WATCH: Supporters Break Ground on Dearborn Student Housing Project
The $30 million project will make 500 housing units available to University of Michigan-Dearborn students.
A collective sigh of relief was heard on Town Center Drive in Dearborn on Monday as partners in bringing student housing to the University of Michigan-Dearborn broke ground on the $30 million project. "This is a fantastically happy day for the University of Michigan-Dearborn," commented an exuberant Chancellor Daniel Little at the groundbreaking ceremony. "It's not a huge project in any respect ... except to our students." More: Plans Finalized for UM-Dearborn Student Housing The Union at Dearborn—located in the former Ford Land buildings at 760 and 780 Town Center Drive just east of the campus—is set to open next fall. The development, funded by Urban Campus Communities, will include apartments for more than 500 students, as well as …
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Jessica Carreras
4:10 pm on Thursday, September 27, 2012
They are a public company backed by financing, including Comerica and Huntington banks, so they will still have to pay property taxes. However, they DID catch a few breaks with Brownfield tax status because the property was deemed "functionally obsolete." More on that here: http://dearborn.patch.com/articles/student-housing-brownfield-tax-plan-approved Was there anything else you wanted to know? more ›