Saturday, February 11, 2023

Downtown Lakewood back to drawing board

Called ‘Building A’ in the Downtown Lakewood redevelopment site
plans, this proposed four-story building at Detroit and Belle avenues
would have housed the offices of Roundstone Insurance. But after
two years of seemingly endless civic deliberations around the project,
the fast-growing insurance company has decided to not only leave the
project but leave the city. That has put the project back on the drawing
board, including to turn this structure into a five-story apartment
building (Dimit). CLICK IMAGES TO ENLARGE THEM

After two years of seemingly endless meetings surrounding the redevelopment of Lakewood’s former hospital site, Roundstone Insurance has not only left the development project but decided to leave the inner-ring suburb entirely. Currently located in the former First Church of Christ Scientist, 15422 Detroit Ave., the headquarters of this fast-growing insurance firm with up to 240 employees and $17.5 million in annual payroll is due to leave Lakewood in April 2024, according to Mayor Meghan George’s administration.

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