Posted Jun 7, 2022, 9:13 PM
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Detroiter4life
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Join Date: Jul 2001
Location: Back home in Georgia!
Posts: 4,320
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More on the rezoning of 200 acres around Briarwood Mall...
Real Estate Insider: Land near Briarwood Mall rezoned for high-density development
Quote:
As far as the actual mall property is concerned, the Ann Arbor office of Colliers International Inc. is marketing the surface parking development on behalf of Indianapolis-based Simon Property Group. As it's currently envisioned, it would bring a 135,000-square-foot office building, 585 apartments and a grocery store to the eastern portion of the parking lot at South State Street and I-94.
The broker told me last year that the apartments would be built by a third-party developer and the REIT would build the office space within about 18 to 24 months once a tenant is lined up.
The mall is nearly 1 million square feet and is the only one within 30 miles, Colliers marketing materials say.
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https://www.crainsdetroit.com/voices...ty-development
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