OKEMOS – A $60 million development combining apartment units, an indoor farmers-type market and various businesses is back on track at Meridian Township’s southern limits.
The proposed development, called Okemos Pointe, will be located just west of the Meridian Crossing commercial area at Okemos and Jolly roads. Plans call for 19 apartment buildings, a mixed-use structure and the repurposing of two existing buildings.
The whole thing will be tied into Meridian’s pathways system, and that excites Brent Forsberg, who is president of T.A. Forsberg Inc., the Okemos-based real estate firm developing the property.
Forsberg said he anticipates a ground-breaking around the end of September, with the first apartments ready for leasing by the summer of 2017.
There will be 19 three-story apartment buildings, with residences also included in other structures. There will be up to 390 units in all, Forsberg said, covering 37 acres but the developers will start out with about 120 “core” units and expand from there.
Apartments will have one to three bedrooms.
Along with the apartment buildings, an existing building that T.A. Forsberg owns at 2362 Jolly Oak will be converted into an “Okemos Pointe Market Place.” Kieselbach said vendors will be able to sell items such as fruit and produce, baked items, canned goods and crafts.
Forsberg expects a 2018 opening for the market.
T.A. Forsberg’s offices, also on Jolly Road, would be moved to a mezzanine in the market building, he said.
Another existing building, at 2398 Jolly Road, will be for various commercial ventures. The Cancun Mexican Grill and Woody’s Oasis are there now, but four other suites are unoccupied. Forsberg said developers are looking at a health-food retailer or possibly a food business incubator taking up shop.
Plans also call for a mixed-use structure in another existing building to the immediate north.