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Alpena approves economic development agreement for Gardens of Alpena senior living project with financing proof requirement
Summary
Council approved an economic development agreement among the US‑23 North Corridor Improvement Authority, the city and Gardens of Alpena LLC to support a senior living project estimated at more than $47 million and added language requiring a construction lender commitment letter before tree clearing.
The Alpena City Council approved an economic development agreement to support the Gardens of Alpena senior living development and added a requirement that the developer deliver proof of construction financing before beginning tree clearing on the site.
City Manager Rachel Smolinski told council the US 23 North Corridor Improvement Authority (CIA) had created the development area and that the authority had approved the same agreement on Oct. 14. The project is described in the agreement as a senior living center with…
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