Stories indexed with the term ‘property purchase’

Art Center Consolidates, Sells Felch Property

Bluestone Realty

A Bluestone Realty sign is still on the former Ann Arbor Art Center building at 220 Felch St., but the building was sold last week to ICON Technologies.

When Rob Cleveland of ICON Technologies sent us a press release about his firm’s purchase of the Ann Arbor Art Center’s Felch Street property, we took the opportunity to get an update on the center’s plans for its main Liberty Street site.

We reported last year that the art center, like virtually all nonprofits, was struggling financially and faced a budget shortfall. Last August, with two weeks left in their fiscal year, they’d launched a “Close the Books in the Black Campaign” to raise $20,000. So how was the center faring financially now? [Full Story]