4700 Schaefer-REDICO Medical Building

Posted by Michigan Economic Development Corporation


Development Site



2.22 acres


Privately Owned


For Sale

In Opportunity Zone


Site Description

Available space in modern medical office building for medical uses & support services/retail


    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


Fast Track Approval

Community Support

Public input into Master Plan and DDA plan has been substantial

Political Support

Creation of DDA, overlay zoning and City involvement in substantial projects all supportive

Tax Credit


Financial Programs

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

Housing Credits

MSHDA (State of Michigan) incentives for affordable and workforce housing

Other Incentives

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


Various depending on development plan

Fee Schedule

Dearborn Fee Schedule

Transportation Investment

Streetscape completed/maintained, served by DDOT & SMART bus systems


All utilities available, supported by public parking and trash handling systems

Private Investment

City Hall Artspace Lofts completed, Arab American National Museum expansion completed, Dearborn Town Center development partially completed - last component is an American House Senior Living facility currently under construction

Local Development Trends & Market Indicators

Replacing small (1-2 story buildings with larger 4 story buildings), addition of multiple family residential units on upper floors of new buildings
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0.0 acres ( sqft)
Traditional mixed-use downtown district undergoing substantial revitalization.  There are opportunities for new businesses and redevelopm... More

Created on June 29th, 2018 (last updated 10 months ago)