevelopment opportunity.
The Saginaw Economic Development Corporation (SEDC) owns the building, which is currently under a purchase option agreement with a group of local investors.
A group of prominent local leaders is evaluating the redevelopment of this property as a boutique hotel with ground floor restaurant and retail spaces. The Saginaw Community Foundation also provided a grant to Infuse Great Lakes Bay to support predevelopment due diligence costs.
Jenifer Acosta Development is the project developer.