Royal Oak Moves Ahead with Plans for 4-Story Apartment Building at I-696
March 20th, 2017, 6:54 AM
Royal Oak is well on its way to a major development.
The Royal Oak Planning Commission last week approved a special land use and site plan for Singh Development, LLC of West Bloomfield to pay $2.5 million for the four-acre site between South Main Street and Washington Avenue and I-696 to develop a $40 million, four-story apartment building, Mike McConnell of The Daily Tribune reports.
"They have 180 days to submit construction plans to the city, but I think they’ll beat that timeline,” Jay Dunstan, chairman of the city’s Downtown Development Authority which owns the land, told the paper. “The market is right and I feel fortunate to have been part of this.
Mayor Michael Founier, who sits on the Planning Commission, told the Trib that the apartment building proposal is a better and more aesthetically pleasing than other proposals that failed in the past.
“They will have to move some parking and there will be other tweaks to their original plan,” he said. “I think we’ve found something that is creative and an asset to the community.”