A multi-million project will move forward in downtown Fowlerville.
State Rep. Bob Bezotte (R-Marion Twp.) on Tuesday applauded the Michigan Economic Development Corporation (MEDC) for its work with the Michigan Strategic Fund in approving The Ville Project.
“This will be the first new development in downtown Fowlerville in several years,” said Bezotte, of Marion Township. “I am eager to see the finished product.”
The Ville Project will include the construction of a new two-story building in downtown Fowlerville. When completed, the mixed-use building will contain eight residential apartments and commercial space on the first floor.
According to the MEDC, the project “will bring much-needed attainable housing and vibrancy to the downtown. It is also expected to serve as a catalyst for additional revitalization and economic activity in the community.”
Ryan Kincaid with the Kincaid Building Group posted renderings of what the development would look like and said the mixed-use redevelopment would consist of 2-bedroom, 2-bathroom units, retail space, plus a new TRV|FIT Training Center, adding “We could not have made this happen without the amazing support we received from the Village of Fowlerville and The Michigan Economic Development Corporation (MEDC). Additional thanks to TriTerra and Hobbs and Black Architects for providing excellent services. Stay tuned for future updates on our progress and completion!”
The project is expected to generate a total capital investment of $3.7 million, supported by a $1.45 million Michigan Community Revitalization Program performance-based loan.
The village of Fowlerville is supporting the project through a 10-year Commercial Rehabilitation Act exemption valued at $451,196.
“This project will bring much-needed housing opportunities and vitality to downtown Fowlerville,” Bezotte said. “I hope this serves as a catalyst for future revitalization projects in the community.”