Fall 2018
Detroit Homecoming V Recap: Real Estate 101 in the D
September 24th, 2018
When Peter Cummings and his development partners began working with Whole Foods Market in 2011 to build its first Detroit store, a Whole Foods executive projected it would generate perhaps $12 million to $15 million a year.
Those projections were more than a little off. Since opening in 2013, Midtown Detroit’s Whole Foods has been generating $30 million annually, Cummings said.
Open ArticleSummer 2018
Orangetheory Fitness to open in new apartment development in New Center
September 12th, 2018
Orangetheory Fitness will open a new location in Detroit-based The Platform LLC’s new apartment development being built at West Grand Boulevard and Third Avenue.
The new location by owner and franchisee Scott Marcus, which would be the 17th in Michigan, is expected to open this winter in development called The Boulevard, which is slated to bring 231 apartments to the market along with 21,000 square feet of commercial space, the developer announced Wednesday during a real estate session of the Detroit Homecoming event.
Open ArticleCivil rights struggle comes to life with Fisher Building art exhibit
September 12th, 2018
If you haven’t been to the Fisher Building lately, the installation of “Olayami Dabls: Absorb, Reflect, Transmit” gives you a great reason to revisit the storied Art Deco skyscraper.
Nineteen paper cut-out “paintings” by artist Dabls documenting key moments in the civil rights movement from 1955-1965 have been scanned and blown up huge, completely filling the illuminated glass vitrines that line the ground floor of the Fisher arcade.
Open ArticlePortal looks to help fill Pistons headquarters construction jobs with Detroit residents
September 12th, 2018
Portal looks to help fill Pistons headquarters construction jobs with Detroit residents
Open Article3 houses for sale advance blight-fighting effort in northwest Detroit
September 8th, 2018
A complicated project to renovate more than 100 vacant homes in Detroit’s Fitzgerald neighborhood took a step forward this week as the first handful of houses went up for sale.
Open ArticleFirst three houses in Fitzgerald redevelopment hit the market
September 5th, 2018
One of the larger developments in Detroit outside of the central business district is the redevelopment of a whole neighborhood. The Fitzgerald redevelopment aims to take a neighborhood that had many blighted houses and lots, and renovate homes (for sale and for rent) while adding more green space to the neighborhood. It’s a huge endeavor, and one that’s being led by Century Partners and the Platform on a team called FitzForward.
Open ArticleFisher building to get new tenant: United Way for Southeastern Michigan
August 17th, 2018
Facing rising costs of downtown Detroit office space, United Way for Southeastern Michigan announced it is moving its corporate office from the First National Building in downtown Detroit to the historic Fisher building in New Center.
Open ArticleNew luxury condominium development setting the bar higher in Detroit
June 28th, 2018
“Dream Big in Detroit” — That seems to be the mantra these days as new businesses and housing opportunities make their way to the city. Lisa Nederlander is featured in this edition of “Love This House” on Fox 2 News, giving anchor Monica Gayle an inside look at CASS & YORK, an exciting new luxury condominium development for the city dweller who is ready to take it up a notch.
Open ArticleDetroit home project targets Fitzgerald neighborhood
June 27th, 2018
A two-story house on Lilac Street was once filled with debris from the basement up.It’s now been gutted and is undergoing a complete renovation as part of a $4 million project the city announced last year in an effort to makeover a portion of one Detroit neighborhood.
Open ArticleDeveloper aims to overhaul entire neighborhood on Detroit’s northwest side
June 27th, 2018
Detroit’s Fitzgerald neighborhood sits in the far northwest corner of the city. On Wednesday, developers announced they were buying more than 300 parcels in the neighborhood. They said they aren’t wiping everything out to start over.
Open Article