(To read more on the multifamily market, click here.)

SHELBY TOWNSHIP, MI-The board of trustees here have approved two multifamily developments that will bring more than 1,000 new homes to the township, as well as retail, a three-story assisted living complex and a two-story medical office building. The projects are a result of the township’s master plan, approved in 2003.

The development areas include the site of a former gravel mine at Auburn Road, and across the street on the site of a closed water park. More than 500 attached condominiums and 25,000 sf of retail will be built on the site of the gravel mine, says Township Planner Glynn Wynn. “It will be predominantly multifamily properties,” Wynn tells GlobeSt.com. The development, which recently received planned unit development approval, will be built on the 120-acre site around the gravel pit lake by Auburn Hixson LLC-Stone Ridge North of Shelby.

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