The
location, current home to the Matthew Hoffman “You Are Beautiful” movable art
installation, once housed the Police Department and former News Dispatch
buildings before being torn down in 2017.
“We
see this project as a perfect opportunity to incorporate art, tourism,
amenities and residential, all in one place,” said Scott Goodman, founding
principal of Farpoint Development/Decennial Group. “The multi-family
residential building and a hotel will wrap around the parking structure and have
areas for outdoor dining, rooftop amenities and upper units with Lake Michigan
views.”
Plans
for the project include: a boutique hotel with eight stories and 180 rooms,
seven stories of multi-family living with 150 units, a parking structure with
324 spaces, rooftop hotel terrace and pool, space for restaurants and cafés and
plazas to exhibit future Sculptfusion works of art.
Michigan
City Mayor Duane Parry stated, “The beauty of this project is that it brings
together public spaces with enhanced architecture and artistic elements to
enhance the vibrant energy of downtown.
“We
continue to work toward projects that not only build up our city’s offerings to
visitors and community members alike, but also strengthen our economic
development surge.”
“The
YAB movable art installation was brought to the city in 2017 as a way to
inspire community members and guests with a simple, but uplifting message that
is broadcast in six-foot tall blue steel letters,” added Linda Simmons,
Economic Development Corporation Michigan City Chairperson and director of
marketing at Visit Michigan City LaPorte. “This is a great example of economic
development and tourism working together to improve the community with
developments that support common goals.”
The
YAB project is expected to bring 119 construction jobs, 167 permanent jobs and
more than 65,000 expected annual guests within walking distance of the beaches,
downtown restaurants and businesses.
“We
are looking toward fall of 2022 to really see this transformative project get
off the ground,” said EDCMC Executive Director Clarence Hulse. “We continue to
work with city leaders and the Redevelopment Commission to bring dynamic
initiatives and projects to our downtown and beyond.”
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The Economic
Development Corporation Michigan City is committed to growing and attracting
new industry and business to the community as well as strengthen existing
business. EDCMC services, programs, and one-on-one assistance clearly provide
the optimum business environment — a place where commerce and industry can
prosper and grow. EDCMC merges the right mix of resources, including city
government, community members, and the expertise of business leaders. Exclusive
incentive packages and unique natural resources make Michigan City, Indiana,
the place to build or expand.
For more
information, call (219) 873-1211 or visit www.edcmc.com.
Farpoint
Development/Decennial Group focuses on innovative real estate development
throughout the Chicagoland region and beyond. The team brings more than 30
years of experience to each commercial office project that it takes on.
For more
information, visit www.farpointdev.com.