University Village was a proposed development on South University at Forest Avenue, where Village Corner once stood. It would replace existing commercial structures with a new student-oriented apartment high-rise. The original plans were scrapped after the developers were unable to obtain financing and went to court to settle their differences.
In 2011, a new project with new investors was launched under the working name of 601 Forest, which is (somewhat confusingly) also a working name for the this project.
Planning for University Village
Plans early in 2008 called for the building to include 726,000 sq ft in two attached towers, 19 and 26 stories tall, tying Tower Plaza Condominiums for the tallest building in Ann Arbor by floors. The ground floor would include 16,000 square feet of retail space, with three stories of underground parking.
As of August 2008, a somewhat scaled-down version included 464,000 sq ft in a tower rising 21 stories, including 342 apartments atop the ground floor retail space, and costing $150m.
The developers are planning for LEED Certification as a green building, including a green roof and courtyard area. Among the structures in line for demolition are the former Bagel Factory, the Village Corner store, a student rental structure, a branch of the Student Bike Shop and a party store.
The project has met opposition from some in the area, including concerns about traffic, parking, and other impacts.
The developers are Dan Ketelaar and Ron Hughes.
In the news
In a circuit court lawsuit filed in February, Ketelaar accused Hughes and several of his development companies of not paying an agreed-upon monthly $12,000 fee to Ketelaar, breaching a confidentiality agreement, "failing to perform their primary responsibility as they never obtained or arranged for financing of the project," and seeking to freeze Ketelaar out as an owner of the project.
- Ann Arbor News, 9 August 08, Forest project draws attacks
- Arbor Update, 6 August 2008, City Council: It takes a Village (Corner)
- Arbor Update, March 2008, University Village Public Meetings
- Arbor Update, January 2008, South U Gets High
- Ann Arbor News, January 2008, Plans unveiled for 2 towers to house 1,700 students
- Ann Arbor Business Review, January 2008, South University poised for transformation: 26-story student high rise under consideration