Project Updates – Newmarket Commons I and II (501 Columbus Avenue)
Following are periodic updates about the progress for development of affordable housing at 501 Columbus Ave, the “working name” of the development. The development site consists of the former Bay County Market parcel and the former YMCA building.
| 2026.06.18 | Newmarket Commons I, Bay City – Credit Award: $1,650,000 Sponsored by MHT Housing Inc. and the Bay City Housing Commission, this development will create 60 affordable units for households earning up to 60% AMI. All units will receive Section 8 rental assistance. The project is expected to create 75 temporary jobs and two permanent positions.
Newmarket Commons II, Bay City – Credit Award: $1,650,000 The second phase of the New Market Commons initiative will add 60 affordable apartments for households earning up to 60% AMI. All units will receive Section 8 rental assistance. The project is expected to create approximately 75 temporary jobs and two permanent positions. |
| 2026.02.25 | Newmarket Commons Site Plan Zoning Map-Site Plan
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| 2026.02.25 | Planning Commission Approved New Site Plan for Newmarket Commons |
| 2025.11.03 | Demolition of the buildings
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| 2025.10.31 | Environmental Abatement work has begun onsite.
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| 2025.08.27 | BCHC and MHT Housing Inc partner to develop affordable housing Columbus Ave |