Council approves brownfield plan to build 111 townhomes at 15625 Lundy Parkway

The Dearborn City Council on April 14 approved a brownfield plan and reimbursement agreement to redevelop 15625 Lundy Parkway into 111 townhomes.

City staff said the plan will support more than $31 million in private investment and requests tax-increment financing over a 28-year term to reimburse eligible development expenses. The plan, approved by the Dearborn Brownfield Redevelopment Authority in January 2026, includes a developer commitment to convert 49% of units from rental to owner-occupied beginning in year 18 of the incentive period and to manage a homeowners association and property maintenance after reimbursement ends.

Why it matters: Council members said the project would add needed housing and strengthen the tax base, but some members pressed developers on project risk and delivery timelines. One council member described the project as “quite a risky project” in its pro forma but welcomed the local developer’s track record in nearby developments.

The developer (present at the meeting) summarized timelines and financing and said leasing will begin as units are completed with an anticipated finish by 2028. The city’s presentation cited an expected $5,678,332 in revenue to the city during the incentive period, not counting economic impacts from new residents.

Council discussion covered oversight, project delivery, and local developer engagement. Council members praised the applicant’s local ties and said city planning and economic-development staff had refined the proposal after earlier study-session feedback. After debate and questions, the council voted unanimously to authorize the brownfield plan and execute the reimbursement agreement.

What happens next: With council approval the developer may proceed toward permitting and construction; the project team said it expects to break ground this year and complete the development by 2028.