Disappointing that the building couldn’t be saved and repurposed into residential I know it’s difficult to convert these suburban style high-rises. Considering it was built in 1990 I would have imagined it would have been a bit easier perhaps its location has something to do with it.
That stretch of the Southfield Freeway is made up of buildings that are part of Fords greater campus and has been struggling a bit as Fairlane has run into issues and Ford rearranges its post Covid office footprint. Maybe if this was in Troy or Southfield a residential conversion would have made more sense financially.
Former Ford office building in Dearborn being torn down
Quote:
Demolition is underway at the 670,000-square-foot office building at 16800 Executive Plaza Drive. Its owner, Mike Shehadi, CEO of Farmington Hills-based pharmacy company PharmaScript, said Thursday that work to raze the building began a few days ago.
“We're excited that it's coming down because we tried every possible way to see if we could convert it to residential and unfortunately, the cost, the numbers didn't add up,” he said.
Shehadi, a real estate developer, says he plans a mixed-use redevelopment at the nearly 57-acre site, which includes land he previously owned. The development will feature townhouses and national commercial tenants. He declined to name those tenants.
The estimated cost for the project will be at least $50 million, he said.
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https://www.detroitnews.com/story/bu...n/71606246007/
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