Development - Detroit
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Adaptive Reuse Sparks Opportunity in Detroit
Developers and investors showed attendees at the 2018 ULI Spring Meeting how they are converting vacant or obsolete properties into new uses to spur further investment in the city.
04 May 2018 15:19 -
Historic Lafayette Park’s First Luxury Community in 40 Years
DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit
04 October 2017 15:21 -
The Senior Housing Boom’s Ripple Effect
Assisted living occupancy fell to its lowest in eight years, despite record absorption, according to NIC’s 2017 second quarter report. San Jose had the highest occupancy, while Detroit recorded the biggest rent growth.
15 August 2017 19:31 -
Midtown Detroit Gets New Mixed-Income Community
Nonprofits Develop Detroit and Preservation of Affordable Housing partnered for the $32 million development that will also include retail space. Project design will be led by Phil Freelon, design director at Perkins+Will.
26 June 2017 16:59 -
248-Unit Community Breaks Ground in Grand Rapids
Springs at Knapp’s Crossing is located along a retail corridor.
20 March 2017 18:16 -
Davenport University Investing $6M in New Dorm
The two new buildings at Panther Ridge will be completed by fall, bringing the university’s total residential capacity to 932 beds.
16 March 2017 17:08 -
Downtown Detroit’s First New Residential Project in 25 Years Opens
FOURMIDABLE has been named the property manager for the $24 million community.
21 February 2017 16:27 -
Detroit High-End Mixed-Use Development Opens
Broder & Sachse Real Estate and Woodborn Partners are calling the property "something totally new" for the city.
29 December 2016 14:58 -
218 Micro-Lofts Coming to Downtown Detroit
The 28 Grand mixed-use development is scheduled for completion in the summer of 2017.
14 November 2016 12:21 -
Luxury Student Housing Project in Allendale Gets $21M Loan
Leasing is already open for the two- and four-bedroom units available in the fall of 2017.
02 November 2016 14:37 -
Moceri Tees Up $300M Golf Community in Detroit Suburb
Catering to the 55-and-up market, the Verandas project in Sterling Heights, Mich., will incorporate the redesigned Maple Lane Golf Club.
12 October 2016 19:35 -
Develop Detroit Launches First Communities
The non-profit development firm has acquired two multifamily buildings in Detroit’s New Center area, which it plans to renovate and expand.
30 September 2016 16:44 -
City of Detroit Replaces Wigle Rec Center with Residential Units
The redevelopment of two key city-owned parcels will bring 200 new residential units to Midtown Detroit, including affordable apartments.
29 September 2016 12:43 -
UnitedHealthcare Bets $17M on Affordable Housing
Two new developments will provide housing and support services for low- and moderate-income individuals, families and veterans in Michigan.
05 August 2016 12:36 -
The Fitzgerald Project, Detroit’s Premiere in Urban Development
The Fitzgerald Revitalization Project focuses on 100 vacant buildings and 257 empty lots that will be converted to productive landscapes.
13 July 2016 11:54