Title
DDA Approves the Provision of Additional Parking Spaces for William Street Station and Ann Arbor Hotel to Enable these Projects to Meet Zoning Requirements
Memorandum
At its October 2007 meeting the DDA voted to approve the provision of additional parking spaces for two downtown developments that had received earlier resolutions of support for parking spaces from the DDA.
The first project is William Street Station. HDC was selected by the City in 2005 to purchase and develop the City-owned property located at Fifth/William because William Street Station will provide several important community benefits, including
Construction of 100 units of housing affordable to individuals earning less than 40% of AMI, with rent levels set at 30% of individual income
Creation of the new community transit center
A new mid block mews connecting Fourth to Fifth Avenue, energy efficient windows for the affordable units, and streetscape improvements on Fifth Avenue, William Street and Fourth Avenue
Creation of 5,000sf of new retail on William Street, which will enhance the walkability of this street
In February 2006 the DDA voted to approve a request from William Street Station for 163 parking spaces to enable it to meet zoning. In September 2007 the DDA received a second request from William Street Station for an additional 27 parking spaces, for a total of 190 parking spaces, to meet zoning requirements for its revised site plan which now includes a hotel and conference center. At its October 2007 meeting the DDA voted to approve these additional 27 parking spaces. In this resolution the DDA urged the Planning Commission and City Council to consider reducing the number of parking spaces required for this project given the opportunity William Street Station has to become a model transit-oriented project because of the new community transit center.
The DDA also voted at its October meeting to provide additional parking spaces for a second hotel developme...
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