$60m development proposed for Haslett Village Square

0

HASLETT, Mich. – Haslett Village Square in Meridian Township has been virtually empty for years after the L&L grocery store closed in 2011. Now there’s a proposal for a $60 million new residential and commercial development.

Michael Bosgraaf, President of Bosgraff Homes, is one of the developers hoping to bring life back to what is now an empty space.

“It’s seen a few better days and we bought all of the site there, with the exception of the Pine Village site, which is the assisted living area to the west,” Bosgraaf said.

Bosgraaf said they are proposing 301 new housing units.

“There’s everything from stacked apartments in a four-story building to apartments in three-story buildings, and then we have multiple apartments or townhouses, condos at the back of the property,” Bosgraaf said.

There will also be space for commercial space.

“We’re keeping the corner that’s currently a bank location that will remain commercial and could be a future Walgreens, restaurant, brewpub or something like that, it’s going to be demolished,” Bosgraaf said.

And a community hub with pickleball courts, a fitness center, and outdoor activities.

“Some kind of restaurant or cafe,” said Bosgraaf. “We proposed a food truck area that would be open to the public where we could temporarily put up to four food trucks there, kind of community, party, atmosphere. There is outdoor seating, fire pits, a pool area, all open to the public.”

Bosgraaf said working with an already developed site like Haslett Village Square has its pros and cons, particularly when it comes to cost.

“Possible contaminants, water and sewer lines, pavement,” Bosgraaf said. “The advantages, it has a fully developed area around it. So many areas that appeal to people. There are restaurants, shopping, a school system, friends, hiking trails in this neighborhood. So it was really an ideal site that just had a lot of stuff that needed to be removed. The beauty of redeveloping this brownfield site is that it’s a nice clean site, except for all the buildings, that’s just expensive.”

Bosgraaf said they anticipate costs of between $60 million and $70 million, which will be covered by private funding and possible bank financing, and Bosgraaf hopes some will come from the Meridian Redevelopment Fund.

“I think that number is somewhere around $900,000 to $1 million, and that’s a pretty small claim compared to the size of the project,” Bosgraaf said. The Pros, the site is a pretty clean site. It just needs to do the demolition and some of that to make it competitive with the rest of the markets.”

The Meridian Economic Development Corporation supported the requested amount at its most recent meeting. The next steps in approval will be reviewed by a subcommittee appointed by the local council, followed by board approval.

According to the builders’ application for the money, there should be six construction phases. Bosgraaf said he expects construction to begin this fall and be completed in about three years.

Want to see more local news? Visit the FOX47News website.

Stay in touch with us anytime, anywhere.

Sign up for newsletters to be emailed to your inbox.

Choose from these options: Neighborhood News, Breaking News, Severe Weather, School Closures, Daily Headlines, and Daily Forecasts.

Follow us on Twitter

Like us on Facebook

Share.

Comments are closed.