X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FARMINGTON HILLS, MI-Grand Sakwa Properties is building another mall development in Oakland County. The company has received approval from the Farmington Hills planning commission and city council to build 600,000 sf of retail space, with the possibility of additional stores, office and residential units.

The plans for the site at Northwestern Highway and Orchard Lake Road were approved through a planned unit development, says Dale Countegan, the city’s director of planning and community development.

The development was originally quoted at costing about $100 million, Countegan notes.

The company is currently building a Home Depot, consisting of about 100,000 sf and a garden area, Countegan says.

“There should be occupancy within a month,” he tells GlobeSt.com. “The land to the west was recently approved for a 136,000-sf Sam’s Club.”

A gas station was planned for the Sam’s Club, but the city council says a fueling station was not on their list of acceptable uses for the PUD, Countegan says.

He adds a couple of multi-tenant outlots were also approved, and will include Atlanta Bread and other retailers, Countegan reports. Another outlot has received site plan approval, he says, and will include Buca Dibepo and three other buildings.

On the outlots, the company is moving forward on site engineering and anticipates construction soon, Countegan notes.

The company has acquired about half of the total 80-acre parcel, Countegan says.

There are some existing residential and older strip commercial properties that would need to be razed and rebuilt, he notes.

“Grand Sakwa is developing as they go. The overall master plan shows the entire development of 80 acres as commercial. The company said it plans to continue retail, but the PUD allows office and residential,” Countegan says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.