There’s a lot of money and incentives being offered to redevelop the old Farmers & Merchants Bank building in downtown Benton Harbor. Cornerstone Alliance has put out a request for interested developers to submit proposals to revamp the iconic building, and the project chosen will be eligible for over $100,000 in cash an incentives. The building dates to the late 1800s, and a $250,000 facade renovation project is set to begin next month. Cornerstone Alliance recently purchased the building after it changed owners several times in recent years. The two-story building has over 12,500 square feet of available space, is zoned for commercial activity, and is just steps from both the Benton Harbor Arts District and the new mixed-use development at the Sheffield Building on Pipestone. Additionally, a $3 million renovation is planned nearby at the Harbor Center mixed-use building at the corner of Pipestone and Main streets. The deadline for developers to apply is 5 p.m. on Friday, June 14, and more information can be found here.