[CPEO-BIF] Northville (MI) Psychiatric Hospital developer

[Lenny Siegel <lsiegel@cpeo.org>]

'No' means 'yes' to builder
He insists $800-million project will go forward


BY CECIL ANGEL
DETROIT FREE PRESS
April 30, 2007


A partner behind a proposed $800-million mixed-use development on the 
site of the former Northville Psychiatric Hospital says that it will be 
built despite being rejected by various township boards.

"We're going to develop this property," said Robert Schostak, president 
of Schostak Brothers & Co.

Schostak Brothers is in a joint venture with Real Estate Interests Inc. 
(REIS) to develop the property.

Schostak said REIS has spent millions so far and has made compromises to 
try to build the project, named Highwood. REIS purchased the property 
from the state for $31.5 million in 2005.

...

For the entire article, see
http://www.freep.com/apps/pbcs.dll/article?AID=/20070430/NEWS02/704300406&imw=Y

--


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org


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