The plan calls for construction of a 15,000-sf store. The parcelwas excess property obtained by the DDA through the acquisitionprocess of Maple Road right-of-way. The property is owned by theDDA, partnering with the City of Walled Lake, who controls zoningand planning approval.
A total of four developers submitted five proposals forconsideration, which were reviewed by a committee of DDA and CityCouncil members, as well as City staff. A purchase agreement willbe prepared by the city attorney prior to final approval.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.