I'm pleased to find out that something is FINALLY being done with this vacant bank
Many of you from AA may be very familar with this long vacant storefront. It's connected to the tall red brick parking structure called "Tally Hall," more recently renamed Liberty Square.
Storefront:
http://maps.google.com/maps?client=f...93846153846153
http://www.mlive.com/annarbornews/bu..._challeng.html
Old bank's vault poses challenge
by Stefanie Murray | The Ann Arbor News
Saturday January 17, 2009, 11:49 PM
>Development
Fencing recently went up around the former bank building that fronts the Liberty Square parking garage in downtown Ann Arbor.
Real estate company McKinley owns the building and is starting renovation. Specifically, they're getting the space ready for retail tenants, said Royal Caswell, the company's executive vice president of commercial real estate.
Business Team Leader Stefanie Murray can be reached at 734-994-6932 or
smurray@annarbornews.com.
Caswell said the process has been delayed somewhat because of financing. The company recently closed its construction loan for the project with KeyBank.
"It's a long process in this environment," Caswell said about financing.
The renovation will open up 16,000 square feet of retail space on East Liberty Street. One particular challenge will be removing the vault inside the former bank - Caswell said he was told it'll take two weeks and the use of saw blades that are 6 feet long to cut it out.
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And a side note regarding banks. There is definitely a lack of ATMs in that vicinity, just TCF.