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Opportunity Zone Highlights: Ann Arbor, MI

February 27, 2020 Regional Updates
Ann Arbor street map with pin point
Photo courtesy of Destination Ann Arbor.
Photo courtesy of Destination Ann Arbor.

The Ann Arbor region is home to the University of Michigan and hosts a multitude of businesses ranging from startups to national headquarters, including Domino’s. The vibrant downtown region has much to explore in the way of events, locally-owned shops, and culinary delights – such as Zingerman’s Delicatessen.

The entire region is known globally as a hub of high-tech companies. Top talent is drawn to the region, consisting of Washtenaw and Livingston counties, which has a population of 562,000. Ann Arbor continuously receives accolades, such as the #1 Best Place to Live, #1 Best College Town & Cities in America, and Top New Tech Hub. The region’s affordability index as compared with other high-tech destinations, as well as a broad range of support services, drive business formation and growth.

Within the region, major sectors in auto, mobility, information technology, life science, and healthcare continue to grow. High quality of life continues to draw companies in addition to the infrastructure, talent, and resources available from the University of Michigan and Eastern Michigan University.

Learn more about Opportunity Zones in Washtenaw and Livingston Counties.

Featured Opportunity Zone: Research Park Drive

Location: Ann Arbor, MI
Description: Office/Research Park
Facility 1: Teardown and Build-to-Suit
3874 Research Park Dr.

Existing building features:

  • 79,000 Square Feet
  • 16′ Height
  • Overhead door can be added
Facility 2: Owner Willing to Update
3885 Research Park Dr.

Built in 1985, recent facility updates include a remodeled façade and a new parking lot. The owner will complete a remodeling under with lease including new roof, HVAC units, and fire protection system and provide generous tenant improvement allowance with a lease. Light industrial permitted.

  • 14,547 – 31,508 square feet of office and hi-tech space
  • 16’ clear height
  • (4) 12×14 grade level doors
Key Assets:
  • Proximity to I-94 and US 23
  • The University of Michigan and Eastern Michigan University
  • Fewer than five miles from downtown Ann Arbor
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