So we have the Roxbury Group Bonstelle Theatre Hotel, The 2 Mid towers and the SOMA buildings with the Target store all starting within a couple blocks from one another by fall of this year?
The Lafayette West development officially broke ground today....
Construction finally begins on large Detroit upscale housing development
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The $133 million Lafayette West, 1401 Rivard St. near I-375, will consist of six five-story buildings with a mix of 230 rental apartments and 88 for-purchase condos. It is scheduled to open in spring 2023.
A full 20% of the apartments will be set aside at below-market rents for income-qualified residents, a requirement for the project's use of development incentives.
The market-rate rents have yet to be announced, although asking prices for the condos will start at $234,000 for a small one-bedroom, $399,000 for a large one-bedroom and $595,000 for a two-bedroom unit, according to the development's website.
Weird, its been under construction for a few months now. A few of the buildings already have cores topped out. I don't understand this trend towards hosting "groudbreaking" ceremonies long after ground has actually been broken.
After four years of renovations, a historic mansion on Jefferson has been converted to an upscale bed-and-breakfast inn.
The Frederick K. Stearns house was built for a businessman in 1903, the Free Press reports:
(New owners Rachel and Eric Mitchell of Troy) set out to recapture the mansion's original splendor and transform it from an assortment of offices into a one-of-a-kind inn with 10 unique, full bedroom suites.
They plan to officially open June 11 as the Frederick Stearns Historical Inn. Nightly rates could range from about $400 to $600, and include a chef-made breakfast. The couple hasn't disclosed their total spending on the project.
DETROIT (WXYZ) — Mayor Mike Duggan, community leaders and representatives from the Penske Corporation broke ground today on a new 8,116-square-foot state-of-the-art solar-powered community center at A.B. Ford Park in Jefferson Chalmers along the Detroit riverfront.
The new facility will serve as a community resource and sustainable resilience hub during emergencies, replacing the Lenox Center, which has been vacant for almost a decade and deemed unusable as it is located within the FEMA flood plain. The center will include flexible space for indoor youth sports and community events, classrooms, and a quiet learning space.
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A.B. Ford Park Redesign
In addition to the community center, A.B. Ford Park will be redesigned with $2.13 million from the American Rescue Plan Act (ARPA). The redesign will feature enhanced connectivity throughout the park with a new walkway system and promenade connecting the community center to the waterfront; an active zone including outdoor fitness equipment, playgrounds for children ages 2-12, picnic areas and fishing areas with riverfront seating and patio event space for the community center.
DETROIT, MI (WXYZ) — The Detroit Public Schools Community District is being reimagined. Last week, the school board unanimously approved a $700 million plan that includes rebuilding five schools and reopening seven previously-closed schools over the next five years.
One of the schools set to be rebuilt is Pershing High School. It will be one of the district's largest investments. The legacy school opened its doors in the 1930s and since then has seen generations of families graduate as doughboys.
Looks like Google finally updated the 3D satellite view of Downtown Detroit area recently to fall of 2021. So can see some of the construction of stuff like the Hudson Site, Huntington Tower, City Club Apartments, Woodward West, etc.
The Illitches have released an updated vision for District Detroit and the area around U-M's new Innovation Center. IF this actually gets built, it will truly change the face of the west side of downtown..
Expanded Detroit Center for Innovation vision includes hotel, parks, community space
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Anchored by the $250 million Detroit Center for Innovation, a University of Michigan graduate school campus focused on research and innovation, the updated Ross/Ilitch plan would bring a long-envisioned new hotel to the unused land south of the arena, new office and retail space on the Woodward-fronting surface parking lots for Comerica Park, more commercial development along Columbia Street and affordable and market-rate residential space along Park Avenue.
Some of the development unveiled today — the Woodward project (originally residential), the hotel on Henry Street and a community space over I-75 (long envisioned as retail) — has conceptually been on the Ilitch family's Olympia Development of Michigan's real estate company's drawing boards, Crain's has previously reported, although none of it has gotten off the ground.
As you alluded with the IF, I won't hold my breath.
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I think there's room to be cautiously optimistic since Related and Stephen Ross are on board. Cordish and Olympia were partners once, but Olympia could only handle one project at a time when that partnership was no more. Related is an experienced developer and I think Ross will be in a more active role in the partnership and possibly get some things done.
As you alluded with the IF, I won't hold my breath.
Same. Even one of the proposed concepts turning into reality would be cool but so far Olympia hasn't really proven capable of anything other than what someone else is spending money for.
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Originally Posted by CrazyCres
I think there's room to be cautiously optimistic since Related and Stephen Ross are on board. Cordish and Olympia were partners once, but Olympia could only handle one project at a time when that partnership was no more. Related is an experienced developer and I think Ross will be in a more active role in the partnership and possibly get some things done.
I know some time ago Olympia seemed to go through a bit of a shakeup with various partners (and maybe even internally)... but until I start seeing crews out on these empty plots of land, I'll just assuming they'll stay concepts for now.
I see no reason why Related run projects wouldn't get built. Ross is not a liar or a schmuck.
The office building and hotel look very fleshed out and if they want to break ground in a couple of years they must have concrete plans. As for the other conceptual stuff, who knows when that would happen but it's nice to know they have a vision.
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