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Old Posted Nov 3, 2014, 6:37 PM
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25-unit condo building proposed in downtown Ann Arbor
By Lizzy Alfs. November 03, 2014.

Longtime Ann Arbor developer Tom Fitzsimmons has plans for another low-rise condo building downtown.

Fitzsimmons, of Huron Contracting LLC, submitted plans to Ann Arbor’s Design Review Board to construct a four-story, 25-unit condominium building at 408-412 N. First St., between West Kingsley Street and Miller Avenue.

There are two existing structures on the site: a residence at 412 N. First and Huron Contracting’s offices at 408 N. First.

Fitzsimmons said he has an option to purchase the site at 412 N. First St. from registered owner Karl Lopata. The property has a 2014 assessed value of $135,700.

“We see a strong demand for downtown condos, and we’re attempting to fill that demand,” Fitzsimmons said. “If we have the ability to bring a project online once a year and be able to deliver 15 to 20 condos, we see that we’ll be able to increase supply and meet that demand.”

Fitzsimmons is in the midst of building two low-rise condominium projects in the downtown area: an 18-unit project at 414 N. Main and 401 N. Fourth that is nearing completion, and a 22-unit project at 121 Kingsley that Fitzsimmons expects will get underway this fall.

The majority of the site at 408-412 N. First St. is located in the Allen Creek flood plain or flood way. It’s in the city’s D2 zoning, which has a maximum allowable building height of 60 feet.

Four stories of residential units would be constructed atop lower level parking with 37 spaces. Five additional parking spaces would be located nearby in an easement held with the property owner to the south. Parking is hidden from view from public streets by metal screening and landscaping, the plans say.

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