Ann Arbor, Michigan

Cranbrook Tower

Cranbrook Tower Apartments

5 ACRES 7 STORIES 208,494 SQUARE FT 202 APARTMENTS

Location:

2901 Northbrook Place Ann Arbor, MI

Community:

Cranbrook Tower Apartments serves low income seniors in the City of Ann Arbor, MI. The Community includes 1 and 2 bedroom apartments with balconies with views to the City and surrounding neighborhood, along with a community room with entertainment area and kitchen, library and computer room, fitness room and common laundry. The residents are also served by a full time Service Coordinator.

Community Served:

30 Senior Apartments / 70 Family Apartments All households at or below 50% AMI

Total project cost: $25,399,604 Low Income Housing Tax Credits / Michigan State Housing Development Authority Mortgage

Developer/Role:

Ginosko Development Company (2015-2018) Acquisition | Financing | Construction Oversight | Asset Management | Resident Engagement | Development Team Formation and Administration

Owner Entity:

GDC-Cranbrook Limited Dividend Housing Association, LLC

Development Team:

Ginosko Development Company | Stratford Capital Group | KMG Prestige, Inc. | Schneider + Smith Architects | DePadua Construction | Loomis