Old Downtown YMCA Site
I don't believe there is a dicussion started for the Old Downtown YMCA site already, so here it goes....
Published November 15, 2007
[ From Lansing State Journal ]
YMCA site not sold, but plans are in works
Developers show interest in building on Lenawee Street
Jeremy W. Steele
Lansing State Journal
YMCA of Metropolitan Lansing could be close to selling its former downtown home.
City officials have been contacted by developers interested in buying the 2-acre site on Lenawee Street that has been vacant since January 2003.
But YMCA officials said the deal is not a sure thing, despite a "sold" sign placed at the site weeks ago by the organization's real estate agent.
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"We intend to sell it, but it has not been sold," YMCA President Tony Fragale said Wednesday. "We are looking to get that sold early next year. But not until the deal is done is it a sure thing."
The nonprofit moved out of the six-story building at 301 W. Lenawee St., which it had occupied since 1951, nearly five years ago in favor of new facilities in Lansing Township and on Washington Square.
The building features four floors of dorm-style rooms, which sat vacant during the organization's final years in the building. Several efforts to redevelop the building or build a new YMCA facility at the site failed.
Lansing Economic Development Corp. President Bob Trezise said he's had talks with the developers interested in the building.
Neither he nor Fragale would identify those parties. But Trezise said at least one possible investor has done other projects in the area.
"We are working with those developers on a grand vision for that site," said Trezise, adding that plans are in early stages. "Our No. 1 priority would be to save the building. If that's not possible, then we'd want a very significant building to replace it."
Contact Jeremy W. Steele at 377-1015 or jwsteele@lsj.com.
I'm not 100% sure what I would want to see there, but i would say "mixed-use" is a safe bet. :) mid to high rise would be cool for residential... a great asset would be the park just north-east of the site.
Published November 15, 2007
[ From Lansing State Journal ]
YMCA site not sold, but plans are in works
Developers show interest in building on Lenawee Street
Jeremy W. Steele
Lansing State Journal
YMCA of Metropolitan Lansing could be close to selling its former downtown home.
City officials have been contacted by developers interested in buying the 2-acre site on Lenawee Street that has been vacant since January 2003.
But YMCA officials said the deal is not a sure thing, despite a "sold" sign placed at the site weeks ago by the organization's real estate agent.
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"We intend to sell it, but it has not been sold," YMCA President Tony Fragale said Wednesday. "We are looking to get that sold early next year. But not until the deal is done is it a sure thing."
The nonprofit moved out of the six-story building at 301 W. Lenawee St., which it had occupied since 1951, nearly five years ago in favor of new facilities in Lansing Township and on Washington Square.
The building features four floors of dorm-style rooms, which sat vacant during the organization's final years in the building. Several efforts to redevelop the building or build a new YMCA facility at the site failed.
Lansing Economic Development Corp. President Bob Trezise said he's had talks with the developers interested in the building.
Neither he nor Fragale would identify those parties. But Trezise said at least one possible investor has done other projects in the area.
"We are working with those developers on a grand vision for that site," said Trezise, adding that plans are in early stages. "Our No. 1 priority would be to save the building. If that's not possible, then we'd want a very significant building to replace it."
Contact Jeremy W. Steele at 377-1015 or jwsteele@lsj.com.
I'm not 100% sure what I would want to see there, but i would say "mixed-use" is a safe bet. :) mid to high rise would be cool for residential... a great asset would be the park just north-east of the site.
Comments
As for the issue, this is heartening. It's funny the broker has a "sold" sign on the YMCA building, and for so long, though. I wonder if that's even legal. Anyway, the article makes it sound like something big is planned for the building which is more than I expected. What I expected was to hear that this would be torn down and replaced by a parking lot or some one or two-story property. Trezise is hinintg at something substational it seems.