Plans for Ann Arbor Georgetown Mall to Include Kroger?
The plan for a revamped $30 million Georgetown Commons (the old Ann Arbor Georgetown Mall) is held up at the moment by two items: securing a renewed lease from Kroger and getting a tax increment financing district set up for the site. Plans are slated for a new 45,000 sqft Kroger store, underground parking garage, almost 150 apartments and several retail shops. The developer’s original plans were to demolish the entire mall and rebuild 90,000+ sqft. Kroger is currently the only business left in their original space.
Original plans did not include space for the grocer, however Kroger has communicated intentions to stay in the Georgetown location and expand. On the other hand, the developer is still waiting for a renewed lease.
A recent community meeting discussing the site brought forth several concerns from local residents. Number one on the list is the slated building layout - Kroger is placed right off Page Avenue near the back of the property - some are worried it will be too close to nearby homes, creating an influx of neighborhood traffic. Developer, Schubiner, wants to make sure he has public support before moving forward.
This property was recently sent foreclosure notice and has narrowly avoided the auction block. Schubiner assures owner Harbor Georgetown plans to pay the back taxes (of $485,000) before the March deadline. Ideally construction on a new site would begin next summer.
For more information contact Kathy Toth and Team.
 |
FREE MLS Search - View Current Homes for Sale Search the local Ann Arbor MLS and find the homes for sale in your desired area. Stop looking through 3 different papers, get the whole Ann Arbor homes list here for FREE. Plus receive daily updates via email, for any new listings. All for FREE - no strings attached! |
homes and condos with pictures and tours - FREE!
Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty
What I want to know from readers, is what kind of content do you like?
We invite you to...
- Make a Suggestion
- Comment on our Blog (below)
- Subscribe to Receive Free Ann Arbor Updates
- Share this with your friends (below)
Listen to this post
You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
