A 75,000-square foot athletic club, a steak and seafood restaurant and a 96-suite hotel will be among the tenants in the Lower Town project northeast of downtown Ann Arbor.
Demolition began early this month at the site of the ambitious 6.4-acre project at the corner of Broadway and Maiden Lane, a shopping are once anchored by a Kroger store.
The Ann Arbor Athletic Club will be an upscale health and exercise facility with a swimming pool and state-of-the-art fitness equipment, said Ken Polsinelli, senior vice president of Ann Arbor-based McKinley, who is lining up tenants for the development.
Adjoining the athletic club will be a 96-suite hotel, said Polsinelli, who is in the final stages of negotiating a lease. He declined to name the hotel, but described it as a name everyone would recognize. Blake’s Chop House and University Bank have also signed on, he said.
McKinley, a property management and real estate investment firm, is negotiating with a number of other local and national tenants, from eateries to specialty stores.