Old Town Saginaw gets renovation - WNEM TV 5

Old Town Saginaw gets renovation

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SAGINAW, MI (WNEM) -

A local downtown continues to grow and now TV5 is learning about new developments coming to the area.

It's not just new businesses that will be moving into downtown Saginaw, crews are working on new living space too.

Much of the development taking place downtown and in Old Town has been done by investors with some personal connection to the area, but some local business owners said when investors start spending money that is a sign things are really starting to turn around. 

"There seems to be a lot of interest around here," said Ruth Berkobien.

Berkobien has owned Little House Antiques on Court Street for the past 30 years and she never has seen so much investor interest in Old Town.

"It seemed like it snowballed after one person invested in the area. Then more people became interested," she said.

More and more people have become interested. Over the past two years alone several major renovation projects have been completed, announced or begun, like the Strouse Hamilton Apartments on Hamilton Street. Down the block, Jake's Old City Grille has been renovated and outdoor seating has been added. Above Jake's developer John Hall is building luxury condos. Sam Shaheen announced he plans to build a high rise apartment building and not to mention Hamilton Street itself has been repaved.

Three buildings at Court and Michigan look to be the next major project in the works, according to city officials. A developer out of Ann Arbor has plans to build apartment units in a high rise above Little House Antiques.

Berkobien, who said business has taken a hit during recent construction of Hamilton Street, hopes these developments will help business pick back up.

"We can stand a lot more foot traffic down here and when it does happen it will be a huge help to us," she said.

At this week's city council meeting officials unanimously approved a program that would freeze the taxable value of the properties for the next 12 years.

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