The Parkside of Plymouth development is getting a second lease on life now that new local investors have taken the project over.
The downtown development had stalled out earlier this year before Sue Knight and Patrick Tortora (Plymouth and Northville residents, respectively) took it over. The new developers hope to have it all wrapped up by the end of this winter and fully occupied by next May.
"It's constantly being worked on," says Chris Knight, the realtor representing the project. "There is a lot that needs to be done."
The new owners were attracted to its location on Penniman Avenue overlooking Kellogg Park and to the value of such a large development in a small downtown.
"We all love downtown Plymouth," Knight says. "It's such a positive environment to do business in."
The 18-unit structure will be a mixture of for-sale and for-lease residential units, plus ground floor commercial space. It will also utilize geothermal heating and cooling units, which are considered cutting edge environmentally friendly building technology. Geothermal technology uses the constant temperature of the earth to help heat and cool the building while keeping costs low.
Source: Chris Knight, the realtor representing Parkside of Plymouth
Writer: Jon Zemke
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