FLINT TWP. — It’s been years since the township had a new housing development but one is now pending.
At its Monday meeting, the township board gave tentative approval to a purchase offer for 86.65 acres of vacant land on South Dyewood. The township acquired the land for free through tax reversion in 2011.
The purchase offer of $173,200 came from Pat Battaglia, of Holly, a seasoned developer who said his local resume includes developments in Fenton Township and Grand Blanc Township that were successfully completed just before the 2008 real estate market collapse.
Battaglia said he is proposing to use the land to build about 150 single-family site condominium homes. He estimated their value at $162,000 t0 $200,000.
He also wants to install sidewalks and agreed to use some of the common area to develop a township park.
Plans still are in the predevelopment phase which is why the contract language is vague, Battaglia said. He said he has ties to reputable builders and has yet to decide if he would resell the land to one or more builders.
Some board members wanted to hold off on accepting Battaglia’s offer to allow time to read the purchase agreement, which arrived a week ago, and also for attorneys to clean up some of the vague language.
Treasurer Lisa Anderson said some of her concern stemmed from failed developments such as one on Calkins Road that was never completed and eventually had to be torn down.
Battaglia said his family has been in the construction and development business for 70 years and has a good reputation
“I can give you references from here to Naples, Florida, “he said of his intent to follow through on development.
The board agreed to move forward with the offer and finalize it at its next meeting on July 24 after respective attorneys have ironed out the problem areas
Battaglia said he hoped the board would consider giving the supervisor permission to sign the purchase offer sooner if the details could be worked out.
Battaglia was most recently involved in a building project for the Genesee STEM Academy, a charter school at Dye and Calkins Road. He said he found the township to be a good steward and that motivated him to seek property here for redevelopment.
“I look at this as a partnership,” he said. “It will increase revenues for both of us – yours longer than mine.’
Trustee Frank Kasle said: “This is the kind of project we want to bring to the township. It could add substantially to our tax base.”
At one point circa 2014, the township listed the property with commercial realtor but ultimately decided to hang on to it.
Township Miller noted that the property was assessed back then with estimated value of $174,000 to $216,625, based on per acre costs ranging from $2,070 to $2,500.