Bachard Lofts Redevelopment
Troy
Description
Troy's first brownfield plan under the state's new housing program: the empty Media Genesis office building gets converted into 28 apartments (half income-restricted for 15 years) with retail, office, and tenant amenities including a pickleball court. Approved unanimously but contingent on state approvals — the developer has already applied for a building permit.
Impact summary
No city cash upfront — the developer gets about $1.1 million back through tax increment financing from the property value the project itself creates. Brings workforce housing and new life to a stretch of Maple Road that hasn't seen much residential investment.
Applicant
- Name
- Blackacre (developer); introduced by Mark Adams, Economic Development Manager
- Address
- 1441 East Maple Road, Troy, MichiganSee this on the map
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Recorded in the meeting · City Council
Last discussed Jun 29, 2026.
Meeting timeline (1)
Related issues (1)
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