Ann Arbor Commercial Real Estate Update: Mixed Use Student Rentals, First Hospitality, Police and Courts
Yet another addition to the endless string of proposed luxury student rentals, these however are part of a proposed mixed-use redevelopment, so their numbers will most likely be limited. First Hospitality has decided to close on 202 S. Division, the assumption being that they will return to an apartment project after the demise of their proposed hotel. In other news, the city presses forward with its plans for a new police and courts facility along with upgrades to the existing structure, with a very green theme and a price tag of $47 million.