Tuesday, November 8, 2011
Bay City announces "historic" investment at Uptown at RiversEdge site
A $25 million development at Bay City's Uptown at RiversEdge site is expected to bring 440 full-time jobs to the area. At tonight's Bay City Commission meeting, commissioners approved the purchase agreement between the city and SSP Associates, the investment group run by Dr. Samuel Shaheen. SSP Associates plans to initially construct 100,000-square feet of building space that will house residential, retail and restaurants at the 40-acre site along the Saginaw River. The project is expected to be an extension of downtown and the Columbus Avenue business district.
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