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  #6541  
Old Posted Apr 29, 2022, 5:57 AM
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Greektown Casino rebrands with new name Hollywood Casino, adds new amenities

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DETROIT (FOX 2) - One of Michigan's largest casinos and one of the big three stationed in Detroit is getting a new name.

Greektown Casino-Hotel will be renamed as Hollywood Casino at Greektown. Assuming all regulatory hurdles are approved, the name change will go into effect May 1.

The rebranding, which is being overseen by the casino's owner Penn National Gaming, Inc., brings the facility under its Hollywood Casino banner.

"Becoming Hollywood Casino at Greektown will offer our guests the best of both worlds: we’re keeping all of the unique, neighborhood charm that has defined Greektown since we opened our doors, while adding several new amenities that come with being a part of Penn National’s flagship brand family," said John Drake, general manager of Hollywood Casino at Greektown. "Whether you’re a regular, loyal guest or a first-time visitor, we’ll have something new and improved for you to experience and enjoy."

It's not just a new name that the casino is getting, but amenity upgrades as well.

A release about the name change included details about the venue's $30 million renovation of its hotel lobby, which will include a cocktail bar. There's also a redesign of every single one of its 400 guestrooms and suites. Those changes are expected in the coming months.


Southern trailhead for Iron Belle Trail completed on Belle Isle

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The Iron Belle Trail, which will run 2,000 miles on two different paths from Belle Isle through Michigan up to Ironwood, is about 70 percent complete. Earlier this week, the DNR celebrated completion of the southern trailhead close to home on Belle Isle.

The Ralph Wilson Gateway is located near the Blue Heron Lagoon. Thenewly-completed area includes a new plaza with picnic tables and a map of the trail. Near the trailhead, the sculpture One World...Under Michigan Stars by Erik and Israel Nordin frames the William Livingstone Lighthouse in the distance. Construction on the Eugene and Elaine C. Driker Trail, which will lead to the lighthouse, also kicked off at the ceremony.




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  #6542  
Old Posted May 3, 2022, 1:05 PM
Velvet_Highground Velvet_Highground is offline
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A little clarification on the work at the JLA site though it does raise more questions site prep and foundation work approval have been granted and are underway. The details have been sparse perhaps with the housing shortage they wanted to get the project underway while finalizing the plan to get things moving as quick as possible?

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Site work underway for apartments on former Joe Louis Arena site

CANDICE WILLIAMS
THE DETROIT NEWS
February 10, 2022

Detroit-based Sterling Group is working on a multi-residential complex with studio and one-bedroom units, according to plans submitted to the city of Detroit in the fall.

Heavy duty equipment was seen at the site at 600 Civic Center Drive this week, first reported by Crain’s Detroit Business. Signage at the site displays the name of Macomb Township-based Colasanti Construction Services Inc.

Representatives with Sterling Group were not immediately available for comment Thursday.

According to a building permit issued by the city of Detroit on Feb. 3, work would involve site preparation and foundations for a future multi-family dwelling with 25 stories.
https://amp.detroitnews.com/amp/6739352001
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  #6543  
Old Posted May 3, 2022, 5:18 PM
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Please tell me that purple signage in the rendering isn't what they're actually going with. It looks awful.
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  #6544  
Old Posted May 3, 2022, 6:04 PM
ShadowSoarer ShadowSoarer is offline
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Looks like a lift has been completed at the the Exchange. There is a video on Crain's Detroit showing a million pound plate being moved at once. Don't have access to the article unfortunately.

https://www.crainsdetroit.com/constr...ifted-all-once

https://www.bartonmalow.com/news-eve...ject%EF%BF%BC/

Edit:

Here we go found a video of the lift in process:

https://detroit.urbanize.city/post/l...-roof-exchange

Last edited by ShadowSoarer; May 4, 2022 at 3:17 PM.
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  #6545  
Old Posted May 3, 2022, 6:58 PM
Rizzo Rizzo is offline
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Originally Posted by deja vu View Post
Please tell me that purple signage in the rendering isn't what they're actually going with. It looks awful.
Looks like a planet fitness LOL

The original Greektown Casino sign with its red letters was always more striking against the blue glass

Regarding the Exchange. Had no idea it was going to be that tall. Impressive.
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  #6546  
Old Posted May 3, 2022, 9:45 PM
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I'm happy to see more housing going up downtown, but I'm interested to see how the Exchange works out long-term, both in terms of durability in its unique construction style, but also its operating budget. The construction methods will be fun to watch, but the unit mix is also interesting. There's a lot of talk about a need for building mixed-income housing, but making that a reality is tricky for so many reasons. It's getting both brownfield and NEZ, but I'm not seeing any other info online regarding funding for the affordable units.

This is clearly not a typical housing development with the proposed unit mix. It's being billed as upscale, but 20% are below market rate. There are only 12 units that will be sold as condos, with 153 apartments, of which 20% will be affordable to 80% AMI or below (31 units, including 16 studio apartments, 10 one-bedroom apartments, and 5 two-bedroom apartments being set aside as affordable units).

The for-sale units start at $519k for a 1-bedroom with an HOA fee of $629/mo., with one 1-bedroom unit being sold already. A 3-bedroom condo was also pre-sold for $1.38 million with an HOA fee of $1,400/mo. The buyers would need incomes of $125k and $321k, respectively, assuming the NEZ property tax exemption, to meet the bare minimum underwriting requirements.

Median household income in Detroit is $32,498, which would mean that 31 of the units in the building will be reserved for households making $26,000 per year or less.

In terms of how it looks, it's not too exciting. It would have been nice to see some terraces and outdoor areas for the tenants. I'm assuming the space on the roof will be reserved as a clubhouse for the condo owners, but who knows. Its design reminds me somewhat of The Yard here in Portland, particularly the alternating façade panels and windows. I've seen this type of construction a lot recently and it turns out looking cheap in my opinion.
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  #6547  
Old Posted May 3, 2022, 10:29 PM
hybrydy hybrydy is offline
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Quote:
Originally Posted by subterranean View Post
Median household income in Detroit is $32,498, which would mean that 31 of the units in the building will be reserved for households making $26,000 per year or less.
These low income units won't go to true 'low income' households. There's a major loss of low income housing ongoing.

Eligibility for regulated affordable housing is based on income. “Low-income” is defined by the U.S. Department of Housing and Urban Development (HUD) based on the area median income, or AMI. HUD calculates AMI as the median, or middle, income for a household in your metropolitan area. Because HUD’s definition accounts for housing in the larger region, AMI is not defined within city boundaries. In the Detroit-Warren-Livonia metropolitan area, the AMI for a 2-person household in 2020 is $62,800. Regulated housing programs are designed to serve households based on certain income benchmarks relative to AMI.

For a 2-person household:
low-income household: income of 80% AMI ($50,240) or less
very low-income household: income of 50% AMI ($31,400) or less
extremely low-income household: income of 30% AMI ($18,840) or less.

https://detroitmi.gov/departments/ho...g/who-eligible
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  #6548  
Old Posted May 4, 2022, 8:40 PM
DetroitMan DetroitMan is offline
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Rihanna is opening a lingerie store in Downtown Detroit...

Rihanna lingerie brand Savage X Fenty to open store in Detroit

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Singer and business mogul Rihanna's lingerie brand Savage X Fenty is opening a store in downtown Detroit.

The company said Wednesday afternoon in an email that Detroit is among six cities getting retail stores, in addition to those that already exist in Culver City, Calif., Arlington, Va., Las Vegas, Houston and King of Prussia, Pa. The other stores coming are in Chicago, Long Island, N.Y., Atlanta, St. Louis and Newark.

A map of retail tenants by Dan Gilbert's Bedrock LLC real estate company last year and obtained by Crain's shows a Savage X Fenty logo in the retail space immediately south of the Cornerstone Barrel House bar at the corner of Woodward Avenue and John R on the Shinola Hotel block.
https://www.crainsdetroit.com/retail...-store-detroit
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  #6549  
Old Posted May 5, 2022, 7:06 AM
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Detroit Food Commons breaks ground in the North End

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On April 23, the Detroit Black Community Food Sovereignty Network (led by Malik Yakini) and Develop Detroit (led by Sonya Mays) broke ground on the Detroit Food Commons, which will also house the Detroit People's Co-Op. Construction is expected to be completed in June 2023. The site sits on land at the corner of Woodward and Euclid, next to this historic building. For the co-op, members can buy in at $200 (see more on membership info). This development should be a positive boost for the neighborhood; grocery stores in Detroit hasn't always been easy to come by, and this helps the community keep money in their neighborhood.


More to come with Book development downtown

Quote:
The redevelopment of the Book Tower and Building looks like it could be one of the standout restorations in the city. But there is more to the development. Just to the south of the Book Building is a 30,000-square-foot two-story building that was going to be demolished for parking, but now looks like it will be saved. Bedrock will go before the Historic District Commission this month with plans for retail on the bottom level and offices above, with rooftop amenities available. The building was built as a placeholder for what was to be an 81-story tower, but the Great Depression held up the Book Brothers' building spree. For comparison, the Book Tower is 34 stories tall.
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  #6550  
Old Posted May 5, 2022, 11:00 PM
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Quote:
Originally Posted by hybrydy View Post
These low income units won't go to true 'low income' households. There's a major loss of low income housing ongoing.

Eligibility for regulated affordable housing is based on income. “Low-income” is defined by the U.S. Department of Housing and Urban Development (HUD) based on the area median income, or AMI. HUD calculates AMI as the median, or middle, income for a household in your metropolitan area.

https://detroitmi.gov/departments/ho...g/who-eligible
You're correct about federal AMI calculations, but there is no documentation whatsoever that I am able to find from the developer, the architect, the builder, MEDC, DEGC, Detroit Brownfield Redevelopment Authority, City of Detroit, MSHDA, or anywhere else for that matter that would indicate that these would actually be federally regulated affordable units.

In fact, everywhere I've seen the financials posted, including from Downtown Detroit Partnership, indicates that aside from Brownfield Tax Credits, their capital stack is 100% privately financed. If it had LIHTC or HOME or some other federal funds requiring a long-term affordability period, those would be listed, and would be enforced by a land use restrictive covenant for probably 50 years using the federal AMI standards.

Detroit did pass an inclusionary housing ordinance requiring new housing developments with city funding to contain 20% affordable units, but there doesn't appear to be any evidence of financial support from the city. Their Inclusionary Housing Guidelines don't contain anything about brownfield tax credits. Maybe it's because of a land deal. If so, then the City's 80% AMI limit explicitly states that it is based on MSHDA's Wayne County income limit, which for a family of 2 is $39,760 according to the previously linked guidelines. It further states that if MSHDA stops publishing their income limits for Wayne County then the Director will determine an alternative method for calculating AMI for the City. It's clear the rationale for using this lower income limit is that the regional AMI is not representative of Detroit.
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  #6551  
Old Posted May 5, 2022, 11:16 PM
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Having not kept up on this topic, after a little research it looks like this very affordability and income cutoff was a big topic of discussion in 2018:

https://www.modeldmedia.com/features...ce-030318.aspx

https://www.bridgedetroit.com/how-re...dable-housing/

It's pretty clear that the higher end units will be subsidizing the affordable units in the Exchange since the AMI for Detroit residents themselves is much lower than for the region and it's unlikely that they'll fill up the 31 units with folks right at the 80% AMI limit. It will have people between 50-80%.
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Last edited by subterranean; May 5, 2022 at 11:27 PM.
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  #6552  
Old Posted May 6, 2022, 5:34 PM
DetroitMan DetroitMan is offline
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A 20-story office tower is also planned at the JLA site...

Permit issued for Joe Louis Arena site apartment tower; office high-rise also planned

Quote:
The source also said that an office tower with at least 20 stories and 150,000 to 300,000 square feet is also planned to sit on the northern portion of the property. Construction timeframes for either a hospitality or office component are not known.

An affiliate of Detroit-based developer and landlord Sterling Group acquired the property and the arena's 3,000-space parking deck as part of a complicated $14.1 million deal struck in October 2019 with the city.

Sterling Group sold the parking deck to Grosse Pointe-based Foster Financial Co. on a land contract deal in March 2021, which Crain's later reported in June was for $36 million.
https://www.crainsdetroit.com/real-e...h-rise-planned
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  #6553  
Old Posted May 6, 2022, 5:51 PM
seabee1526 seabee1526 is offline
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Permit just issued? They jump the gun a bit? Maybe with a permit we’ll learn more.

If Dan Gilbert had to cancel the Monroe Blocks because he couldn’t fill an office tower there, how will they fill one at The Lewis site…

Last edited by seabee1526; May 6, 2022 at 6:03 PM.
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  #6554  
Old Posted May 7, 2022, 6:26 AM
SperamusMeliora SperamusMeliora is offline
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Originally Posted by seabee1526 View Post
Permit just issued? They jump the gun a bit? Maybe with a permit we’ll learn more.
This is the second permit issued for the site. The first, issued in February, was for foundation work. The one issued this week allows them to go vertical -- or more specifically, the description of work states, "Construction of a new residential tower including structural, mechanical, fire, electrical and architectural elements" (Detroit Open Data Portal).
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  #6555  
Old Posted May 11, 2022, 4:00 PM
Velvet_Highground Velvet_Highground is offline
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Franki Videos



Progress on the Godfrey Hotel in Corktown link to the video is embedded.

Edit* The video also shows progress on the Perennial & cold storage warehouse on Vermont St a very substantial renovation that’s under the radar. (4-30)
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  #6556  
Old Posted May 11, 2022, 10:52 PM
DetroitMan DetroitMan is offline
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The Louis is expected to be complete by 2024....

Joe Louis Arena site tower could be finished in spring 2024

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The 25-story residential tower in Detroit that is now under construction at the former site of Joe Louis Arena could be finished as early as spring 2024, city officials were told Wednesday.

An executive with the project's general contractor, Colasanti Construction Services Inc., said during a Board of Appeals meeting for Detroit's Buildings, Safety Engineering and Environmental Department that the tower is expected to be completed "just under two years from today."

The tower's developer, Detroit-based Sterling Group, has been unusually secretive about all aspects of the project, and has yet to make any public announcements or share details.
https://www.freep.com/story/money/bu...te/9733026002/
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  #6557  
Old Posted May 12, 2022, 1:37 AM
seabee1526 seabee1526 is offline
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Originally Posted by DetroitMan View Post
The Louis is expected to be complete by 2024....

Joe Louis Arena site tower could be finished in spring 2024


https://www.freep.com/story/money/bu...te/9733026002/
Maybe Boeing decided on Detroit instead of northern Virginia
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  #6558  
Old Posted May 12, 2022, 4:08 PM
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  #6559  
Old Posted May 15, 2022, 5:34 AM
SperamusMeliora SperamusMeliora is offline
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A couple more updates to finish off the week.


West Riverfront / Ralph C. Wilson Jr. Park:
Officials break ground on 22-acre park on city's west riverfront, expected to open in 2024
Quote:
Officials broke ground Tuesday on a major park that is set to enhance the city's riverfront and enliven downtown.

[…]

Also during Tuesday's groundbreaking was an announcement of $7 million in new support for the park from a number of organizations, with $2.5 million from the DTE Energy Foundation.

[…]

Construction is expected to begin within coming months and be completed by late summer 2024.

TCF Center / Huntington Place:
Sphere sculpture proposed downtown

Quote:
An 11-foot-tall sculpture that includes a six-foot bronze sphere may soon sit in front of Huntington Place.

The authority that runs the downtown convention center — called TCF Center until Huntington bought TCF Bank — is proposing a new sculpture by the car drop-off area at Jefferson Avenue and Washington Boulevard.

It requires City Council's approval before it can be installed.
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  #6560  
Old Posted May 16, 2022, 1:24 AM
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16 townhomes underway in New Center start at $365,000

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Pallister Gardens is a new, modern, condominium development consisting of 16 townhomes for sale, in its 1st phase. The construction is taking shape right now on these two and three- story homes, in New Center near Henry Ford Hospital. Prices start at $365,000, and every home is features private entry, at least 2 bedrooms and 2 baths, private backyards, covered balconies, and garages. The developers are FPJ Investments, LLC, a custom home building firm with close to a dozen high quality residential projects in their portfolio. The design firm is Detroit – based 4545 Architecture. Completion of the units will start in sequence, in ’23, and more phases are planned, along Pallister St. Already, half of the homes are under contract, but some stunning floor plans, including end units, are still available.








New low-income housing for disabled Detroiters coming to the east side

Quote:
Last week at the border of Detroit and Grosse Pointe Park, the city and minority-owned Nova Development broke ground on a new development for low-income, disabled Detroiters. Mack Alter Homes will bring 14 apartments to vacant land in Detroit's east side.

Applicants for these apartments must have a physical or mental disability under Detroit Housing Commission (DHC) supportive service guidelines. Through vouchers from the DHC, residents won't pay more than 30 percent of their income toward rent. The apartments are offered at rates at 50 to 60 percent area median income (AMI).

The development sits next to the shopping center at Mack and Alter, which includes a Rite Aid and Aldi. Mack Alter Homes includes 12 two-bedroom apartments and two one-bedroom apartments. Life skills management and on-site supportive services will be available to residents.
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