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Michigan State Fairgrounds plan proposed by Magic Johnson approved

DETROIT (WKZO) -- A group headed by Lansing-native and NBA great Earvin "Magic" Johnson will be able to purchase the Michigan State Fairgrounds.

The Michigan Land Bank Fast Track Authority has approved the sale of the nearly 160-acre site at Woodward Avenue and Eight Mile for just over 4.6-million dollars to Johnson's Magic Plus LLC.  The development is expected to include a movie theater, a park, restaurants, and residential and senior housing.

The company has 90 days to submit a development proposal and will have to consider public safety, greenspaces, parking and transit in their plans.

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