f . f f Fall 2014 - 5F The Michigan Daily- michigandaily.com Tech companies could spur rebirth of E. Liberty St. By K.C. WASSMAN Daily News Editor DEC. 4, 2013 - The lights from the Michigan Theater have shone for more than 80 years, but its constant presence has been the exception rather than the rule for businesses on East Liberty Street. In recent years the street has seen a shuffle of businesses, most notably the closure of the flagship Borders bookstore in 2011. But the transformation of the Borders space was one of many over the course of the street's history. Before Borders, Jacobson's department store occupied the space on the corner of East Lib- erty and Maynard Street, until it moved to Briarwood Mall in the 80s. When Susan Pollay, execu- tive director of the Downtown experience and, like Jacobson's storefront turnover in the past Development Authority, first before it, Borders had an enor- few years. Some spaces, such as moved to Ann Arbor in 1983 she mous advertising budget and an the former @Burger and Grand could buy everything she need- enormous ability to pull in those Traverse Pie Company space, ed to live downtown, noting the name authors," Pollay said. saw two businesses come and multiple clothing, food and ser- "These huge names came to do go within nearly four years - vice stores each restau- that existed rant stayed in the area, "ITdon' n w thatw allfin business including I fli t knOW we for less than a Jacobson's. *eyear. She added understand just how fragile it is to Pollay that you still ha ea b sn s > cited the can find a have an independent business Borders o- wide vari- sure, the ety of shops struggling downtown, economy and but East Liberty in particular book readings and from that an increase in outlet and online has given way to coffee shops again businesses nearby thrived shopping as the causes of the and restaurants. because they sat off of the Bor- turnover on the street, adding While Jacobson's gave shop- ders space." that Ann Arbor isn't as insulated pers a reason to go downtown, Borders declared bankruptcy from the struggling economy as Pollay said Borders provided an and left the street temporar- people think. anchor for local businesses. ily vacant, but it wasn't alone: "I think things were pretty "It became its own kind of East Liberty has seen a lot of fragile here for a while, and I don't know that we all under- stand just how fragile it is to have an independent business," Pollay said. Though there are still a few empty storefronts, Pollay said she sees the street growing and evolving to support a different clientele than in the past: tech workers. Two tech companies, Menlo Innovations and Barra- cuda Networks, relocated to the East Liberty corridor in the past twoyears, which Pollay said will bring a more stable customer base than that of students, who aren't in the city year-round and don't necessarily venture down the street. "The neighborhood is going to change because the new economy fortunately includes a lot of folks who are doing very well in tech businesses and those employees are now spend- ing their money locally in that neighborhood," Pollay said. Anna Flynn of Menlo Inno- vations said though they have only been in their East Liberty location for about a year and a half, employees enjoy being close to all the shops and res- taurants that State Street, Main Street and East Liberty have to offer. Flynn added that they are excited for the new businesses moving into the former Borders building. "We love being downtown and close to everything and see- ing Liberty grow and change," Flynn said. "I think that East Liberty is in the middle of town, but it's not on Main Street or on State Street so you can get the best of both worlds." Read the rest of this story, and more, at MichiganDailycom - -- - --- -- -.1 ---- - - --- - -- - - - Q .. ' BEST OF ANN ARBOR