STERLING HEIGHTS — The Sterling Heights City Council recently broke its July deadlock over whether to approve the Chaldean Community Foundation’s second apartment complex proposal in the North Van Dyke Avenue corridor.
On Aug. 7, the council voted 5-2 to approve the plan for a four-story complex at 43934 Van Dyke Ave.
Mayor Michael Taylor, Mayor Pro Tem Liz Sierawski, and council members Barbara Ziarko, Michael Radtke and Henry Yanez voted yes, while councilwomen Deanna Koski and Maria Schmidt voted against it.
That vote followed a 3-3 tie during the July 16 council meeting, in which Yanez was absent and Sierawski voted no.
Under the development deal, the city will sell the developer — CCF Development Grillo Limited Dividend Housing Association LLC — approximately 2 acres of land for around $30,000 an acre. The city says it paid around $640,000 for the overall site’s 10-plus acres using American Rescue Plan Act funds.
During the development process, the developer will temporarily assume liability for the site’s 10-plus acres. But then the developer will have to give the city back the rest of the land it wasn’t using, which the city hopes to use as green space or for recreation.
According to CCF President Martin Manna, this apartment complex proposal is an estimated $30 million project, which will be made possible in part through a loan from the Michigan State Housing Development Authority.
The complex is expected to contain 82 one- or two-bedroom units, and also some retail space. Manna said there is interest in putting a bakery, coffee or dessert shop there, or perhaps a pharmacy or an urgent care.
Read the full article: https://www.candgnews.com/news/council-approves-ccfs-second-north-van-dyke-apartment-proposal-52-6334
