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Michigan Economic Development Corporation

Wednesday, September 19, 2012

Fenton DDA Says Building Doesn't Fit Cornerstone Vision

Property could qualify for state economic development assistance, if obsolete building remains, DDA director says.

Last fall, the Fenton Downtown Development Authority (DDA) purchased 111 S. Leroy St., for development near the future Cornerstone Building. The DDA board has decided to hold off on demolishing the building at 111 S. Leroy, and review the issue in six months, said Chairman Craig Schmidt. The building at 111 S. Leroy, former location of Hometown Computers and Tack 'Em Up, doesn't fit the DDA's vision. The vision for Cornerstone, on the southeast corner of Silver Lake Road and Leroy Street, is to have three mixed-use, zero set-back buildings on Leroy Street, said DDA Director Michael Burns. Parking will be behind the buildings, and plans are for Caroline Street to continue east on Leroy to Walnut Street. Looking at the master plan, the type …

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