The Packard Row project seeks to redevelop a former grocery store from the 1950's into a neighborhood mixed-use development. The new building will feature 72 apartment units and 3,720 square feet of commercial space, with rooftop solar panels, EV charging stations, 24/7 fitness center, and dedicated bike parking. Packard Row began construction in 2023 for an early 2025 opening.
| Investment | Development |
| Asset Class | Multi-Family |
| Status | Construction |
| Market | Ann Arbor, MI |
| Construction | 2024 |
| Units | 72 |
| Square Feet | 59,325 |
Ryan Tobias, Managing Partner
Ryan is a Managing Partner of Jackson Dearborn Partners. He oversees all elements of the JDP business including acquisitions, site selection, fundraising, and investor relations. With 16 years experience, Ryan has worked on over $1 billion in transactional real estate and has developed or acquired over $200 million in student housing and multi-family real estate. Read more
Prior to founding Jackson Dearborn Partners, Ryan worked at brokerage firms Marcus and Millichap and Newmark Knight Frank before starting Triad Real Estate Partners in 2010. Triad is a leading broker of student housing and multi-family in the Midwest completing nearly $1.6 billion in sales since inception. Following the success of Triad, he launched JDP with Shaun Buss and Sean Lyons in 2014 with the goal of building out a vertically integrated real estate investment portfolio.
Ryan is a graduate of the University of Michigan and after a decade in Chicago, moved back to Ann Arbor where he now resides with his wife Brittany and their two children.