350 S. Fifth Avenue Affordable Housing and Transformational Brownfield
Ann Arbor
Summary
Council approved its first Transformational Brownfield Plan for the 330-unit, 20-story affordable housing tower at 350 S. Fifth Ave, capturing state income, sales, and withholding taxes to help fund it, plus up to $35 million in bonds and a $1 million sustainability grant.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jan 20, 2026.
Impact analysis
Up to $35 million in potential bond financing plus a $1 million city grant commitment.
Income-eligible residents gain deeply affordable downtown housing; downtown workers and employers benefit from added supply.
Opponents say schools, county services, and taxpayers lose revenue for decades, and that future residents face an over-parked, highway-adjacent site.
Mentions & discussions (2)
Oak Park, Ann Arbor among five Michigan communities to receive brownfield grants for local projects
Oak Park, Ann Arbor among five Michigan communities to receive brownfield grants for local projects ClickOnDetroit | WDIV Local 4
City Council — January 20, 2026
Council approved its first Transformational Brownfield Plan for the 330-unit, 20-story affordable housing tower at 350 S. Fifth Ave, capturing state income, sales, and withholding taxes to help fund it, plus up to $35 million in bonds and a $1 million sustainability grant.
Related development
Arbor South Brownfield Plan
If approved, tax dollars from schools, city, county, library, and transit funds would be diverted for 30 years to subsidize the development, which would add housing and remake a gateway site.
350 South Fifth Avenue Transformational Brownfield Plan
Adds 330 units downtown including income-eligible affordable housing, supported by state tax capture and up to $35 million in potential city bonds.
350 S. Fifth Ave. Development Agreement (PUD Site Plan SP25-0009)
Locks in terms for the downtown affordable housing project tied to the brownfield and bond actions.
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