A slew of national chains including Five Guys Burgers and Fries, Carrabba's Italian Grill, Subway, Sport Clips and others will soon be part of Pittsfield Place, a 12-business restaurant and retail development that is scheduled to break ground later this month.
According to
Landmark Commercial Real Estate's Michael Lippitt, who is marketing the spaces, the Ann Arbor-Saline Rd. location is ideal for the project.
"Pittsfield Place is strategically located in front of a very long-established and high-volume Meijer," says Lippett. "The surrounding retailers are some of the highest-volume stores in all of Southeast Michigan. And the market, if you compare it to the rest of Southeast Michigan, is underserved."
The project, which is being developed by Versa in Southfield, is divided into two phases. The first, which will include eight restaurant and retail spaces, is set to break ground this month with businesses, including Carrabba's, opening by the end of the year. About 6,500 square feet of commercial space is still available in Phase I.
All properties in Phase II have been spoken for, and construction is scheduled for completion in 2015.
"The economy is very good and leasing is very strong," Lippitt says. "Support from the township was very strong, and Meijer was very interested. All of the moon and stars aligned at the right time."
The 6.4 acres of land on which Pittsfield Place will be developed was purchased from Meijer. The development will sit between Lohr Rd. and Oak Valley Drive on Ann Arbor-Saline Rd. with parking in the rear.
Source: Michael Lippitt, Landmark Commercial Real Estate Services
Writer: Natalie Burg
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