Urban Land Institute to unveil surplus school properties to developers on March 24

The Urban Land Institute Detroit District Council, in partnership with SEMCOG and the Michigan Suburbs Alliance, is hosting its first annual Metro Marketplace at Oakland University from 7:30 a.m. to 12:30 p.m. Wednesday March 24. The program is extensive, but two highlights include a keynote address from Chris Ronayne, president of University Circle, Inc. -- Cleveland's fastest growing employment center -- and an hour-and-a-half of deal making that will enable municipalities, schools and nonprofits to showcase available properties to investors and developers. Detroit Public Schools' surplus sites will be unveiled at this time in the hopes of attracting serious inquiries.

The schedule kicks off at 7:30 a.m. with registration and breakfast and Ronayne will speak at 8:30 a.m. From 9-9:40 a.m. there will be a panel discussion regarding the public sector, with participants from Wayne State University; the cities of Warren, Romulus and Detroit; the University Cultural Center Association; and SEMCOG. A private sector panel discussion will follow, with representatives from for-profit developers of various sizes. The third and final panel discussion is on finance and will include bankers, foundation representatives and land bank interests.

The event takes place at The Oakland Center in Rochester and costs $40 for ULI members and members of the public sector, $75 for non-members from the private sector; or $20 for students. More information and registration at http://detroit.uli.org.

Source: ULI
Writer: Kelli B. Kavanaugh

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