The developer, Iron Ridge Holdings LLC, which is registered to Gregory Cooksey, plans new construction as well as the rehab of existing buildings on the site totaling about 225,000 square feet of space.

All told, the project is expected to include market space; a biergarten; a brewery; office, retail and fitness space; a fire suppression company; and 75 residential units, according to an MSF board memo.

Iron Ridge Holdings is contributing nearly 32 percent in equity to the project, the MSF memo says.

A Pleasant Ridge City Commission packet says Iron Ridge Holdings is a joint venture between Royal Oak-based CG Emerson Real Estate Group, Bloomfield Hills-based Milford Singer & Co. and West Bloomfield Township-based First Holding Management Co. Those three companies have 3 million square feet of commercial space and 2,000-plus residential units under management, the packet says.