The Port Huron City Council will vote on the approval of the sale of the former River District Grocery Store property at their upcoming meeting Monday night. Community stakeholders met with city leaders yesterday to meet developers and see initial plans for the site.
The Woda Group, a firm that develops affordable housing in 16 states, plans to purchase the property from the City of Port Huron and invest at least $9,500,000 in the property.
James Freed, Port Huron City Manager, said, “This project will be one of the largest housing developments in the region and will provide transformational change to the Connor St. Corridor. This significant investment will no doubt induce future investment and development into this important area of our community.”
At the unveiling of the plan to the community Thursday, Freed shared that community leaders took potential developers on a bus ride around the city last year and identified the old River District Grocery site , or 3550 Electric Avenue, as a site for a new housing development.
“It’s the most undervalued property in the city with the most potential. You have beautiful waterfront views, you have walkability to one of our keynote charter parks, Lincoln Park, which has a brand new play structure thanks to the Ralph C. Wilson Foundation, walkability to restaurants and bars and pubs and more to come, and we thought, this is the place,” said Freed.
The new housing development will include 58 units of two and three-bedroom condos ( 24 two-bedroom and 34 three bedroom) in its 4-story structure.
Craig Patterson, Senior Vice President of the Woda Group, said the new development will feature amenities that appeal to individuals that are earning between $40, 000 – $83,000 a year.
“I mention those income levels because we’re setting the targets at that level so those individual can afford to purchase.” Patterson went on to say, “These are the missing middle residents and stakeholders and entrepreneurs and business owners and retail workers that are already in this community or who desire to move to Port Huron in this beautiful community.”
The Woda Group intends to received funding from the State of Michigan that will help keep the cost of the condos affordable. Once they get funded, they desire to get started with the building project within 6 months.
The architect firm that will be designing the building is based out of Minneapolis, and Patterson said the Woda Group uses that firm when they want a really special design. The images available now are preliminary, and Patterson told the crowd, “You haven’t seen anything yet!”
The City will require the Woda Group to meet certain obligations on the project including starting construction within 24 months after closing on the sale of the property. Freed said the Warranty Deed will also include a provision requiring Woda to return the property to the City if they fail to do so.
The City Council meets in the Public Meeting Room at the Municipal Office Center on Monday, September 12 at 7 :00 PM, and the public is always welcome to attend and comment.
Reporting for WGRT – Jessie Wiegand