Stories indexed with the term ‘brokerage services’

CBRE Selected for Library Lot Brokering

Ann Arbor city administrator Steve Powers has indicated that he’s selected CBRE to assist the city with the marketing and sale of the Library Lane parcel. That announcement came in an email sent to councilmembers on July 1, 2014. The site is located north of the downtown Ann Arbor District Library, between South Fifth Avenue and Division.

The surface of the Library Lane parking structure is highlighted in yellow.

The surface of the Library Lane parking structure is highlighted in yellow.

Direction from the city council to Powers – to engage a broker for the development rights on top of the Library Lane underground parking parking garage – initially came … [Full Story]

Council Takes Steps on Library Lane Future

The question of how the top of the Library Lane underground parking structure in downtown Ann Arbor will eventually be used has taken some steps toward getting answered. The city council acted on two key related resolutions at its March 17, 2014 meeting.

Library Lane parking deck

The Library Lane parking deck is highlighted in yellow. The name “Library Lane” is based only on the proximity of the structure to the downtown location of the Ann Arbor District Library. The library does not own the structure or the mid-block cut-through. (Base image from Washtenaw County and City of Ann Arbor GIS services.)

The council’s meeting actually featured three items related to … [Full Story]

Colliers, Chaconas to Broker City’s Y Lot

Colliers International and local broker Jim Chaconas have been selected to handle the possible sale of the former YMCA lot, located at the corner of Fifth and William in downtown Ann Arbor. The roughly 0.8 acre parcel, owned by the city of Ann Arbor, is  used as a surface parking lot in the city’s public parking system. City administrator Steve Powers notified councilmembers of the decision in an email sent July 3, 2013.

[Full Story]

Ann Arbor Preps to Sell Former Y Lot

The city of Ann Arbor has taken a step toward putting the former YMCA parcel up for sale. The roughly 0.8 acre parcel at the corner of Fifth and William in downtown Ann Arbor is currently used as a surface parking lot in the city’s public parking system. The city purchased the property nearly 10 years ago, in 2003. At its March 4, 2013 meeting, the Ann Arbor city council voted to direct the city administrator to prepare an RFP (request for proposals) for brokerage services to sell the lot.

[Full Story]