Ann Arbor Chronicle: Packard Square developer withdraws state loan application that prompted Washtenaw County officials' debate

Posted on Thu, May 26, 2011 : 8:10 a.m.

Washtenaw County's Board of Commissioners was set to continue discussion about backing a state loan request for the former Georgetown Mall redevelopment on June 1 - but pulled it from the agenda, the Ann Arbor Chronicle is reporting.

georgetown_concept.jpg

From The Harbor Companies LLC

The reason, according to the website: Developer Harbor Cos. withdrew the loan application for the Packard Square Project.

Commissioners approved portions of the Packard Square requests in mid-May, including a grant request and brownfield plan.

However, several commissioners raised questions about whether the county should back a $1 million state loan.

Ann Arbor officials approved site plans for the project on May 2.

The property is located on Packard Road, where it's been vacant since Kroger closed in 2009.

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