Lockwood Breaks Ground on $45M Community in Ann Arbor, Michigan

by Jeff Shaw

ANN ARBOR, Mich. — Lockwood Cos. has broken ground on Lockwood of Ann Arbor, a 154-unit seniors housing community in Ann Arbor.

The three-story, 168,130-square-foot building includes 65 units dedicated as affordable housing. Development costs were estimated at $45 million.

Rents will range from $864 for a one-bedroom apartment to $2,750 for a two-bedroom apartment.

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