CAR presented Brad Rosely, Dave Levitt and George Calder with its 2004 Transaction of the Year Award for the work they did to make the new Mid Towne Village a viable project.
The biggest part of that effort was purchasing 46 properties on a six-acre parcel just north of
Rosely, Levitt and Calder are with S.J. Wisinski & Co., the region’s largest commercial real estate brokerage house.
“This team has worked hard to set a standard that will make the city proud. We are pleased and honored to be recognized by the Commercial Alliance of Realtors as well for this innovative project,” said Rosely, a vice president with S.J. Wisinski, in a statement.
The prestigious CAR award is given to individuals or groups for projects or transactions that benefit the community, involve multiple offers, engage multiple brokers, require creative financing and incorporate innovative design and architecture.
The CAR selection committee cited the extraordinary effort that went into putting this complex development together, which involved unusual financing, tax credit agreements, and being the first project to be approved under the city’s new Planned Use Redevelopment ordinance.
The development will also offer 15,000 square feet of open space where summer concerts and other activities will be held.
In addition to the trio at Wisinski & Co., Cornerstone Architects, National City Bank, Pioneer Construction, Van Tol, Magennis & Lang, and Driesenga & Associates also contributed to make the development happen.
Demolition work began last summer and groundbreaking for the first phase will take place this spring.