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Downtown Project Adds to the Cool Factor
September 30,
2004
MRW, LLC invested $500,000
in a renovation project to house the Glen Rowan Estate Coffee Shop and
Salzburg Winery in Downtown Saginaw.
Downtown Saginaw has a new coffee shop and soon a new
winery and loft apartments. MRW LLC, a local developer, invested
$500,000 in the 212 and 214 Federal St. buildings to house the
businesses and apartments. Access to the businesses is on S. Washington
Ave. next to Wally’s Old Fashioned Sandwhich Shop.
The project was selected as one of
two
cool city projects for Downtown
Saginaw. MRW received a $50,000 accelerator grant from the state of
Michigan to help complete the project. SFI administered the state grant
and the project will create three new jobs
The 3,000 sq. ft. lower floor is home to the Glen
Rowan Estate Coffee Shop and the Salzburg Winery. The top floor, also
3,000 sq. ft., will be divided into three loft apartments ranging from
800 sq. ft. to 1,200 sq. ft. The MRW and
AKT Peerless projects plan to target
young professionals who work in the medical and business services field.
Downtown Saginaw is home to a number of medical and business services
companies. College students seeking alternative housing will also be
targeted.
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