$19.5 million housing development, marketplace to be built downtown Flint
(9/26/2018) - The old YWCA in downtown Flint is nearly gone to make way for a new multi-million dollar housing and retail development.
The project just got a boost from the state in the form a $7 million loan. Another $9.5 million worth of incentives for building affordable housing units could be added to that.
The marketplace will soon be home to more than 90 new apartments and townhouses, along with retail shops. It will be A 90,000-square-foot complex bringing affordable housing for the downtown area.
"It's just down the street the health and wellness center which has the MSU School of Medicine, the Hurley pediatrics, the farmer's market and right there is the University of Michigan-Flint, so we are very excited for the location," said Flint and Genesee Chamber of Commerce CEO Tim Herman.
In addition to a great location, he said the new housing development should be an attractive place to call home for many.
"There will 92 parking spots. There will be a playground and a lot of amenities that you and I and others would love to have in an apartment complex," said Herman.
Developers are hoping to have the complex completed by the end of 2019 or early 2020.