The City of Warren has selected Flaherty & Collins Properties (F&C Properties) as the exclusive master developer of the new Warren Town Center. The proposed $170 million development project features an apartment complex, high-end hotel, retail and dining space and a full-service grocery store.
“This is an important first step in achieving the city’s goal of creating a downtown that will draw visitors and new high-end businesses to our city,” said Mayor Jim Fouts. “The downtown concept has been a vision for city leaders since the 1960’s.” The project will be a public/private partnership that will include the City of Warren, F&C Properties and General Motors.
“We are excited to partner with the City of Warren on this project, which will invigorate the downtown core of Warren,” says Brian Prince, vice president of development and lead project developer for F&C Properties. “The site is a great location and will be a real draw and economic stimulator for the area. The goal of this development is to create a Town Center that offers a high-end housing option that currently does not exist in Warren.”
General Motors currently has over 25,000 employees located at GM Global Tech Center across the street from the Warren Town Center development site. “This will truly be a ‘Live, Work, Play’ mixed-use development that will be a catalyst for future development in Warren, and make it an even more desired place to live,” said Prince. F&C Properties and the City of Warren will now negotiate a development agreement over the coming months, and pending city council approval, plan to break ground before the end of 2019.