Water Street Rescue
Ypsilanti and WCPARC signed a letter of intent to work on the project last March, and the Y will soon create a task force to work on its end. Next steps include writing a development agreement among Ypsilanti, Washtenaw County, and the YMCA; getting more public input on the concept design; carrying out the necessary rezoning, permitting, and site plan approvals; and finalizing the bonds, millages, and grant applications needed to finance the project.
Meantime, Ypsilanti will continue to market the rest of the site through CBRE, an international real estate services company. With luck, a Family Dollar on the east end and a new recreation center on the west will bookend a long-envisioned array of residential and retail development.
[Originally published in February, 2013.]