3/22/23 Eagle

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Adult Piano Class For active retirees who have always wanted to play the piano! 10 WEEK BEGINNER CLASS

candgnews.com MARCH 22, 2023 Vol. 17, No. 31

$99

Includes a free loaner instrument!

SPOTLIGHT ON HEALTH/??A

MOMS ADVOCATE FOR CLEANER AIR

A $300 value for all new students!

MUSIC

BLOOMFIELD 248.334.0566 SHELBY 586.726.6570

ENROLL TODAY! Class size is limited

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Bloomfield Hills Schools drafts recreation plan on potential Johnson Nature Center growth

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A real estate expert said during a presentation that the market is doing fine from the perspective of a homeowner. Photo by Patricia O’Blenes

2/23/22 2:26 PM

BY MARY GENSON mgenson@candgnews.com

senior counsel at Clark Hill. Todd Szymczak, the senior vice president of investment sales for Farbman Group, presented what people have seen, what they are seeing now, and what they can expect to see in retail, office space, multifamily and industrial real estate. Dan Elsea, the owner of Real Estate One, presented reports, trends and predictions on residential real estate.

BLOOMFIELD HILLS — With an opportunity to acquire land to grow the Johnson Nature Center, Bloomfield Hills Schools is building a draft recreation master plan and asking for the community’s input. Leading up to a public hearing March 23, BHS gave a 30-day review period for the plan. The sense of urgency for this master plan comes from an opportunity to improve the Johnson Nature Center. On the northwest end of the Johnson Nature Center, there is a 3.76-acre parcel of land available for purchase at 3115 Franklin Road in Bloomfield Township. It is currently listed at $1.2 million. In order to purchase this land, BHS is applying to the DNR Land Trust Fund Grant program, which is due by April 1. However, in order to be eligible for this grant, BHS needs a DNR-approved five-year recreation plan. In 2002, BHS received funding through this grant program to construct the current Nature Center Visitor Center. It is projected that $15 million-$20 million will be available in grant funds this year. “Adding 4 acres to what is the nature center in this community will be a benefit not just for the students in

See REAL ESTATE on page 24A

See RECREATION on page 4A

Experts talk housing, office/retail/ industrial real estate forecast

‘THE MARKET WE ARE GOING THROUGH NOW IS 2008 WITHOUT THE FORECLOSURES’

3.9% APR Financing up to 48 mo* 2023 Outback or 2023 Ascent 2023 Subaru Outback

2023 Subaru Ascent

*Manufacturer Offer. No down payment required. Financing for well-qualified applicants only. Length of contract is limited. Subject to credit approval, vehicle insurance approval and vehicle availability. From dealer stock by 3/31/23 0199-2310

BIRMINGHAM — The Birmingham Bloomfield Chamber of Commerce gathered at the Village Club for the Real Estate Forecast Breakfast March 9. The BBCC hosted two experts who spoke on different areas of the real estate market, moderated by Michael Vogt,

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BY MARY GENSON mgenson@candgnews.com


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