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Flaherty & Collins to oversee $170 million mixed-use project in Michigan

Flaherty & Collins to oversee $170 million mixed-use project,ph01

Flaherty & Collins Properties has been selected by the City of Warren, Michigan, as the exclusive master developer of Warren Town Center, a $170 million development project.

Warren Town Center is a proposed mixed-use development featuring 500 market-rate apartments, a 200-key, high-end boutique hotel, more than 20,000 square feet of retail and dining and space for a 30,000-square-foot, full-service grocery. The location is the site of the old city hall, in front of the new city hall directly across from the Tech Center.

The project will be a public/private partnership that will include the City of Warren, Flaherty & Collins Properties and General Motors.

General Motors currently has more than 25,000 employees located at GM Global Tech Center across the street from the Warren Town Center development site.

Current plans call for a connection pedestrian bridge from the hotel that runs over Van Dyke and connects to the GM campus. Acquest Realty Advisors will serve as the hotel development partner. F&C is in discussion with several grocers, with the goal of reaching an agreement with a high-end grocery option for the site. In addition, Prince and F&C team members are in conversation with WeWork regarding a shared office concept as part of the development.

Flaherty & Collins Properties and the City of Warren will now negotiate a development agreement over the coming months, and pending council approval, plan to break ground before the end of 2019.