{"id":10,"date":"2012-02-06T23:40:08","date_gmt":"2012-02-06T23:40:08","guid":{"rendered":"https:\/\/commercetowneplace.com\/?page_id=10"},"modified":"2012-03-22T21:12:04","modified_gmt":"2012-03-22T21:12:04","slug":"news","status":"publish","type":"page","link":"https:\/\/commercetowneplace.com\/news\/","title":{"rendered":"News"},"content":{"rendered":"

Commerce DDA taps Insite to help market property<\/h4>\n

December 14, 2011
\nBy: Angela Niemi<\/p>\n

For the past month, cars have been traversing the M-5 roundabout and cruising along Martin Parkway, which means the Commerce Township Downtown Development Authority (DDA)-owned land along the parkway is primed for development to begin.<\/p>\n

One way the DDA\u2019s marketing committee is looking to spur retailers to come into the area is through the hiring of Insite Commercial, a metro Detroit area commercial real estate company that will help market the DDA\u2019s property. Insite was one of eight firms that were interviewed for the job based on multiple reasons.<\/p>\n

Insite has been retained under a 24-month agreement and will be paid on a sliding scale based on commission.<\/p>\n

\u201cWe would be dealing with the president of the company, who is a local person and who has knowledge of the DDA area,\u201d said Kathleen Jackson, the township\u2019s planner who also is the director of the Commerce DDA. \u201cWe just felt it was the best match.\u201d<\/p>\n

The DDA has been busy putting out feelers to both national and local retailers.<\/p>\n

Jackson said she is hoping to bring in a \u201cmix of uses\u201d into the DDA district, which includes property from two golf courses \u2014 the Links at Pinewood and El Dorado \u2014 that the DDA purchased several years ago. The former El Dorado course is located north of Pontiac Trail west of Haggerty Road, immediately adjacent to the M-5\/Pontiac Trail\/Martin Parkway roundabout site.<\/p>\n

\u201cWe\u2019re thinking that some portion may be residential with single-family homes or even multiple residences,\u201d she said. \u201cAnd then we anticipate the rest to be commercial (development) in the form of retail, restaurants, and hospitality. We\u2019re looking to add a type of senior facility and perhaps some type of sports venue such as an indoor hockey rink or indoor soccer facility.\u201d<\/p>\n

Of the 350 acres of DDA-owned land in the district, only about 220 acres are available for development due to wetlands and paths.<\/h5>\n

Full Article<\/span><\/a><\/strong><\/h5>\n","protected":false},"excerpt":{"rendered":"

Commerce DDA taps Insite to help market property December 14, 2011 By: Angela Niemi For the past month, cars have been traversing the M-5 roundabout and cruising along Martin Parkway, which means the Commerce Township Downtown Development Authority (DDA)-owned land along the parkway is primed for development to begin. One way the DDA\u2019s marketing committee […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":5,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"\nNews - Commerce Towne Place<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/commercetowneplace.com\/news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News - Commerce Towne Place\" \/>\n<meta property=\"og:description\" content=\"Commerce DDA taps Insite to help market property December 14, 2011 By: Angela Niemi For the past month, cars have been traversing the M-5 roundabout and cruising along Martin Parkway, which means the Commerce Township Downtown Development Authority (DDA)-owned land along the parkway is primed for development to begin. 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