Spark to locate at Smith Furniture Building

January 7, 2008 by  
Filed under News

(January 6, 2008) The Smith Furniture building at 15 South Washington in Downtown Ypsilanti is the likely new home for Spark East according to sources at the County knowledgeable about the transaction.

Spark East is the start-up business incubator proposed by Ann Arbor Spark. The Ann Arbor/Ypsilanti LDFA, U-M, EMU, and Washtenaw County are all major partners in Spark. The building will likely be home to 10 to 15 start-up companies which generally would reside for up to two years before moving into a larger space.

The building was put up for sale in January 2007 for $1.6 million but received only a handful of inquiries. Spark is leasing rather than purchasing the 28,000 sf building. Details of the lease agreement have not been finalized however the “for sale” has been removed from the property.

Comments

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!