If you’ve never been to Detroit and only know what you see in the news, a story about the city’s future could seem confusing.
Change is brewing in the Motor City. New projects are targeting investment in hotspots like downtown and Midtown, and the city’s neighborhoods could see major transformations under long-term plans like Detroit Future City.
Some of those changes are a long way... [Read more...]
The Detroit News
A $60 million, nine-story apartment, retail, hotel and conference center is planned to be erected soon in the heart of Midtown. The Wayne State University Board of Governors on Friday approved a memorandum of understanding and a long-term lease with Broder & Sachse Real Estate Services to develop a 1.5-acre site at the northeast corner of Cass and Canfield. Renderings... [Read more...]
Midtown has arguably become Detroit’s most successful — and talked about — district for new commercial and real estate ventures. Mixed-use projects like The Auburn apartments and Willys Overland Lofts are filling their ground floors with new retail ventures, and new construction is ramping up at sites like the former Stone Pool Park, slated to become an apartment complex.
In Detroit’s... [Read more...]
The year is 2025. Detroit, the poster child of the Great Recession, is emerging as a model of urban life. The transformation could be called a miracle but for the fact that the change was wrought by the very things that first made Detroit great: innovation, industriousness, and a will to win against all odds.
The metamorphosis grew from desperation. In 2008, two of the Big Three carmakers were... [Read more...]