21430 Michigan Avenue, Dearborn MI

Posted by Michigan Economic Development Corporation

Map
Satellite

Development Site

Development Opportunity

District

Size

2.18 acres

Ownership

Publicly Owned

Site Description

This is a prominent, highly visible corner site at the signalized intersection that is the east entry point into the West Dowtown District. Vision is for mixed-use retail and student housing.

Documents

    No documents available at this time.

General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

Request

Fast Track Approval

Fast Track Approval (is the site plan review streamlined per RRC guidelines?), Community Support, Political Support

Zoned for Preferred Outcomes

Preparation of new form-based code for this area is underway with adoption planned in 2018

Political Support

Master plan and DDA efforts approved by City Council and Mayor

Community Support

DDA & Chamber of Commerce and community input into plans & workshops support further downtown development

Reduced Fees

Reduced Fees, Flexible Pricing

Tax Credit

Tax Abatement, Tax Increment Financing

Other Incentives

Brownfield funds for dealing with obsolete structures & contaminated sites, TIF funds for needed off-site/infrastructure improvements

Financial Programs

(Facade grant, DDA grant, Sign Grants, Etc.)MEDC (State of Michigan) programs targeted to mixed use, downtown projects in Redevelopment Ready Communities

Costs

Negotiable

Fee Schedule

Dearborn Fee Schedule

Other

Infrastructure

Pedestrian and streetscape improvements installed, additional improvements planned in the near future.

Transportation

SMART bus service on Michigan Avenue, Intermodal Train station at east end of district

Private Investment

Ford Land is constructing a two building $65 million mixed use development in the heart of the district

Local Development Trends & Market Indicators

Interest in constructing upper story apartments & condos due to a lack of availability compared to demand.
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21430 Michigan , Dearborn, MI 48124

2.18 acres (95135.63 sqft)
Owner
CITY OF DEARBORN
Details
APN: 32 09 222 01 029 00
For Sale
Publicly Owned

Contact Barry Murray

Barry, from City of Dearbon, has more details.

Message
This is a traditional, mixed-use downtown district undergoing substantial revitalization.  There are opportunities for new businesses and... More

Created on June 26th, 2018 (last updated 25 days ago)