New plans are in the works for the old Kmart headquarters in Troy.
Gone are neo-urbanism designs for a large, dense, mixed-use village called the Pavilions of Troy. Coming is something potentially similar, but possibly not.
“They want to make it less dense or less intense,” says Mark F. Miller, assistant city manager for Troy. Miller adds that he is in the know about the plans for the possible development, but admits he hasn’t seen any drawings or diagrams yet.
What he does know is that Farmington Hills-based Grand Sakwa Properties has made an offer on the property and could close on it as soon as December. It has pulled a PUD (planned-unit development) revision application and is looking at pursuing a public-private partnership with Troy.
The old plan, which petered out earlier this year, called for demolishing the old Kmart headquarters on Big Beaver Road and replacing it with a dense urban center in the middle of sprawlville. The $300 million development entailed 500,000 square feet of retail space, 300,000 square feet of office space, a 250-key hotel, 750 residential units (lofts and townhouses), a 3000-seat theater, grocery stores, restaurants, and a public ice skating rink.
Source: Mark F. Miller, assistant city manager for Troy
Writer: Jon Zemke