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Old Posted Jan 19, 2022, 1:55 AM
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Renovation of the Lee Plaza moves forward:

Detroit's historic Lee Plaza gets $7M in pandemic relief dollars for senior housing

Quote:
Detroit City Council on Tuesday approved a resolution to use federal pandemic recovery dollars to help fund a project to turn a long vacant high-rise — the Lee Plaza on West Grand Boulevard — into senior housing.

The city's housing and revitalization department requested approval to spend $7 million in American Rescue Plan Act dollars to address a funding gap to renovate the 15-story historic tower where 117 units are slated to be set aside as housing for income-eligible residents.

The initial phase of the roughly $60 million project led by Detroit-based developers Roxbury Group and Ethos Development Partners will include housing for seniors. An individual would have to make $28,000 or less to qualify.

The construction is expected to begin next year and wrap up in 2024.
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