By Seth Kinker, email@example.com
Last week, representatives from Guenther Homes, Bank of Ann Arbor, and the City of Dexter were on hand for an official groundbreaking of a luxury condominium /retail space in downtown Dexter on Jeffords street.
Dexter City Council approved the development plan for what will be the largest building in the downtown area in April of this year.
The development will be a 53,984 square-foot four-story mixed use building one block south of Main street right across the street from Mill Creek Park.
In 2007, development of the area was planned for a three-story, 27,000 square-foot residential building, the agreement was in place, but then the economy took a turn and the property owner was unable to go through with the project.
Guenther Building Company has since taken on the project, with groundbreaking taking place on August 22.
“I think the Dexter Downtown Development Authority and the residents are ready for this to not be a gravel parking lot,” said Dexter Mayor Shawn Keough. “Obviously in 2007 we were ready, but the former owner of the property was not able to get the finances he needed. We’re thankful the Guenther family came in and is going to be making us a nice building.
With prices ranging from $335,000 to $545,000 for the 22 available units, request was in high demand when the development was announced last June. Sixteen people were on a waiting list without advertising at that time.
On Wednesday Natalie Ceccolini, Guenther Representative told The Sun Times that 11 of the 22 available units have sold and moved off the waiting list into contract signing.
Under a city zoning ordinance, developers using the Planned Unit Development District overlay are required to contribute recognizable and material benefit to the community. The Dexter Planning Commission recommended that Guenther’s material contribution would come in the form of 24 parking spaces for the City of Dexter.
No plans are set for where the parking spot spaces will be and the deposit from Guenther for the space has been paid, with Guenther building temporary parking will construction continues.
“It’s been a good partnership,” said Keough about working with Guenther. “Parking issue is a funny thing. Either we have a problem or don’t depending on who you talk to. If you’re willing to walk a few minutes, you can get anywhere.