5-story condo development 'The Garnet' proposed near downtown Ann Arbor
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Another new condo development near downtown Ann Arbor is in the works.
Plans have been submitted to the city for "The Garnet," a five-story condo building proposed to be constructed at 325 E. Summit St.
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https://www.mlive.com/expo/news/erry...net-condo.html
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University of Michigan buys Fingerle Lumber property for $24 million
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Just one week after Fingerle Lumber announced it was planning to close after more than 87 years of business, the University of Michigan’s Board of Regents approved the purchase of land owned by the business.
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https://www.mlive.com/news/ann-arbor...4-million.html
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Also, I heard rumblings that allegedly the air rights for 417 & 419 E. Liberty St. have been leased to someone who wants to build a highrise nearby (if I'm recalling how air rights leasing works)...dunno anymore then that but it wouldn't surprise me... that's some valuable land. Landmark Properties did say a while back that they were eyeing a student housing development in Ann Arbor in the next 5 years, maybe they're moving forward with that, or maybe Spark is looking to expand...