Construction begins again on Ypsilanti's Thompson Block

Concentrate, 9/3/2009

Work on the Thompson Block begins anew, thanks to some innovative thinking by its developer.

Excerpt:

Nothing impacts a development more than the vision of the developer. That's proving true in Ypsilanti, where local developer Stewart Beal is finding ways to make the Thompson Block become a reality.

The Thompson Block is a large, historic-yet-blighted building on the eastern edge of Depot Town. Beal, fast becoming one of the city's biggest property owners, has been pushing, pulling and dragging the development forward for a few years now. He has suffered some setbacks, including having to find new financing, but has persevered and now has a project under construction.

"We are just refusing to take part in the economic downturn," Beal says.

Read the rest of the story here.

Ypsilanti