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Park District Investment Group and Privately-owned Parcels
The review and due diligence on the projects proposed for the privately-owned portions of the Park District planning area have been delayed pending resolution of recent foreclosure action.
DTN Management and the publicly-owned parcels
On June 4, 2015, Colin Cronin of DTN Management Company submitted a Letter Requesting that the City of East Lansing Re-engage with DTN (PDF) on their previously withdrawn Park District proposal, which included building on four DDA-owned parcels on Evergreen Avenue as well as three City-owned parcels that are currently surface parking lots. The previous proposal included an office building, a parking structure, multi-family rental housing, owner-occupied housing, rental housing restricted to residents that are 55+ and commercial retail space. The DDA has approved an Amended Pre-Development Agreement (PDF) at their June regular meeting. The agreement was discussed with City Council on July 7, 2015 at their work session and will be on the business agenda on August 4.
Experts Weigh in on Park District Vision
Marybeth Graebert of the MSU Land Policy Institute previously wrote about the project. Read the article.
MLive asked two urban planners what they would envision for the Park District Planning area project. Read the opinions of Mark Wilson, professor at the MSU School of Planning, Design and Construction, andZenia Kotval, professor at the MSU School of Planning Design and Construction.
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