LANSING — The Michigan Land Bank Fast Track Authority this week said it received no proposals to develop 14 vacant Woodland Trails Condominiums lots on North Gould Street in Owosso.
“The Michigan Land Bank did not receive any responses to the (Request for Proposals) for Woodland Trails,” said Gabby Abel, communications manager for the Michigan Land Bank Fast Track Authority. “We will continue to work with local officials and stakeholders to find the best solution to move forward with development of this property.”
The Woodland Trails Condominiums project began in 2004 with 44 lots for condominiums. Twenty-six lots were eventually developed.
According to city council information from 2013, three lots were sold at a tax auction: one for $200, one at $400 and a third at $100. The remaining lots all went unsold.
Then-Owosso City Manager Don Crawford recommended at the time that the city object to the transfer of the parcels from the state to the city because of potential costs involved. The council accepted the recommendation, which resulted in the land bank obtaining the parcels.
The vacant lots were conveyed to the Michigan Land Bank in 2016.
A photo provided by the state shows 14 vacant lots under the RFP. It also shows four other lots that are undeveloped.
The Michigan Land Bank was seeking proposals from developers interested in building condominiums on the 14 properties. The deadline was April 18.