Downtown developers Allen Drouare and Shawn Elliott are
adding five stories to their proposed Capitol Club Towers development in
Downtown Lansing. The developers originally planned a
12-story rather than the 18-story building they now envision.
According to excerpts from the article:
The proposed $22.4 million Lansing building would likely
eclipse the city's second-tallest building, the 16-story Grand Tower office
building immediately to the south.
The tallest building is the Boji Tower at the corner of
Capitol and Allegan streets.
Developers are citing strong demand for the added height.
"It's overwhelming the response that we're
getting," said Dan Wert, a project manager with Grand Rapids-based Robert
Grooters Development Co., a partner in the project.
"We believed in this project from the get-go. We
knew Lansing was ready for it."
Wert and local developers Allen Drouare and Shawn Elliott
laid out the details for the tower at a reception for about 300 potential
residents and area business leaders at the University Club of Michigan State
University.
Going taller has allowed the project to grow from about
122 owner-occupied units to about 175, developers said. So far, they've taken
80, $1,000 deposits from people interested in living at Capitol Club Tower.
The building would include about 200,000 square feet of
residential space and 50,000 square feet of retail space on two floors.
Read the entire article here.
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