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  #1  
Old Posted Jan 30, 2021, 1:00 AM
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DETROIT | City Club Apartments Midtown | 282 FT | 16 FLOORS

This project was announced this past summer but no thread was ever made for it. Plans call for 186 space underground parking garage, 41,500 square feet of ground floor retail including a 32,000 square foot "discount supermarket" that will be named at a later date, a 6 story, 70 unit midrise and a 16 story, 270 unit tower. This is the fifth City Club property in Detroit. The site is on Woodward between Mack and Eliot in the Brush Park neighborhood of Midtown.

This project is part of the South of Mack Avenue development, commonly referred to as SoMA, which also includes a 10 story AC by Marriott hotel, two renovated lowrise office buildings, and a new parking garage. SoMA is also a block away from the proposed multi tower development at The Mid.

The original announcement can be found here.

Additional info announced today can be found here.


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  #2  
Old Posted Jan 30, 2021, 9:14 PM
DetroitSportsFan DetroitSportsFan is offline
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According to Crains the 16 story building will be 282ft.

https://www.crainsdetroit.com/real-e...ar-whole-foods
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  #3  
Old Posted Jun 7, 2021, 1:27 AM
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According to ShadowSoarer on the Detroit city compilation page, groundbreaking is Q4 2021 or Q1 2022

Quote:
This is a quote from someone on the SkyscraperCity Detroit Development News page in regards to the City Club Apartments in Midtown:

"that in a recent interview with the Free Press City Club says they are targeting a Q4 2021 or Q1 2022 groundbreaking for city club apartments Midtown."
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  #4  
Old Posted Jun 7, 2021, 2:58 AM
mrnyc mrnyc is offline
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cleveland is getting one too. actually the start is supposed to be announced any day now. hopefully sometime this summer at least. i was kind of waiting for that to make a thread. i like these city club apts. they seem to know what they are doing, at least in the renders.
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  #5  
Old Posted Jun 8, 2021, 9:44 PM
DetroitSportsFan DetroitSportsFan is offline
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Here’s a semi-recent report from the city planning commission regarding the city club project.

https://detroitmi.gov/sites/detroitm...rt%20Final.pdf
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  #6  
Old Posted Jul 31, 2021, 12:32 AM
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Nice
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  #7  
Old Posted Oct 26, 2021, 4:59 AM
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32,000-square-foot Target store coming to Detroit's Midtown



Quote:
Target is opening its first Detroit store in Midtown.

The 32,000-square-foot store will be the anchor tenant of the new City Club Apartments. The mixed-use apartment complex will be built at the southeast corner of Mack and Woodward avenues.
Quote:
It hasn't been announced when groundbreaking on the apartments and store will begin, as plan approvals still need to be granted.
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  #8  
Old Posted Jul 28, 2022, 4:07 PM
seabee1526 seabee1526 is offline
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I’m keen for them to get cracking.
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  #9  
Old Posted Jul 28, 2022, 6:27 PM
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That architecture is going to age like harvest gold appliances....
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  #10  
Old Posted Jul 29, 2022, 2:13 AM
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Quote:
Originally Posted by Busy Bee View Post
That architecture is going to age like harvest gold appliances....
I believe this developer copy/pastes their newer projects a lot so more than anything else, it's probably designed for duplicity rather than anything unique. That said, it's decent filler for the area.
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  #11  
Old Posted Jul 31, 2022, 2:35 PM
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Generally this is one of the largest market apartment buildings to get built in decades in Detroit so it’s very encouraging. Hopefully one of many in the future for the city as residential conversion projects seem to by drying up.
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  #12  
Old Posted Aug 28, 2022, 6:44 PM
greatlakes greatlakes is offline
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I noticed a new coming soon type signage on the corner of Mack and Woodward yesterday for "City Club" midtown development. I don't recall seeing that before, has anyone else noticed it. Also looks like they are finishing up reconstructing the road where the this City Club Midtown project would go. Wondering if we will get an announcement soon that this project is about to get started.
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  #13  
Old Posted Oct 12, 2022, 12:30 AM
greatlakes greatlakes is offline
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I guess the coming soon sign they put up was for a reason. Construction to begin in December.

https://www.crainsdetroit.com/real-e...begin-december
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  #14  
Old Posted May 2, 2023, 12:16 AM
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EGLE awards $2.1 million to apartment and retail development in Midtown Detroit

Quote:
A new apartment and retail development in Detroit will receive financial help for site cleanup after the Michigan Department of Environment, Great Lakes and Energy approved $2.1 million in brownfield funding through tax increment financing.

The department announced Monday the reimbursement plan for City Club Apartments Midtown to help offset environmental cleanup and management costs at the vacant and contaminated 2.4-acre site in Midtown Detroit.
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  #15  
Old Posted May 4, 2023, 7:23 PM
SperamusMeliora SperamusMeliora is offline
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EGLE awards $2.1 million to apartment and retail development in Midtown Detroit



Quote:
The department announced Monday the reimbursement plan for City Club Apartments Midtown to help offset environmental cleanup and management costs at the vacant and contaminated 2.4-acre site in Midtown Detroit.

The City Club Apartments Midtown project is expected to feature 344 new apartments, parking and retail space including a Target store. The project will sit on five parcels at 3510 and 3540 Woodward Ave., 80 and 90 Mack Ave. and 33 Eliot St. Construction is expected to be complete in November 2024, officials said.

[…]

The City Club Apartments Midtown will consist of three structures: a 16-story apartment building, a six-story mixed-use building with apartments and retail, and a single-story retailer. The 344 rental units will range from studios to three bedrooms. Plans for the Target store, a bank, two restaurants and underground parking are moving forward, according to a spokesperson for CCA.
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  #16  
Old Posted May 30, 2023, 3:09 PM
greatlakes greatlakes is offline
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updated rendering. Has this project officially broken ground yet?



Image from the following source: https://www.michigan.gov/egle/newsro...eld-incentives
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  #17  
Old Posted May 31, 2023, 6:21 AM
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Quote:
Originally Posted by greatlakes View Post
updated rendering. Has this project officially broken ground yet?



Image from the following source: https://www.michigan.gov/egle/newsro...eld-incentives
Not yet. The AC Hotel shown on the right in the rendering just broke ground about a week ago though.
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  #18  
Old Posted Jun 20, 2023, 9:54 PM
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Bank backs away from Detroit Target financing talks, but developer vows to complete it

Quote:
Jonathan Holtzman, who runs Farmington Hills-based City Club Apartments, said there was a term sheet — but not a loan commitment — from one of his long-time lenders, Associated Bank out of Chicago, but the bank backed away from the project.

"I'm not going to speak for Associated Bank," Holtzman said. (I've asked Associated Bank to speak for itself in an email requesting comment on Tuesday morning.)

"I can only tell you Associated Bank is not involved in the project, not because of the city, Detroit, the project or the borrower or the deal."

Without speaking directly about Associated, Holtzman said stress in the broader commercial real estate market — particularly the office sector — and more macro issues related to the liquidity of many banks have caused difficulties for developers to secure construction financing.

He said people have been "sucking money out of banks" and instead investing in treasuries at 4% or 5% rates, causing liquidity issues for some banks. "If a bank doesn't have liquidity and then has all these troubled office loans and you say, 'Hey, I want a loan for an apartment building,' they don't have the money," Holtzman said.

Adam Lutz, a commercial real estate finance expert who is president and CEO of Lutz Real Estate Investments based in Birmingham, said broadly that construction financing has substantially slowed due to banking, economic and real estate-related issues like the ones Holtzman described.

But, in an interview last week, Holtzman vowed that the City Club Apartments Midtown development would move forward with financing from a different lender. He said he is in conversations with both Flagstar Bank and Fifth/Third Bank.

"Could Midtown start at the end of the third quarter? Maybe. Could it start at the end of the fourth quarter? Maybe," Holtzman said. "We are 110% committed to build in Midtown. There isn't a chance that we're not building Midtown."
https://www.crainsdetroit.com/real-e...et-development
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  #19  
Old Posted Jan 10, 2024, 2:15 PM
seabee1526 seabee1526 is offline
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https://www.crainsdetroit.com/real-e...article2-image

Target says: NOPE
City Club says: YUP
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