ANN ARBOR, MI — A towering crane, backhoes, concrete trucks and piles of steel beams along South University Avenue mean one thing: another high-rise is underway in Ann Arbor.

Construction has begun on Vic Village South, a 13-story building with apartments expected to cater to University of Michigan students, a stone’s throw from campus.

It’s the latest project from Hughes Properties, which built the 12-story Vic Village North high-rise across the street.

“We’re very, very excited to get this one going,” said Sean Havera of Hughes Properties, noting underground foundation work is starting. “We think it’s going to be a great asset and complement Vic Village North.”

Vic Village South is expected to add 127 more apartments with 342 beds, including 14 affordable housing units.

A row of one- and two-story commercial buildings was demolished in late 2020 to make way for the project. The razed buildings were home to businesses such as South U Pizza, Oasis Grill, Rendezvous Hookah Lounge, The Village Apothecary, PNC Bank and Underground Printing, some of which relocated into Vic Village North or elsewhere on South U.

Good Time Charley’s and Catina remain standing on the block where the latest high-rise will take shape over two years.

Hughes Properties previously hoped to have the project completed by summer 2023, but after a roughly year-long construction delay due to the COVID-19 pandemic and supply-chain issues, it’s now planning to be done by July 2024.

Plans show 12 floors of apartments atop four ground-floor commercial spaces ranging from about 1,600 to 2,300 square feet, some of which could be combined.

There will be two levels of underground parking with a parking ramp off East University Avenue.

Vic Village South

Vic Village South rendering by Hobbs and Black Architects.Hobbs and Black Architects

Residential floor plans show apartments ranging in size from studios to four-bedroom units. Building amenities include study rooms, a tech lounge, leasing office, CrossFit gym, a secured bicycle storage room with card access, 13th-floor outdoor patios, a 13th-floor lounge and a game room that could provide opportunities to play foosball or pinball.

Tenants of Vic Village North and Vic Village South will be able to use amenity spaces of both buildings, Havera said, noting they will have different types of gym/fitness areas.

“The two buildings complement each other,” he said.

A development agreement between the developer and the city requires Vic Village South to have 14 affordable housing units designated for people earning up to 80% of the area median income. The units must be at least 600 square feet and must remain affordable for the life of the building.

As for whether those might go to students or working professionals, Havera said they’ll be available to anyone who meets the qualifications.

“We can’t discriminate,” he said.

Rents for market-rate units at Vic Village South aren’t finalized, but monthly per-bed rents at Vic Village North range from about $1,100 to $1,800, though the 56 apartments there are mostly four-, five- and six-bedroom units.

MORE FROM THE ANN ARBOR NEWS:

Demolition begins to make way for 19-story high-rise in downtown Ann Arbor

Updated renderings show plans for 130,000 square foot building in Ann Arbor’s Research Park

Ann Arbor ups pay for low-level city jobs to avoid being ‘employer of last resort’

See how Ann Arborites rank spending options for $24M federal stimulus

The big dig: Ann Arbor digging large pond to address neighborhood flooding

Source Google News – Read the original article

Construction begins on 13-story high-rise for University of Michigan students – MLive.com

Leave a Reply

Your email address will not be published. Required fields are marked *