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Oakland County says Pontiac redevelopment project is on schedule and under budget
Summary
County finance staff told commissioners the Pontiac redevelopment project is on track, with bond financing secured and curtain‑wall glass going up; county officials said vertical construction and parking structures should be ready for occupancy planning by end of 2027.
Oakland County finance staff reported to the Board of Commissioners that the Pontiac redevelopment project is progressing on schedule and is currently under budget.
A county financial consultant (Mr. Lefler) said the county has secured financings to cover construction draws and will begin shifting draw activity to bond proceeds as project‑level financings close. He noted a new…
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