Neighborhood

Old Redford

Address

22000 Grand River

Project Type

Residential & Retail

Construction Type

Rehab

Original Date Built

1917

Date Complete

November 2020

Total Size

12,855 SF

Retail

8,800 SF

Residential

4 Units

Our investment in historic Old Redford demonstrates our commitment to supporting local entrepreneurs, providing affordable housing, and creating places that benefit the community.

The Obama building is a renovated historic landmark in Northwest Detroit providing eight retail suites and four loft artments at affordable rates. The Platform engaged with local businesses, residents, and civic leaders throughout the redevelopment and is a member of the Neighborhood Advisory Council to ensure building tenants and programs support the local community.

Located in a City of Detroit Strategic Neighborhood, The Obama is the result of a public-private partnership that includes the City of Detroit, Invest Detroit, Michigan Economic Development Corporation, Horizon Bank and the Fisher Foundation.

Now Leasing

The Obama Building offers 8,800 SF of retail and four residential units at affordable rates.

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Now Leasing ↓

Stage of Development

Pre-development

A developer sees an opportunity in an existing building or vacant land and tests possible ideas for development to determine if they should commit.

Design

The architect, along with engineers and contractors, collaborate with the developer to create a meaningful plan for construction.

Construction

The general contractor physically brings the design of the architect and engineers to life.

Leasing

The development is promoted to potential tenants who may be interested in leasing or purchasing available units.

Management

A property-management team manages the on-going daily operations of the development and the tenants.

Refinance

The owner may choose to re-finance or sell the developed property.

History: The building was constructed in 1917 as The Peoples State Bank of Redford. It closed in 1931 and was later re-opened as Stein’s Department Store. The building sat vacant for some time before The Platform purchased in 2016. Years of neglect and deterioration left the building with a collapsed roof and significant water damage. Throughout construction, great care was taken to restore its historic architecture.

Community Engagement: The Platform is committed to developing in a way that honors and contributes to Detroit’s social and physical fabric, creating places and spaces that bring people together. We engaged local businesses, residents, and civic leaders in naming the property and work closely with the Neighborhood Advisory Council. Community anchors like Brightmoor Alliance, Detroit Blight Busters and Fisher Family Foundation have been loyal partners in our work.

Design: Because neighborhood development is cost sensitive, the design approach at The Obama celebrates the building’s original architecture and the beauty in everyday construction materials. An affordable, equitable, and elevated experience is achieved through open floor plans, natural light, wide corridors, and connectivity to the community.

Neighborhood:Old Redford is a historic neighborhood in Northwest Detroit surrounded by early 1900s single-family homes. Notably community anchors include Redford Theatre, Sweet Potato Sensations, Motor City Java House, Artists Village, Motor City Blight Busters, Sidewalk Detroit, Old Redford Kitchen + Café, Maty’s Cuisine, Detroit Public Library – Redford Brand, PharMor Pharmacy, Dollar Tree, Meijer Grocery + Gas, Old Redford Food Center, Flagstar Bank, Huntington Bank and Detroit Police Department – 8thPrecinct.

Transit: Bus #021, 045