$25 million mixed-use proposed for DT Bay City, MI

[DetroitMan]

Proposed $25 million investment at Uptown at RiversEdge site the "Hope diamond" for Bay City
Published: Monday, November 07, 2011, 9:24 PM Updated: Tuesday, November 08, 2011, 7:28 AM
The Bay City Times By Shannon Murphy | The Bay City Times

The city signed a purchase agreement - the first step in many - to begin the development by SSP Associates for 100,000-square feet of building space at the Uptown site that will include a mix of residential, retail and restaurant space. SSP, which is led by local Dr. Samuel Shaheen, is no stranger to development having renovated the Temple Theatre in Saginaw and construction a $20 million, three-building project that housing the Michigan CardioVascular Institute in Saginaw.

http://www.mlive.com/news/bay-city/i...nvestment.html

[Rizzo]

I have no doubt in my mind that Shaheen will make this happen.

For those not familiar, it's a massive piece of property
http://maps.google.com/maps?q=Bay+Ci...h&z=16&vpsrc=6

[LMich]

Thanks for the map. Just looking at it, if done right, this could be a major extension of the city's downtown. Looks like an amazing opportunity.

EDIT: http://baycitymi.org/Uptown/uptown.htm