Bay City, Mich.- October 3, 2018 – Construction is now underway on an $8.6 million, three story mixed use building located at 101 East Main Street, on the corner of East Main Street and Saginaw Street, across from the Dow Bay Area Family YMCA.  The building will feature office and retail uses on the first floor, and thirty residential apartments on floors two and three.  The first floor consists of 19,000 square feet of commercial space.  Professional office, commercial and retail spaces are currently available for lease.

The new building will further develop the 43 acre waterfront & modern urbanist inspired neighborhood that has proven to be a very successful addition to Bay City.  Currently all the residential condominiums built in phase one have sold.  Uptown Bay City is home to Dow Chemical, Chemical Bank, McLaren Bay Region, Michigan Sugar Company, Raymond James, CMU RC, Uptown Grill, the Real Seafood Company, a Marriott Courtyard Hotel, Don Angelo’s Aveda Salon, and many other fine independent retailers and small businesses.

The new building will feature one and two bedroom apartments appointed with stainless appliances, hard wood floors and quartz countertops.  One bedroom units will be approximately 900 square feet, and two bedroom units approximately 1,100 square feet.  Rental rates will start at $975 per month for one bedroom units and $1,150 per month for two bedroom units. Residential units will be available to move in by the end of 2019.

The 101 E. Main Street development promotes walkability, supports residential living in downtown, increases the local tax-base, and aligns with the City of Bay City’s identified housing priorities.

“We are excited to have more people move into Uptown.  More residents who will enjoy the outstanding quality of life that Bay City has to offer,” says Pete Shaheen, Vice President of Shaheen Development, Uptown Bay City’s developer.

Residents will enjoy easy access to the Dow Bay Area Family YMCA, the Riverwalk, shops, restaurants, parks, and festivals.

Trevor Keyes, President and CEO of Bay Future adds, “When the Uptown Bay City Project was announced in 2012 this was the vision laid out by Shaheen Development:  A place that was accessible to all, was a part of the community, full of energy, attractions, comfort, and commerce. Piece by piece, this monumental vision and undertaking, has taken shape, catalyzing efforts in and around Uptown that translates in to real economic growth, quality of life, sense of place, and jobs for our community.  We are very fortunate to have that leadership and vision in Bay City and look forward to continuing to work together to build a robust future here.”