A new renovation project at 711 Franklin St. in Michigan City will link commercial and retail space to a proposed city plaza.
The spot will include first-floor spaces to lease. The spaces will range in size from 860 to 1,800 square feet. They will face an area with space for public gatherings, concerts, festivals and shows.
“The plaza will create a space for friends and families to create memories,” said Nazar Kryvko, building owner, in a press release. “With the progress happening in Michigan City, we feel such a spot is a vital and important piece of the puzzle for the future growth of the downtown area.”
The project includes a renovation of the spaces, including work on water and sewage, electric components, roofing, windows, HVAC and wood façade. Plans include individual glass overhead garage doors that open onto a patio or deck for the upper units.
“It is always a milestone when old buildings are given new life and an updated purpose for our city’s future path,” said Clarence Hulse, Economic Development Corp. Michigan City executive director.
Hulse said the development of additional options for commercial space in the downtown area is exciting.
“A plaza and commercial offerings provide another avenue to put our city on the map and propel momentum,” Michigan City Mayor Angie Nelson Deuitch said.
Kryvko envisions the development bolstering business opportunities downtown. He is behind additional developments, including the former Red Head Building, 4411 Inn & Suites, long-term rental properties and the Beachwood subdivision.
“We have been investing in Michigan City since 2012 when we first came here and fell in love with this beautiful city,” Kryvko said. “We knew from day one that this city has a blend of unique factors and will prosper to be one of the best destinations to live or enjoy in Northwest Indiana.”
