After several delays and moderations, the Ann Arbor City Council has approved the brownfield plan and development agreement for Arbor South.
The deal uses about $300 million in tax revenue that would come from the development. It’s the largest brownfield project in Ann Arbor history.
The construction of three parking structures had been a major sticking point in getting the deal approved. But now the developers have agreed to pick up the cost.
Mayor Christopher Taylor says Arbor South is a good project for the city.
“I really don’t give a rip about developers. Nothing that I do, nothing that we ever do, is for the developers. What I care about, what we care about are the people of Ann Arbor--the city, its current residents, its future residents. And Ann Arbor needs housing.”
The proposed complex includes about 1,000 housing units with over 200 set as affordable. It will include a hotel, retail and open space.
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