is experiencing a housing boom unlike anything it’s experienced before. Through March 31st of this year, the Township issued 62 single-family residential building permits. That’s nearly double the number issued for the same period in 2011, based on data provided SEMCOG.
“The issuance of significant residential building permits indicates the hibernation of development in Lyon Township is over,” according to Mark Shafer, a real estate broker with Lee and Associates. “The opening of the Kensington Grill, the razing of the former Putter’s restaurant and the recent availability of the Case de Rio Grande facility on Grand River indicates the retail infrastructure is ready to service the influx of new residents,” Shafer said. To encourage and support retail growth in New Hudson, the Township’s downtown district, the Lyon Township DDA is funding the installation of public sanitary sewer along an approximately 1-mile stretch of Grand River Avenue, between the two roundabouts to the east and west of Milford Road.
According to Jack Healy, owner of Healy Homes, “Lyon Township is a great place to live. As a builder, I appreciate the great customer service provided by the township.” Healy stated his buyers are relocating from communities, such as Livonia, Dearborn and Redford, and include transferees from Ford Motor Co, Masco, Lear and Johnson Controls.
The Township has issued 35 permits for new single-family houses as of April 24, 2012. Another 10 permits have been approved and are waiting to be picked up by contractors; plus an additional 7 applications are waiting to be reviewed, according to Patti Johnson, Lyon Township Building Coordinator.
William A. Pearson, Superintendent of South Lyon Community Schools stated “the residential growth in Lyon Township means the South Lyon Community Schools will continue to have more students in the classroom. We are prepared and anxiously await these new students, and they will receive an excellent education.” He said this growth is being experienced at all levels, K-12.
As more families move into Lyon Township, the demand for retail will continue to increase. According to Todd Wyett, President of Versa Development, “most of our tenants have seen an increase in business over the past year. It is nice to have the past GREAT RECESSION behind us.”
2010 Census Data put the population of Lyon Township at 14,545, a 32% increase between 2000 and 2010. The Census Bureau reports the median household and per capital incomes of the Township are generally higher than county, state and national averages.
Lyon Township is a bustling community located at the forefront of development along the I-96 corridor in the southwest corner of Oakland County. The Township is geographically situated half way between Detroit, Ann Arbor and Lansing, providing businesses access to talent bases from Wayne State University to the University of Michigan and Michigan State University.
When asked how the housing boom is impacting industrial development, Signature Associates real estate broker, Jim Montgomery said, “We are seeing a growth in the housing market in large part due to the expansion of industrial activity in the far west Oakland County market. Lyon Township is certainly part of this expansion. We have leased or sold over 225,000 sq. ft. of industrial space in Lyon Township over the last 6 months. We expect this trend to continue as long as the inventory is available.”
“We readily welcome this development push,” asserted Township Supervisor, Lannie Young. “As a pilot community in the Oakland County One Stop Ready Program, Lyon Township fully embraces the concept that time is money. One of the incentives we offer residential, commercial and industrial developers is TIME. Our goal remains constant; provide development interests with the security of a small-town atmosphere while ensuring a timely and coordinated review process,” stated Young.
For more information, contact Michelle Aniol, Lyon Township DDA Administrator/ Economic Development Coordinator: Tel: 248-437-2240 Email: email@example.com.