Report: New Proposal for West Dearborn?
Monday, July 19th, 2010
It appears the 'dream' may not be over.
It appears “The Dream” isn’t over after all, which could be good news for downtown west Dearborn.
In an article in Sunday’s Dearborn Times Herald, reporter J. Patrick Pepper reports that Hakim Fakhoury has a new proposal for a west downtown development on city-owned land.
According to the paper, the proposed plan was submitted to the city in February. Preliminary rough plans call for a four-story, 160-unit complex comprising residential and commercial components with an estimated development cost of $31 million. The paper reports that Fakhoury’s potential partner in the enterprise is developer Jeff Helminski of Moravian Companies.
As for the demolition of several eyesore buildings owned by Fakhoury, the Times-Herald reports that city officials agreed to halt demolition proceedings on the former Giuliano’s restaurant, Brother’s Tuxedo and Bally’s Vic Tanny. In exchange for the delay, some aesthetic work would be conducted on the buildings, including “power washing, construction material cleanup and covering the windows with opaque film,” the paper reports.
And those signs that proclaimed “The Dream is Over – For Sale”? The city required Fakhoury remove them as part of the agreement. The signs, the Times-Herald says, were a “public proclamation” of Fakhoury’s frustration with city officials.
You can read the complete Times-Herald story HERE.








