Ann Arbor Construction updates

[DetroitMan]

196-unit final phase of Beekman on Broadway development gets Ann Arbor’s OK

City Council voted 10-0 Monday night, July 17, to approve the third and final phase of the Beekman on Broadway development, OK’ing Chicago-based Morningside Group’s revised plan to build more rental housing instead of condos.

Morningside’s previously approved plan for the site included an 86-unit condo building, but that’s been scrapped. The additional 196-unit apartment building now approved will take shape next to two other apartment buildings already constructed on the site in recent years. The first one brought 254 new apartments and the second one added 286. Morningside’s Ron Mucha has said the unit mix for the third building will be similar to the first two with an emphasis on one-bedroom units and studios, plus some two-bedroom units.

The monthly rent for a roughly 435-square-foot studio at Beekman on Broadway can vary from $1,975 to $2,100, while one-bedroom units go for $1,990 to $2,555 and two-bedroom units go for $2,500 to $3,235, according to prices listed at BeekmanOnBroadway.com. There also are 15 affordable housing units reserved for people with incomes up to 60% of the area median income and the third building will add six more.

Parking also is reduced, officials noted.

https://www.mlive.com/news/ann-arbor...arbors-ok.html