415 W. Washington is located along the southside of W. Washington Street between S. 1st and 3rd Streets in Ann Arbor. Portions of the eastern edge of the property sit within the floodway, while the remaining property is in the floodplain. The property is currently occupied by a parking lot and U-shaped buildings. Portions of the buildings are used to store City of Ann Arbor and Republic Parking Services (RPS) materials and equipment and may have sub-surface environmental concerns. The buildings have been approved for demolition except for the existing Chimney which currently serves as habitat for a threatened bird species known as chimney swift. The remaining site is currently managed by the DDA as a paid surface parking lot. Key adjacent uses include the YMCA to the north, the old west side historic district to the west, a growing creative and entertainment district to the east, and an existing heavy rail line that parallels the preferred path of the treeline greenway trail. The site is currently master planned as D2 zoning which allows approximately 5 stories and 200% Floor Area Ration. Because the site sits within the floodplain and is adjacent to a railroad track, state and federal subsidies for affordable housing are very unlikely on this site.
The City is considering the following objectives for redeveloping 415 W. Washington