What’s happening: Downtown DeWitt is set to receive a jolt of density and walkability by way of a nearly $4.9 million mixed-use development, and the Michigan Economic Development Corporation is helping to make it happen. The MEDC recently announced that the Lofts @ 110, as the project is currently known, will receive a $2.27 million Michigan Community Revitalization Program performance-based loan in support of the development.
What’s planned: The Lofts @ 110 developer AJW Holdings, LLC, will redevelop the building at 110 S. Bridge St. as a mixed-use building that features eight new market-rate residential units and improved commercial space. Reed Insurance Agency will move from its current downtown location into one of the commercial spaces, with the longtime DeWitt business promising to add one new full-time position and two new part-time positions with the move.
Why it’s important: “The city of DeWitt is very excited for this development to come to fruition. The Lofts @ 110 will come to life on the most visible parcel in the heart of downtown DeWitt and is a critical piece of development to further our mission of creating a vibrant downtown district,” says DeWitt City Administrator Daniel Coss. “The highlight of this project is retaining a long-standing family-owned business that could have chosen many other locations outside of downtown DeWitt to expand. The city of DeWitt greatly appreciates Mr. Joslyn’s commitment to keeping his business in our downtown.”
Who’s behind it: The developer AJW Holdings, LLC, is owned by Andy Joslyn, who also owns Reed Insurance Agency. The City of DeWitt sold Joslyn the property for $1 in December 2021 in anticipation of the development. The city and Clinton County have also approved a commercial tax abatement in support of the project.
What they’re saying: “I’m very excited to see this project get started after two-and-a-half years of hard work and planning. The development is going to allow Reed Insurance room to continue to grow and expand in the downtown community that we have long loved being a part of,” says Joslyn. “It will also allow room for at least two more businesses to come into downtown DeWitt, between the new space and Reed Insurance’s existing space.”
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