Ann Arbor Area Community News
Sunday’s Ann Arbor News front page proclaims Massive downtown complex planned. The story leads:
McKinley, a national real estate firm based in downtown Ann Arbor, is buying TCF Bank’s local headquarters and three nearby parcels, planning a new, massive complex that will change the northeast end of downtown Ann Arbor.
The changes in store include the eventual vacation of long time tenant TCF, the conversion of the first floor of the building (and some parking spots) to retail and/or restaurant space, the conversion of the TCF single story training center to a restaurant, new landscaping and a paint job on the building.
So, basically, they’re banking on the increased State & Liberty population (due to the new dorm, Corner House Lofts and the “we’re really hip, really” LoFT 322) to drive up first-floor rents to the recent heights of South State Street. But does a paint job, some landscaping and a change in tenants a “massive downtown complex” make?
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