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  #3021  
Old Posted Aug 27, 2015, 5:58 PM
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DMC news

Pediatrics tower to stand among best
http://www.detroitnews.com/story/bus...ower/32313431/
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  #3022  
Old Posted Aug 27, 2015, 11:06 PM
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Quote:
180 luxury condos with 40 boat slips planned for vacant east Detroit riverfront land
By KIRK PINHO. rain's Detroit Business. August 27th, 2015.



A development with 180 luxury condominiums along the east Detroit riverfront is planned now that the Detroit Police and Fire Retirement System has sold vacant land on East Jefferson Avenue for $2.3 million.

Shelby Township-based Shamrock Acquisition LLC purchased the land, which totals about 2.75 acres and had been planned to house a new headquarters for the retirement system before it moved into One Detroit Center.

Matthew Duffield, principal of Shamrock Acquisitions, said Thursday morning that the two-building high-rise development will also include underground parking, a rooftop pool and patio, and possibly about 40 boat slips.

The exact makeup of the development group is yet to be determined, he said, adding that he is in discussions with companies from Chicago and New York City. “We are interviewing the right development partners,” he said. “We are extremely excited.”

A construction time frame has not been determined, and Duffield declined to disclose expected development costs.

The land is just east of the River Towers high-rise apartment buildings with 472 units between Gabriel Richard Park to the west and Owen Park to the east.

....
http://www.crainsdetroit.com/article...t-east-detroit
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  #3023  
Old Posted Aug 27, 2015, 11:25 PM
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Quote:
Detroit’s Alger Theater Undergoing Renovations, Rooftop Deck Planned
BY ADRIENNE ROBERTS. DBusiness Daily News. August 27th, 2015.





The Alger Theater on Detroit’s east side is undergoing renovations to enhance the audiovisual system and restore the theater’s commercial space. Additionally, the Michigan Economic Development Corp. and the Friends of the Alger Theater are working to raise money to create a rooftop deck with a patio.

“This campaign will greatly accelerate our efforts and help us engage even more of the community in the transformation,” says Mike Gentile, vice president of Friends of the Alger Theater, a nonprofit dedicated to restoring and preserving the historic Art Deco theater.

The nearly 13,500-square-foot Alger Theater, built in 1935 and closed in 1984, just began showing movies earlier in the summer for the first time in 30 years. It has undergone renovations to repair the roof, remove asbestos, and install security doors.

The Friends of the Alger Theater have launched a crowdfunding campaign to raise money for continued renovation work. The nonprofit is working to raise funds for an audio-visual system that would provide the auditorium with equipment to show movies, present live music, and support community meetings. The goal of the campaign is $25,000 and the MEDC will match that amount.

The theater is located at 16451 East Warren Ave. [East English Village/Morningside]
http://www.dbusiness.com/daily-news/...-Deck-Planned/




https://www.patronicity.com/project/the_alger_theater#/
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  #3024  
Old Posted Aug 28, 2015, 1:08 AM
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Anyone know what this development is? I took this from Belle Isle the other day.

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  #3025  
Old Posted Aug 28, 2015, 4:43 PM
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Wow, I just read that Dan Gilbert just bought the Book Tower and has big plans for it!!!!! Finally!
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  #3026  
Old Posted Aug 28, 2015, 7:46 PM
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Yep. This really is great news for the city and the building as, so far, Gilbert has been getting buildings renovated and put back into use. That said, however, this will probably take the most work out of any of the projects Bedrock has bet on so far...especially if they plan on doing this and the David Stott concurrently. All the best to them!

Quote:

Gilbert purchases Book Tower, Book Building from Milan-based Akno Enterprises
Kirk Pinho | August 28, 2015

Dan Gilbert has purchased another 517,000 square feet of space in downtown Detroit by way of the historic Book Tower and Book Building, as well as a nearby two-story community center.

His Bedrock Real Estate Services LLC announced Friday that the buildings will be turned into “a game-changing, mixed-use development that will bring jobs, energy and new life to these properties while expanding revitalization efforts further west of Woodward Avenue to Washington Boulevard.”

The Book Tower at 1265 Washington is 241,000 square feet and the Book Building at 1249 Washington is 246,000 square feet. They were owned by Milan, Italy-based Akno Enterprises, which purchased them in 2006 for $4 million, according to CoStar Group Inc., a Washington, D.C.-based real estate information service.

The sale price for the buildings -- which were named after the real estate entrepreneur brothers J. Burgess, Frank and Herbert Book -- was not disclosed.

Real estate experts in the past have estimated that redevelopment of both buildings combined would cost at least $100 million.

Jim Ketai, managing partner and CEO of Bedrock, said the buildings will contain “a new innovative and unique mix of retail, office and residential tenants.”
...
http://www.crainsdetroit.com/article...rnoon-20150828
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  #3027  
Old Posted Aug 28, 2015, 7:48 PM
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Tremendous news!
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  #3028  
Old Posted Aug 28, 2015, 8:05 PM
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yeah, that's some really fantastic news!

such a beauty finally getting some long overdue TLC.
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  #3029  
Old Posted Aug 28, 2015, 8:10 PM
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Very big news indeed. I'm having trouble thinking of another major tower that hasnt been spoken for. Central Detroit is quickly approaching a tipping point that could justify major new construction.
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  #3030  
Old Posted Aug 28, 2015, 8:19 PM
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great news for Detroit! and what a massive return for Akno's investment.
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  #3031  
Old Posted Aug 28, 2015, 10:58 PM
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So I think there is now (certain) renovations planned for all highrise buildings downtown that are vacant except for United Artists
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  #3032  
Old Posted Aug 29, 2015, 1:04 PM
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Quote:
Originally Posted by DetroitSky View Post
Anyone know what this development is? I took this from Belle Isle the other day.

I'm not familiar with the location myself but it looks like the Water's Edge Apartments that were posted back in February:

Quote:
Originally Posted by pacifist112 View Post
I'm not sure if I missed the announcement of this some time back, but it seems they are adding to harbortown

Water's Edge Apts



Also earth moving has started for Orleans Landing.
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  #3033  
Old Posted Aug 30, 2015, 1:38 AM
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I was in Detroit a week ago for about an hour. I wish I had more time there to see everything that was happening with the city but but time was limited. I thought people who follow this thread who don't live in the Detroit area might be interested in the few photos I did manage to get.

The GAR building
Restored GAR Castle by Brandon Bartoszek, on Flickr

The new cornice of the Whitney Building
David Whitney Building's New Cornice by Brandon Bartoszek, on Flickr

M-1 Rail is making progress
M-1 Rail Under People Mover Track by Brandon Bartoszek, on Flickr

The Wright-Kay building with upgraded street-level
The Wright-Kay Building by Brandon Bartoszek, on Flickr

Pierson Building
Wrapping Up Pierson Building Renovation by Brandon Bartoszek, on Flickr

Valpey Building
Valpey Building Renovation Begins by Brandon Bartoszek, on Flickr

A couple general shots of Woodward
Downtown Detroit - Woodward Avenue by Brandon Bartoszek, on Flickr

Woodward Avenue by Brandon Bartoszek, on Flickr

Construction on John R. I think it is utility worked related to the streetcar
John R Street Construction by Brandon Bartoszek, on Flickr

Wurlitzer looked pretty much the same but last I saw it those windows were closed. I hope that means work has started inside.
Wurlitzer Building by Brandon Bartoszek, on Flickr

Gillis House in Brush Park
Gillis House Restoration by Brandon Bartoszek, on Flickr

Gillis House Turret by Brandon Bartoszek, on Flickr

Midtown the streetcar construction in front of the buildings
Midtown Begins by Brandon Bartoszek, on Flickr

James Scott Mansion
James Scott Mansion by Brandon Bartoszek, on Flickr

A couldn't get a good view of the arena work, but this view shows off the remaining hotel building
New Arena Coming by Brandon Bartoszek, on Flickr

I hate the look of the new MCS windows, but I'm glad the building is getting closed up
Michigan Central Station Gets Windows by Brandon Bartoszek, on Flickr

MCS's Ugly New Windows by Brandon Bartoszek, on Flickr
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