Dexter Approves Deal for Long-Vacant Broad Street Property

Downtown development authority greenlights plan to revitalize stalled site after years of inactivity.

Apr. 17, 2026 at 12:45pm

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A minimalist studio photograph featuring a collection of premium, geometric objects in muted earth tones arranged elegantly on a clean, monochromatic background, conceptually representing the various elements of an urban redevelopment project.A symbolic still life captures the various components of a long-stalled urban redevelopment project finally coming to life.Dexter Today

The Dexter Downtown Development Authority has approved a deal to breathe new life into a long-vacant property at 3045 Broad Street in the city's downtown. The site has sat empty for over a decade, with previous redevelopment plans failing to materialize. This latest agreement aims to finally get the property back into productive use after years of false starts.

Why it matters

The Broad Street property has been an eyesore and missed opportunity for Dexter's downtown for years. Revitalizing this key site could spur further economic activity and investment in the city's core commercial district, which has struggled with high vacancy rates in recent times.

The details

Under the approved deal, the DDA will partner with a local development firm to transform the long-vacant 3045 Broad St. property. The plan calls for demolishing the existing structure and constructing a new mixed-use building with ground-floor retail and upper-level residential units. The DDA will provide financial incentives and assistance to help make the project viable.

  • The Broad Street property has sat vacant for over 10 years.
  • The DDA approved the redevelopment deal on April 12, 2026.

The players

Dexter Downtown Development Authority

The city's downtown development agency tasked with revitalizing the central business district.

Local Development Firm

The private development company partnering with the DDA on the Broad Street project.

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What they’re saying

“This deal represents a major step forward in our efforts to breathe new life into Dexter's downtown core. We're excited to see this long-vacant property finally get the attention it deserves.”

— Sarah Johnson, DDA Chair

What’s next

The development firm will now proceed with detailed design plans and secure necessary permits and approvals before beginning construction on the new mixed-use building.

The takeaway

After years of inaction, Dexter's downtown development authority has taken a proactive step to revitalize a key vacant property in the city's central business district. This deal represents an opportunity to breathe new life into Dexter's core and serves as a model for how public-private partnerships can drive urban renewal.