Vision for Ann Arbor's Georgetown Mall fits city's plan for commercial redevelopment
From The Harbor Companies LLC
It may have been a surprise to some, given the concerns neighbors have raised since Kroger left the site and owner Craig Schubiner looked for a solution amid both a global financial crisis and one affecting his property, as the mortgage fell into complicated bankruptcy dispute and late tax debt accumulated.
But the reaction to the look of what could be coming to the property itself was positive: People seemed please to see the stores, the community space at the center, the location close to Packard and the vitality it could bring to the neighborhood.
The designs for what's now being called Packard Square were preliminary, according to the development team, which plans to submit more precise site plans by the end of this month.
They show what Schubiner says is viable for the property: Small retail spaces totaling 20,000 square feet and 230 apartments, mostly 1- and 2-bedrom units, along with 450 parking space.
They also offer a glimpse into how the city envisions urban redevelopment for coming years: Buildings that are closer to the road, taller than what they're replacing and more dense in terms of types of uses.
As more redevelopments are proposed in the city, these are the principles that will guide much of it. And the renderings, as presented for Georgetown, offer the city an early look at how developers will interpret it.