DETROIT | The Mid | 292 & 365? FT | 25 & 27 FLOORS
 

Luxury condo, retail, hotel development planned for Detroit's Midtown
By Ken Haddad, clickondetroit.com, 3/21/2019

A $310 million mixed-use development is planned for Detroit's Midtown in 2020.

The Mid, which will be located at 3750 Woodward Ave, is a nearly 3.8-acre development that will include a luxury boutique hotel, luxury condominiums, co-living housing, multi-family housing, retail space, parking and interwoven public spaces for community, resident, and visitor engagement.

https://www.clickondetroit.com/news/...troits-midtown

https://bobcat.grahamdigital.com/ima....0_640_360.jpg
https://bobcat.grahamdigital.com/ima...0_1280_720.jpg

Well, this would sure be nifty!

Was wondering when someone was going to make a thread for this. Really hope this one gets built. Would be huge for midtown along with the West Elm hotel. Also there’s a 12 story building that’s a part of this development as well

I love what's happening in this town. Keep it up Detroit!

A very large 12 story building also anchors the site.

Here’s an article about the project from Aaron Mondry, Curbed Detroit, 3/21/19

$310 million, two skyscraper development coming to Midtown
Project would be the largest development north of Mack Avenue since the 1920s
https://detroit.curbed.com/2019/3/21...idtown-detroit

From that article: "The 25-story building will be the 228-room Thompson Hotel, with luxury condos making up the top nine floors. Assuming brownfield financing is secured, it’s slated to be completed in December 2020."

That seems incredibly aspirational, but hey I'm hoping for it to happen that quick

Meeting scheduled for 4/11. Hopefully good information will come out of it.

Great project. The sea of parking lots around are kind of a bummer. But they'll eventually get filled in.

Official heights relative to other Detroit towers:

https://www.crainsdetroit.com/voices...velopment-play


More renders:

https://i.imgur.com/8JwKDhX.jpg

https://i.imgur.com/CEscEV4.jpg

https://i.imgur.com/87UbFtK.jpg

https://i.imgur.com/JR7iTim.jpg

Site plan:

https://i.imgur.com/GkeFRYv.jpg

https://i.imgur.com/ONff9Mb.jpg

Via Kirk Pinho on Twitter

Aaron Mondry, April 17th 2019 Curbed Detroit

More details emerge on The Mid at first community benefits meeting
Developers met with residents to discuss the biggest project north of Mack Avenue since the 1920s

.....Matthews also updated the timeline. The developers hope to have the first phase of the project—both the underground parking and condominium/hotel—completed by the end of 2021. They’re are also seeking $20 million over 10 years in tax abatements.


https://detroit.curbed.com/2019/4/17...unity-benefits

I've been kind of confused now seeing the site plans about the co-living building. Is it really two seperated structures, one stretching across the back of the site and one stretching along the northern back part of the site? I wish we could see in "between" the two, if that is what we're seeing in the site plans.

And is this the "back" (John R) side of the development, where we're looking generally west?

https://i.imgur.com/CEscEV4.jpg

Because the site plan doesn't seem to show the co-living building in this location stretching along the entire back-end like this rendering does. The site plan, in fact, shows gaps between all of the back-of-lot buildings.

^Yes and yes. The site plan is basically showing that the podiums are pretty much cut up to allow pedestrian access through the site.

The bottom left of the rendering you posted is where you'd be able to walk into the central plaza from John R which would be the right side of this rendering here.

https://i.imgur.com/JR7iTim.jpg

Wait, so we're facing north-northwest from the plaza in the rendering you're highlighting and in mine we're facing west-southwest from John R? It's just weird the site plan seems to be showing no physical connections between the back-of-lot buildings.

They make it look like the co-living building that stretches north-south actually goes a bit behind the apartment tower almost to the southern lot line in the rendering. But in the site plan it cuts off well short of the south lot line.

I guess we'll get better site plans when they actually have that part of the site all nailed down. In any case, if the site plan is the correct showing that's four seperate buildings, when I'd only been thinking of it as two (the co-living space being built flush/connected to the apartment tower).

The site plan only shows the ground level(s). Any floors above the ground level aren't shown. The co-living building does go behind the apartment tower and looks to be connected. If the site plan showed the towers, they wouldn't line up with the ground floors, like so (approximately); blue is the apartment tower and red is the co-living tower.


https://i.imgur.com/HH0SQY4.png

https://www.grbj.com/articles/93157-...detroit-market

Interesting article that provides some information on the development.

Duh! Thanks for this. lol

I see they are saying them labeling this "co-living" is because it will also be marketed towards visiting doctors and researchers and such, which totally makes sense. I didn't even think about DMC employees. I'm actually surprised that the co-living isn't part of the initial phase giving how quickly it'd likely rent. In fact, I'm surprised they are going with the hotel/condos first given how hard it's been to sell condos. Though I gues they could always turn them into apartments as they continue to develop their business plan. I kind of expected the apartment tower to be built first.

Hotels seem to be the hot commodity right now and easier to get financing for. I've read that, at least on a national level, the multi-family housing is cooling off a little bit after a big increase in supply from last year.

On a local level, that still means it's a bit harder for developers to secure financing (sans subsidies) for any big apartment buildings.

Condos are doable, but only in small numbers. So like 10 or 15 condos on top of a hotel is probably okay.

It's weird. For Detroit, the residential market seems to be in this grey area of a lot of smaller projects getting through but big projects just barely getting started if at all. Like new apartments in Lafayette Park are taking off but it's been years since any thing has been reported on the Soap Stone Building or the Meijer project on Jefferson. :shrug:

The Mid' hotel, condo space secures $58M in tax reimbursements

Breana Noble , The Detroit News, 7/22/2019
The governing body of the Michigan Economic Development Corp. on Tuesday approved the addition of The Mid development on Woodward to a previously approved brownfield incentives packages. The amended work plan increases reimbursements to the city of Detroit from $8 million to more than $58 million through the tax capture of eligible activities over 30 years that began in 2015. The reimbursements ultimately will go to the project's developers.
https://www.detroitnews.com/story/bu...it/1799391001/

Construction starts in september according to this article from curbed today:

https://detroit.curbed.com/2019/7/26...truction-begin