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Detroit: Developments and News

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Eastern Market is really a cool area.  I'm surprised there hasn't been more development in and around it.

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Two landmark Eastern Market buildings sold

 

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Two Eastern Market buildings that house some of the neighborhood's most popular spots — including Russell Street Deli, Supino Pizzeria and Bert's jazz club — have been sold in seven-figure deals to the same father-and-son team.

 

The shops have been told by the new owners there are no immediate plans to remove the businesses.

 

The Russell Street building that hosts five independent operations — Russell Street Deli, Supino, Zeff's Coney Island, Mootown Ice Cream Shoppe and Detroit Kung Fu Academy — sold for $20 million in late June, according to Wayne County Register of Deeds records. The two-story, 18,000-square foot building at the corner of Russell Street and the Fisher Service Drive has residences on the second floor.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/07/11/detroit-eastern-market-buildings-sold-berts-supino-russell-street-deli/775814002/

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MoGo bike share plans major expansion

 

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Detroit's first bike sharing system has announced a major expansion to more city neighborhoods and five Oakland County suburbs.

 

MoGo, which debuted a little more than a year ago in the downtown business district, is adding about 30 new stations and 150 additional bikes.

 

The new communities will include Berkley, Ferndale, Huntington Woods, Oak Park, and Royal Oak.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/07/11/mogo-bike-share-system-major-expansion-plans/775719002/

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Chemical Bank to move headquarters to Detroit, bringing 500-plus employees

 

The largest Michigan-based bank is moving its headquarters to Michigan's largest city.

 

In one of the biggest corporate recruitment wins for the city in recent memory, Chemical Bank (NASDAQ: CHFC), currently based in Midland, it expects to move 500 or so employees into a new high-rise at Woodward Avenue and Elizabeth Street in downtown Detroit. The building would be next to the Ilitch family's Little Caesars Global Resource Center.

 

The plan calls for completion within the next 2 1/2 years.

 

More below:

http://www.crainsdetroit.com/article/20180725/news/666916/chemical-bank-to-move-headquarters-to-detroit-bringing-500-plus

 

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Gilbert plans 913 residences in $300 million-plus development at former Brewster-Douglass site

 

A more than $300 million mostly residential development by Dan Gilbert is planned for the site of the former Brewster-Douglass housing projects just outside of downtown.

 

This is the latest incarnation of plans for the property that have been discussed for the past several years as the greater downtown area has seen dozens of development and redevelopment projects in the works and coming to fruition.

 

The effort by city officials and the billionaire mortgage and real estate mogul's team that began more than two years ago is slated to include 913 residential units, comprised of 648 apartments and 265 for-sale units spread across approximately 22 acres and dozens of buildings of varying heights off of I-75 south of Mack Avenue near the Brush Park neighborhood.

 

It's also expected to include 3.2 acres of public space, 19,000 square feet of retail, another 60,000 square feet of early childhood education space and a hotel with approximately 80 rooms. In addition, the area's street grid is expected to be re-established and connections across I-75 are planned.

 

More below:

http://www.crainsdetroit.com/article/20180726/news/666991/gilbert-plans-913-residences-in-300-million-plus-development-at-former

 

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3 new Detroit residential buildings will have high, low rent mix

 

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The city of Detroit announced plans Thursday for three new residential buildings containing 367 apartments or condos in the once-desolate Brush Park neighborhood that will offer an aggressive mix of market-rate and more affordable rents.

 

The projects, totaling $102 million in costs, will be headed by private developers on large vacant lots that were once owned by the city. All three are to begin construction next year and be done by late 2021.

 

More below:

https://www.freep.com/story/money/2018/07/26/detroit-brush-park-3-residential-buildings/841301002/

 

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Another Platform development: 304 apartments, 28,000 square feet of grocery in New Center

 

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A Detroit-based developer has revealed plans for a new multifamily mixed-use building with a grocery store and hundreds of residences in the city's New Center area.

 

The Platform LLC, headed up by Peter Cummings and Dietrich Knoer, expects to build 304 units and a 28,300-square-foot grocery store on what is a surface parking lot immediately west of the Fisher Building it co-owns.

 

More below:

http://www.crainsdetroit.com/article/20180824/news/669186/another-platform-development-304-apartments-28000-square-feet-of

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Atwater Beach groundbreaking signals next big thing for Detroit riverfront

 

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The Detroit Riverfront Conservancy broke ground Monday afternoon on Atwater Beach, the latest addition to the city's waterfront attractions.

 

Featuring a sandy "beach," play areas for kids and food and drink offerings, Atwater Beach will sit along the east riverfront between Chene Park East and Stroh River Place.

 

When opened next year, the park also will feature a floating café barge serving food and drinks.

 

More below:

https://www.freep.com/story/money/2018/08/27/atwater-beach-detroit-riverfront/1111090002/

 

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i was just in and around detroit recently, during the hoopla of aretha’s funeral. the airport was pretty dead. i dk that that means anything, maybe that downtown is a-boomin again due to suburban locals reviving it more so than move ins? probably. and of course that would be the best thing. we’ll be back to visit friends next summer and i now have a niece who just got married and moved to windsor, so i am looking forward to spending more time downtown.

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Downtown Detroit's new Fort Street Galley food hall reveals its vendors

 

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Poised to make its downtown debut in less than two months, Detroit's newest food hall-style concept Fort Street Galley has announced its first featured vendors.

 

They include a healthier barbecue concept from a James Beard Award-winning chef, a Korean approach to raw American fish, inspired sandwiches from a pair of Selden Standard alums and Detroit's first and only Filipino restaurant.

 

Fort Street Galley is a project of the Pittsburgh-based Galley Group, which operates two food hall concepts in that city and is in the midst of expanding westward with another in Ohio expected to debut around the same time as Detroit's.

 

More below:

https://www.freep.com/story/entertainment/dining/mark-kurlyandchik/2018/09/27/detroit-fort-street-galley-food-hall-restaurants-announced/1384310002/

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$5.7M loan, $4.9M tax incentives OK'd for Temple Street hotel project

 

The Michigan Strategic Fund board on Tuesday approved a $5.7 million performance-based loan and $4.9 million in brownfield tax incentives for the $67 million redevelopment of an historic mixed-use building in Midtown.

 

Temple Group Holdings LLC is developing the former Standard Accident Insurance Co. building at 640 Temple into a 100-room boutique hotel with banquet facility and restaurant.

 

Developers requested a loan through the Michigan Community Revitalization Program to fill in a funding gap with its lender, Chemical Bank, according to a briefing memo to the strategic fund board.

 

More below:

https://www.detroitnews.com/story/business/2018/09/25/temple-street-hotel-loan-tax-incentives-approved/1422641002/

 

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Last 'dangerous' downtown Detroit building being rescued

 

Dozens of bricks and chunks of limestone from the 11th floor of a long-vacant Park Avenue building came crashing onto the street in April. Nobody was hurt by the rubble that covered an area the size of an SUV, but it was an urgent reminder why Detroit officials had long considered the building a safety hazard.

 

Now, after decades of neglect, the historic structure at at 2001 Park Ave. on the edge of Detroit's Grand Circus Park — the last downtown building that officially had been designated "dangerous" by the city — has been stabilized by its new owner and taken off that list.

 

One week before pieces came raining down, the structure known as the Park Avenue Building was purchased for $4.9 million by an entity linked to a Novi development firm. The new owner promptly secured the property and since then has taken the first steps in an estimated $10 million to $15 million renovation for upscale rental apartments and ground-floor retail. Plans are to transform the 104,500-square-foot former office building into 75 to 100 apartments with 4,000-5,000 square feet of first-floor retail.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/09/18/last-downtown-downtown-detroit-building-rescued/1194817002/

 

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Local firm drafting master plan for former Brewster-Douglass site

 

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A Detroit-based global architectural design and planning firm is drafting a master plan for the $300 million development of the former Brewster-Douglass housing project.

 

Matt Rossetti, president of Rossetti, announced Monday that Bedrock Detroit selected his firm to create the plan for the 22-acre site near Interstate 75 south of Mack Avenue near the Brush Park neighborhood.

 

“This is an ambitious project that will honor this neighborhood with a rich history, and we are proud to be part of it,” Rossetti said in a release. “The master plan considers all populations and need for amenities, high-quality public spaces and educational opportunities to the area’s existing and future residents.”

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/10/01/local-firm-drafting-master-plan-former-brewster-douglass-site/1491495002/

 

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Elton Park lofts in historic Checker Cab Building near completion

 

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By the end of the year, the first group of tenants are expected to move into a $150-million mixed-use development that has transformed the former Checker Cab Building in Corktown.

 

The former cab building, part of the first phase of the Elton Park project on Trumbull near Michigan Avenue, will feature 45 one-bedroom apartments and seven two-bedroom apartments. It’s one of six mixed-use buildings in the development just east of the old Tiger Stadium. Pre-leasing for the apartments began Tuesday for occupancy as early as December.

 

“We envision the project as the development of an entire internal neighborhood,” said Tysen McCarthy, vice president of Soave Enterprises. McCarthy outlined the project Tuesday during a hard-hat tour for the news media.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/10/02/elton-park-lofts-historic-checker-cab-building-near-completion/1486103002/

 

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And in HUGE news...

 

Gilbert's Hudson's site skyscraper may grow to 912 feet in height

 

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The biggest building in the state is going to be even bigger than previously expected.

 

Billionaire mortgage mogul and real estate maven Dan Gilbert's skyscraper slated for downtown Detroit may grow by more than 100 feet to 912 feet tall, Crain's has learned.

 

While the final height has not yet been determined, Joe Guziewicz, vice president of construction for Gilbert's Bedrock LLC, confirmed that it will be taller than the 800 feet that was previously announced as the company looks to get "the most flexibility for how we use it and how we program it."

 

"We may end up at 900," Guziewicz said, adding that the city has been briefed on the plan. "This has been an ongoing struggle for us for the last eight months. We get one shot and we want to be sure we have the right components inside."

 

Those include residential, and possibly hotel and other uses, although a final configuration of the space hasn't been decided. The previously revealed $909 million cost is almost certain to grow, although by how much is not known.

 

The maximum height of 912 feet was arrived at because that's the height the elevator cores as they are currently designed can support, Guziewicz said.

 

More below:

https://www.crainsdetroit.com/real-estate/gilberts-hudsons-site-skyscraper-may-grow-912-feet-height

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Old Wayne County Building $7M restoration completed

 

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Owners of the iconic Old Wayne County Building in Detroit announced Monday that a $7 million project to restore the interior and exterior is finished.

The restoration of the 116-year-old building at 600 Randolph Street began in 2016.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/10/08/old-wayne-county-building-restoration-rehabilitation/1568228002/

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Next phase of Orleans Landing: Walkable waterfront, hotel on riverfront

 

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The second phase will see Turay's City Growth Partners LLC build about 300 apartments, 100 hotel rooms, 25,000 square feet of retail space and a fee-based parking deck on 3.1 acres on the northwest corner of Riopelle and Atwater, just inland from the Detroit RiverWalk and waterfront parkland.

Preliminary plans call for a pair of eight-story buildings on the site facing the river, but Turay said the design is still in the works. Construction is expected to begin next year.

 

More below:

https://www.freep.com/story/money/business/john-gallagher/2018/10/09/orleans-landing-riverfront-project-developer/1575351002/

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Old vs New, I'd take the old because the outer skirt is just fascinating, but I hope they improve the new rendering, as in they put in some more flashy stuff.

 

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Key tower is ~880 ft to ceiling height, but its architectural height reaches ~947 ft. It will be ~35 ft shorter than Key, allowing it to remain as the tallest tower from New York to Chicago.

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If you draw a straight line, disregarding the fact Philadelphia is about 80 miles away from NYC, and disregard Atlanta's location between the East Coast and Chicago ... 🤔

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God, Bank of America's Atlanta building would look so good in Cleveland. I like pinnacle tips on buildings.

 

"WE SHOULD TAKE BANK OF AMERICA AND PUSH IT SOMEWHERE ELSE"

Edited by tastybunns

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Detroit hotel residents, many low-income, given 30 days to move
 

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People living at Park Avenue House — a hotel at 2305 Park Ave. known as an affordable housing option in the city — received notices this past weekend that they have 30 days to vacate.

The news, which was accompanied by rumors that the building has been sold, highlights the continued development and interest in downtown Detroit but also draws attention to limited affordable housing options in an increasingly desirable city.

 

More below:

https://www.freep.com/story/news/local/michigan/detroit/2018/10/11/park-avenue-house-eviction-detroit/1579500002/

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Downtown Detroit Church of Scientology set to open

 

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After years of planning, the Church of Scientology’s downtown Detroit location is slated to open to the public next week, officials confirmed Friday.

The newest location near Jefferson and Griswold is scheduled to welcome the community starting at 9 a.m. Monday, spokeswoman Karin Pouw said.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/10/12/downtown-detroit-church-scientology-set-open/1619282002/

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Ford closer on $104M in tax breaks for Detroit train station campus

 

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Ford Motor Co. is one step closer in its quest for $103.5 million in tax breaks it seeks from the city for its Corktown campus.

The City Council is expected to weigh in as early as Tuesday on three of the four requested tax abatements after the council’s planning and economic development committee on Thursday moved the items forward with a recommendation to approve them.

 

More below:

https://www.detroitnews.com/story/news/local/detroit-city/2018/10/11/ford-closer-tax-breaks-detroit-train-station-campus/1604068002/

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Why Toronto’s parks are looking ragged, compared to Detroit’s

 

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For decades, Toronto has looked down on Detroit, a neighbour that’s gone from hot prosperity to hard times. But architect Mark Nickita lives in both cities, and he has a surprising message: When it comes to city parks, Toronto looks lousy in comparison.

“If you’re a tourist and you visit the two cities,” says Mr. Nickita, “It would be very clear that the parks in one city are at a much higher level of maintenance. Those in downtown Detroit are on par with what you’d see in London or Paris. And I don’t see that here.”

 

More below:

https://www.theglobeandmail.com/canada/toronto/article-why-torontos-parks-are-looking-ragged-compared-to-detroits/?cmpid=rss&utm_source=dlvr.it&utm_medium=twitter

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Albert Kahn Building redevelopment to cost $58 million

 

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The redevelopment of the Albert Kahn Building in Detroit will come with a $58 million-plus price tag.

The cost to redevelop the historic New Center area building is revealed in a Detroit City Council document requesting the creation of a commercial redevelopment district for the property, which would allow for an up to 12-year property tax abatement on the planned commercial space.

Construction is expected to begin in January and take about 18 months to complete, said Matthew Sosin, principal of Farmington Hills-based Northern Equities Group, which is half of the joint venture that bought the building and five other West Bethune Street parcels in June for $9.5 million from another joint venture led by Detroit-based developer The Platform LLC. Birmingham-based Lutz Real Estate Investments is the other co-owner of the property along with Northern Equities.

 

More below:

https://www.crainsdetroit.com/real-estate/albert-kahn-building-redevelopment-cost-58-million

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West Riverfront Park lands $50M grant from Ralph C. Wilson, Jr. Foundation

 

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A transformational park development along the Detroit riverfront is much closer to reality today.

 

The Ralph C. Wilson Jr. Foundation, in honor of its namesake’s 100th birthday, is gifting $100 million each to green spaces and trail initiatives in southeast Michigan and western New York, specifically Detroit and Buffalo. The gift will fund two major parks—including Detroit’s West Riverfront Park—and about 250 miles of trails in the regions.

 

President and CEO David Enger tells Curbed that Wilson loved exercise and being outside and near the water, so it made sense to give this great gift in honor of him on his birthday.

 

More below:

https://detroit.curbed.com/2018/10/17/17984670/west-riverfront-park-50m-grant-ralph-c-wilson-jr-foundation

 

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Left for dead, little-known Detroit shopping mall is now coming back

 

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A little-known enclosed shopping mall on Detroit's west side that has barely survived is now on the brink of revitalization after landing a major tenant for an empty department store that closed in the 1980s.

 

Tower Center mall, 15400 Grand River at the corner of Greenfield, will be the newest Michigan location for fast-growing discount retailer Forman Mills, which is preparing to open a roughly 45,000-square-foot store in a section of the mall that once housed Montgomery Ward.

 

The store's planned Nov. 2 grand opening would mark the biggest development in years for the onetime Detroit retailing landmark whose last extensive renovation was in 1984. Many city residents are unaware that the small urban mall even exists.

 

More below:

https://www.freep.com/story/money/2018/10/19/tower-center-mall-detroit/1642555002/

 

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this is heartening news. the article sez the cool old 1940s brick italianate style mall closed in the 1980s and has carried on with black owned businesses at $1sqft rents. they are excited to get forman mills into the old montgomery ward space. it will bring in a lot of foot traffic.

 

we got a forman mills in the south bx hub near where i work sometimes. its decent and they have a lot of affordable merch. it will do well there.

 

just another example of detroit bouncing back in every way.

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