Interest in Ypsilanti's Water Street redevelopment area continues to grow, as the three projects currently proposed make their way through the process.
City Planner Teresa Gillotti says most of the interest lately is from residential developers.
She says the Family Dollar store is close to closing, with construction beginning in April or May. The Water Street Flats developer finds out in July whether they've received the state tax credits needed to move forward. And a purchase agreement for the Washtenaw County Recreation Center is expected in the next month or so.
The crisis that could have derailed plans for a Family Dollar store in the Water Street Re-Development Area has been averted.
City Council on Tuesday approved a development plan for the store that removed a provision to allow a so-called monument sign on the property – something a representative of the developer suggested could be a deal-breaker.
Ypsilanti City Council has approved a purchase agreement for a Family Dollar store to be built on the northeast corner of the Water Street re-development area.
The approval came after the developer agreed to some changes to make the store fit better with the city’s vision for the property, including moving the store to the northwest corner of the point-eight-five acre parcel.
Ypsilanti's city council has put off a decision on a purchase agreement that would have a Family Dollar store built on the northeast corner of the Water Street redevelopment area. The delay is due, in part, to the city's master plan update. Hear more from WEMU's Bob Eccles.