[4] In 1986, the city of Ypsilanti acquired the land with intent to restore it or convert the facilities for other usage, but the projects never materialized before it was decided to demolish the remaining structures.

The only remaining remnant of this paper mill is the original chimney that now stands in the courtyard of the apartment complex.

The surrounding area has been reorganized as Peninsular Park and is a popular destination for picnickers and shore fishermen.

[5] The dam is directly across North Huron River Drive from the main campus of Eastern Michigan University.

In September 2018, the city of Ypsilanti and the Huron River Watershed Council conducted a report to assess the feasibility of removing the Peninsular Dam and remaining structures.

Excluding the building, the cost of repair was $585,000, most of which could be funded by a grant from the Michigan Department of Environment, Great Lakes and Energy (EGLE).

A 2018 feasibility study, commissioned by the city and the Huron River Watershed Council, estimated the cost of removing the dam at $2.7 million.