New, market rate apartments are coming to Saginaw’s Old Town District.
Saginaw Future, Incorporated, Vice President for Urban Development Tom Miller, Junior, says the developers are seeking a 10 year tax abatement to renovate an obsolete building. The Saginaw City Council approved the company’s tax exemption request Monday night.
Miller said an Ann Arbor-based developer is working with a Saginaw Township company, CASPCO, LLC, to convert the former W. L. Case Funeral Home, at 409 Adams, into 12 or 13 luxury apartments. The project involves nearly a one square block area, with an investment of nearly $1 million to renovate the building, built in the 1920’s.
The building, a block east of the Saginaw County Governmental Center, has been vacant some four years since the funeral home moved to a Saginaw Township location. The restoration is to start in September and be completed by December, 2019.