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Old Posted Oct 26, 2015, 5:42 PM
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Plans submitted for 12-story student high-rise in downtown Ann Arbor
By Matt Durr. MLive. October 25, 2015.

Two years after a highly controversial 14-story high-rise was approved on East Huron in downtown Ann Arbor, the city will soon be discussing a similar project on the same block.

Core Spaces, an Illinois-based real estate firm specializing in residential, hospitality and student housing projects, bought slightly more than a half-acre of land from developer Dennis Dahlmann and is seeking to build a 12-story student housing building on the site.

Two years after a highly controversial 14-story high-rise was approved on East Huron in downtown Ann Arbor, the city will soon be discussing a similar project on the same block.

Core Spaces, an Illinois-based real estate firm specializing in residential, hospitality and student housing projects, bought slightly more than a half-acre of land from developer Dennis Dahlmann and is seeking to build a 12-story student housing building on the site.

The project would be on the same block as the still-under-construction Foundry Lofts, which won City Council approval in a contentious 6-5 vote in 2013.

Plans for the property have been submitted to the Ann Arbor Design Review Board for site plan approval by City Council that call for 129 units to be built on the property directly next to The Dahlmann Campus Inn.

The building would be located on the properties of 513 and 603 E. Huron between the hotel and the Sloan Plaza.

....

The project is likely to spur similar discussions to when Foundry Lofts made its plans known to the city. Concerns about proximity to residential areas, how it fit visually in the neighborhood and traffic congestion led to a narrow 6-5 council vote in favor of the project.

At the time of the approval, many residents expressed outrage over the decision to move forward with project.

AJ Capital Partners, the Chicago-based hospitality firm that bought The Dahlmann Campus Inn last month, has already announced plans to renovate the hotel, meaning that stretch of East Huron could see major construction continue over the course of the next few years.

Work on Foundry Lofts began in October 2013 and remains unfinished. Earlier this year, the management group for the project announced it was canceling fall leases for the student-housing project as the building was not ready.

The Foundry Lofts website is now advertising the apartments will be ready in August 2016.

Core Spaces is one of the two finalists for the city-owned library lot project. The company proposed a 17-story mixed-use building with retail, hotel, residential and office spaces included.

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