The committee is made up of three members of the city commission, and three members of the Downtown Development Authority.
The intersection, directly across from the Detroit Zoo, is considered the city entrance to the popular downtown area.
At the three-hour meeting, the teams from the three companies, with architects and designers in tow, presented their proposals and answered questions from the committee. No decision was made. Mayor Dennis Cowan, one of the committee members, says the body will meet again at 6 p.m. today to discuss the proposals. A final recommendation will not be made to the commission until the middle of June, he adds.
"We're going to move cautiously but expeditiously," Cowan says, adding the prime vacant property has undergone numerous plans that have never come to fruition.
Tri-Mount Construction built condominiums just north of the site, but lost its bid to build a hotel and more condos on the site in March after the company scrapped an office project that was supposed to adjoin the hotel. City leaders have said an office development must go on the site.
The projects are:
* Kojaian wants to build a five-story, 102,000-sf office building with surface parking. The company is offering $1.1 million for the land.
* Blue Hill wants to build a three-story, 50,000-sf office building and a four-story hotel, that will have 7,500 sf of retail. The company is offering more than $1 million.
* Schostak wants to build a six-story, 229,030-sf office building; a seven-story, 101,188-sf hotel and 14,025 sf of retail, all served by an internal parking structure. The company is offering $5 million to build a $95 million project on the site. The Schostak Bros. also tried to interject an alternate plan that would eliminate the hotel and 30,000 sf of the office building, shrinking the project substantially.
"We have a tenant that would put 70,000 sf in the buildings immediately,"says David Schostak, an owner of the company.
With the larger project, the company wants a year before construction could start, to do a market study for the hotel and build the large, 900-plus parking deck.
Schostak asked the committee to consider the alternate proposal, but Cowan says they would only consider the first plan. All of the committee members at the meeting say they really want a hotel on the site. There is a significant lack of quality hotel space in south Oakland County, except around the corporate-heavy city of Southfield.
"I still have some concerns about the larger mixed-use site, and it's impact on the neighborhood," Cowan tells GlobeSt.com. "I have confidence we'll move forward quickly and bring this project to a conclusion."
The committee had rejected other plans from Tri-Mount, Kirco Development ofTroy, the Robertson Brothers and Weiss Brokerage.
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