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  #5841  
Old Posted Nov 14, 2019, 1:15 AM
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^I've seen some of those before. They're huge. I can't imagine the time and effort put into them.

These are the first detailed renderings of Brush 8 we've seen:

New-build luxury townhomes in Brush Park hit the market

Quote:
Understandably, most of the development news in Brush Park centers around the $100-million, 24-building City Modern. But there’s plenty of other noteworthy projects taking place as well.

That includes Brush 8, a $4.7-million luxury townhome development led by City Growth Partners. And the soon-to-be-constructed units at 3119 Brush Street just hit the market.

Most are around 1,900 square feet, and all come with two bedrooms and two and a half bathrooms. Two have already pre-sold, including the largest, which will be 2,137 square feet and went for $769,000. Pricing for the rest starts at $604,000.

All the townhomes have similar floor plans: an attached garage and studio on the first floor; living room, dining room, and kitchen on the second; bedrooms and bathrooms on the third; and a “penthouse” floor that comes with a private rooftop terrace. They’ll all have two bedrooms and two and a half bathrooms.
Quote:
Construction is expected to begin in February 2020 and finish by the end of the year.








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  #5842  
Old Posted Nov 14, 2019, 5:29 PM
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^^ I like the building but I would have preferred it not be facing Brush. With the new City Modern buildings having a lot of 1st floor retail and a few existing commercial buildings, I would have liked to see Brush become a street with a lot of shops and restaurants
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  #5843  
Old Posted Nov 14, 2019, 10:59 PM
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I think this is the first I've heard of this development. If this happens it would be a turning point for that section of the riverfront. This is exactly what should be built along the river.

Bankruptcy creditor seeks 2 more years to acquire properties for east Detroit riverfront development

Quote:
A key creditor at the center of Detroit's historic 2013-14 municipal bankruptcy is asking for two more years to acquire an east Detroit riverfront property it received development rights to in the case.

Pike Pointe Holdings LLC, a subsidiary of Syncora Guarantee Inc., currently has until Dec. 10 to exercise an option to acquire properties at 2290 E. Jefferson Ave., 2310 E. Jefferson Ave. and 301 Chene St. totaling 2.11 acres; it is asking for an extension until Dec. 10, 2021, to exercise its option on the property, according to a bankruptcy court filing filed late Wednesday.

Pike Pointe is also asking that the bankruptcy court require the city to nix an agreement that allows the operator of the Aretha Franklin Ampitheatre to use those properties for parking because it believes it "limits the value" of the properties.

The creditor subsidiary says that development activity around the property has decreased and that its planned development — which would also include an additional 6.79 acres with the parcels at 2200 Franklin St., 2263 E. Atwater St. and 281 Chene St. — is complex, which under an agreement with the city, it says, merits the extension.

It also says that upon receiving title to the property, it would have 15 months to begin construction or the city could take the properties back. At this point, the subsidiary says, that 15-month time frame is unrealistic.

The motion says that Pike Pointe envisions a development with a 3,500-car automated parking system, 300 apartments, 100 furnished condominiums, a 256-room hotel, 60,000 to 100,000 square feet of office space and 60,000 square feet of retail space.




Parker Durand has/is about to start construction. The article doesn't make it clear which one is accurate.

Affordable housing project aims to bring economic jolt to Detroit neighborhood

Quote:
A new mixed-use project in Detroit's Islandview/Greater Villages district on the east side typifies a push to create more affordable housing in the city's neighborhoods.

Developers were starting work this month on the $23-million Parker Durand project, a four-story structure named for the two streets near the heavily traveled Kercheval and Van Dyke streets.

With 92 apartments on the upper three stories and retail on the ground floor, the Parker Durand aims to deliver a jolt of economic development to a neighborhood that spans Indian Village mansions, trendy shops and a large amount of vacant lots and run-down buildings.


Façade of Ford’s Michigan Central Station in Corktown to be Restored Using Limestone from Original Indiana Quarry

Quote:
Limestone blocks being used to replace the deteriorating stone façade of Ford Motor Co.’s Michigan Central Station in Detroit’s Corktown neighborhood will be sourced from the same Indiana quarry that provided the limestone during the station’s original construction.

The second phase of the station’s transformation is underway. The announcement was made today.

The phase focuses on cleaning, repairing, and replacing eight acres of masonry on the exterior of the building. Scaffolding wraps around the west half of the 15-story tower. Cranes and workers will soon disassemble stone from around the waiting room entrance, which faces north toward Michigan Avenue. This will allow craftsmen to fix the limestone façade and recreate missing and deteriorated ornate pieces.

The station opened in 1913, and using limestone from the same quarry is part of Ford’s efforts to retain the station’s historical integrity. Some of the early blocks of limestone are still in a field a few feet away from where they were first mined more than 100 years ago.

The Dark Hollow Quarry where the unique patterned limestone is found was closed in 1988. Its pattern fell out of favor with building projects in the 1920s. The remaining blocks are now in a forest of 30-year-old trees. Local trades will construct a new haul road to access the stones and remove trees to access the material.


DetroitYes user masterblaster attended the city hall meeting last night where the future of the United Artists Theatre was discussed and posted this summary:

Quote:
They didn't get to the theater demolition until 4 1/2 hours into the meeting. A representative of either the architect or developer spoke in favor of the demo. He said HUD wouldn't provide funding unless the theater portion was demo'ed. He also said the purpose of the demo was NOT to add more parking spaces.

He also said the theater was beyond repair, that it would actually cost less to build a brand new UA theater, and he made a good point in that the EXTERIOR portion of the theater is not attractive (remember portions of the theater were built behind the old Tuller Hotel and was not meant to be seen, so that portion was not made aesthetically pleasing).

Only 2 people came out to speak against the demo: the president of Preservation Wayne and activist Francis Grunow.

The question at hand was: will the demolition of the theater portion of the building negatively impact the surrounding designated historic districts in that part of downtown - The commission agreed that it would negatively impact that area.
HUD publicly stated it does not and never suggested it requires the demolition of the theater. If Ilitch/Moten don't get their demo permit, I'd be willing to bet they'll backtrack on the renovation and continue to let the building sit.
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  #5844  
Old Posted Nov 17, 2019, 1:08 AM
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$100M Midtown West development breaks ground on site of Wigle Recreation Center

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A development that’s been long in the making has finally broke ground.

At a ceremony featuring Mayor Mike Duggan, developers, city officials, construction began on the $100 million, five-story Midtown West that will sit at the seven-acre site of the former Wigle Recreation Center just south of Selden Street between the Lodge Freeway and Third Avenue.

The first development in this phase, Fourth & Selden, will consist of 26 for-sale condos, 4,200 square feet of retail, and other amenities like a gym and yoga room. The project architect is VolumeOne Design Studio with additional support from McIntosh Poris.

Construction is expected to take 18 month with occupancy scheduled for spring 2021. Units will be listed through Matt O’Laughlin of Alexander Real Estate and Jimmy Saros of Saros Real Estate.

The second, larger development—which has a planned spring 2020 groundbreaking—will bring 177 apartments with a minimum 10 percent designated as affordable. There will also be a one-acre park, 5,000 square feet of retail space, and on-site amenities like a landscaped roof deck and gym.



Source

^The design is very...uninspiring. I'm really looking forward to this area of Midtown to begin filling up, though, and having the street grid restored in the former Wigle site will be great. There's a lot of other projects planned for this part of Midtown and a few underway currently, too, like the Eco Homes just north of this site.

Detroit Prep Academy Completes $6.9M Building Renovation

Quote:
Detroit Prep Academy today opened its new campus at a formerly vacant school building at 8411 Sylvester St. in Pingree Park in Detroit that was the beneficiary of a $6.9-million renovation.

The 43,500-square-foot, three-story building features 21 classrooms, a kitchen, a cafeteria, and a gathering/performance space. The property also will have room to build a playground and outdoor learning space to support Detroit Prep’s project-based learning curriculum. Twenty-eight construction jobs for the project and 35 full-time positions in the school were created.

Detroit Prep moves into the renovated school after spending its first two years operating out of the basement of a nearby church, outperforming other schools in the area

Located in the former home of Anna M. Joyce Elementary School, Detroit Prep is the first diverse-by-design public charter school in Detroit, which intentionally seeks out children and staff of diverse backgrounds for the benefit of all. The school offers an equitable and diverse education to give all students a foundation of academic excellence and character development.


Infused Yoga Studio Santo Santo to Open in Detroit

Quote:
Santo Santo, a new yoga studio that combines traditional practices with a variety of healing methods, is expected to open in Detroit’s Indian Village on Nov. 25.
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  #5845  
Old Posted Nov 19, 2019, 12:28 AM
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Apparel printing company MyLocker completes $14M expansion of Corktown facility

Quote:
Online custom clothing seller and manufacturer MyLocker has just completed a $14 million build-out of its production and office facilities in Detroit. Previously spread across three Corktown properties, the company has consolidated, expanded, and updated its building at 1300 Rosa Parks Boulevard.

Based in Detroit since 2013, MyLocker prints custom clothing—including t-shirts, hats, hoodies, leggings, and more—at a variety of scales. MyLocker says that the expansion will go hand-in-hand with hiring, and plans to triple its workforce to 1,200 by 2022. It also reports that 75 percent of its employees live in Detroit and more than two-thirds are women.


NYC chef comes home to open Oak and Reel in Detroit

Quote:
Chef Jared Gadbaw is a Michigan native who has spent nearly the past two decades cooking at nationally lauded restaurants in New York City. Now, he's readying his own venture in Detroit: Oak and Reel.

The Italian, seafood-forward restaurant with house-made pasta and a wood-burning hearth is expected to open this spring in the Milwaukee Junction neighborhood, but local diners can get a taste next month at pop-up kitchen Revolver in Hamtramck.
^This is planned for Rebuild Group's new headquarters on East Grand next to Chroma


Source

Work on $22.5M Parker Durand Development Begins on Detroit’s Eastside

Quote:
Construction on Parker Durand, a $22.5-million, four-story, 92-unit mixed use development at the northeast corner of Kercheval and Van Dyke in the Islandview/Greater Villages neighborhood in Detroit, commenced today.

The development is backed by the Roxbury Group, Invest Detroit, Capital Impact Partners, Michigan Economic Development Corp. (MEDC), and the City of Detroit’s Strategic Neighborhood Fund (SNF). Once complete, residents will be offered market-rate and rent-restricted units — at varying levels of affordability — and four retail spaces.

“As Detroit continues its turnaround, it is essential to keep serving those who have been here and stayed in Detroit,” says Donald Rencher, director of the city’s Housing and Revitalization Department. “This department and administration are committed to inclusive development that ensures all Detroiters are included and benefit from projects like Parker Durand.”

The development will include 83 one-bedroom units and nine two-bedroom units, which will range in size from 740 to 1,240 square feet – half of which will be affordable. 20 percent of the units will be affordable at 50 percent of the area median income (AMI) and 30 percent at 80 percent AMI. The four retail spaces on the first floor will be prioritized for locally owned businesses that provide those goods and services that neighborhood residents identified as a need during the city of Detroit’s community planning process.
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  #5846  
Old Posted Nov 22, 2019, 1:48 AM
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Capital One Café planned for downtown Detroit in $10 million overhaul of long-vacant 511 Woodward building

Quote:
The state's first Capital One Café, a glassy new façade and pedestrian-friendly patio are in the works for the long vacant 511 Woodward building in downtown Detroit.

The Elia Group, based in Birmingham, added another Detroit property to its portfolio after closing Wednesday on the $4.65 million purchase of the 30,000-square-foot building from Wayne County.

Construction will begin immediately to overhaul the exterior and white box the inside, said Zaid Elia, founder and CEO of The Elia Group. All told, including purchase price, investment in the building is expected to top $10 million.

"This property sits in the heart of the city and has been vacant well over 20 years," Elia said. "We bring properties in phenomenal locations that have been sitting derelict and bring them back to life, and make sure they are functional but mean something to the community where it sits."
Quote:
Virginia-based Capital One Financial Corp. will establish its first branch presence in Detroit with its Capital One Café, which will take up 7,000 square feet on two floors, according to a news release. It will include a Peet's Coffee shop, along with community work space.

The bank café will offer traditional banking services, ATMs and complimentary financial education programs. Around 25 new jobs would be created there after the company's anticipated build-out of more than $1 million.

Crain's left an inquiry with the bank's communications representative for more details.

The bank café is expected to open when building renovations are complete in September, Elia said.

Detroit-based Walbridge Aldinger Co. is the general contractor and Detroit-based Yamasaki Inc. is the architect.



Source

Long line for opening of first Detroit H&M, some nab $500 coupons

Quote:
Hundreds of people stood in line Thursday morning along Woodward Avenue in Detroit for the grand opening of the city's first H&M retail store, the latest addition to downtown's resurgent retail landscape.

The line outside H&M, 1505 Woodward Ave., started forming at about 5:30 a.m. and stretched the full length of the block by the time the store opened at noon.

Many of the early arrivals said they came for a chance at the biggest H&M discount coupons. The retailer announced that it would hand out coupons ranging from $10 to $500 to the first 500 shoppers in line.

"We've been out here since 5:30," said Michael Crombez, 21 of Sterling Heights, who stood at the very front of the line with a friend. He later became one of at least two people to snag a $500 coupon.

"Got to get that deal, man," Crombez said, explaining his predawn arrival.

The 25,000-square-foot H&M spreads across three storefronts and two floors, and brings a major expansion of affordable, midlevel shopping options to downtown. The storefronts were previously empty.




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  #5847  
Old Posted Nov 22, 2019, 5:27 PM
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Rumor has it that the base of the tower crane at the Hudson site has been installed. Here is a great link to daily time lapse updates of the site https://www.youtube.com/channel/UC-h...vGOLiIOs1ZawzA
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  #5848  
Old Posted Nov 22, 2019, 5:49 PM
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Quote:
Originally Posted by Detroit View Post
Rumor has it that the base of the tower crane at the Hudson site has been installed. Here is a great link to daily time lapse updates of the site https://www.youtube.com/channel/UC-h...vGOLiIOs1ZawzA
Can confirm. There’s some pictures in this thread over on Dyes.

https://www.detroityes.com/mb/showth...-s-site/page58
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  #5849  
Old Posted Nov 23, 2019, 2:34 AM
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Originally Posted by DetroitSportsFan View Post
Can confirm. There’s some pictures in this thread over on Dyes.

https://www.detroityes.com/mb/showth...-s-site/page58
Will the access ramp need to be moved to the “tower” side?
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  #5850  
Old Posted Nov 23, 2019, 2:35 AM
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^Definitely a huge step forward. Here's one of the photos from the link:



Hopefully this is a sign that construction will start speeding up soon.

Three Businesses Open on Detroit’s Livernois Avenue of Fashion

Quote:
Three businesses opened Wednesday on the Livernois Avenue of Fashion in northwest Detroit: Skin Bar VII, Good Times on the Ave., and Krispy Addicts. Each of the businesses are minority owned.


Early childhood education focus at Marygrove center's groundbreaking

Quote:
Detroit – Education and philanthropic partners broke ground Friday on a $15 million early childhood education center on the Marygrove College campus.

Officials from the Marygrove Conservancy, the Kresge Foundation and the W.K. Kellogg Foundation, as well as Detroit families, used big and little shovels to celebrate the groundbreaking for the new 28,000-square-foot childcare center, which is expected to open in the fall of 2021.

The center is part of the Marygrove Conservancy’s "cradle-to-career" vision for the 53-acre campus, which will lose Marygrove College when it closes at the end of the year.

Plans call for the center to have natural light, interior courtyards and a natural playscape designed around existing oak trees. The center will include 12 classrooms, a library and health therapy rooms.




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  #5851  
Old Posted Nov 23, 2019, 4:50 AM
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Originally Posted by seabee1526 View Post
Will the access ramp need to be moved to the “tower” side?
I don't think they need a ramp at all once drilling is done and tower cranes are in place.
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  #5852  
Old Posted Nov 27, 2019, 3:52 AM
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Global advertising company WPP to move 1,000 employees into Marquette Building

Quote:
The world’s largest advertising company, London-based WPP, announced that it will move up to 1,000 employees into the vacant Marquette Building at 243 W. Congress Street.

The international advertising and public relations firm works with and near Ford in Dearborn, where it has an office of 850 employees at Corporate Crossings at Fairlane. In addition to moving those employees, WPP will add another 182 to the downtown Detroit building, where will lease 150,000 square feet across nine floors.

The Marquette Building was bought by Detroit-based Sterling Group for $10 million last year. A nearly $20 million renovation is expected to be done by the end of 2020. WPP-owned BDG Architecture + Design will design the interior office space.


California Cannabis Company Viola Launches First Retail Store in Detroit

Quote:
California-based cannabis retailer Viola, founded by former NBA player Al Harrington, today opened the Viola Provision Center at 4473 W. Jefferson Ave. in Detroit.

The 48,000-square-foot facility, which also will feature cultivation and packaging capability in the first quarter of 2020, is the brand’s first retail location.

“This is a very special time for Viola,” says Harrington, who played for seven teams over 16 NBA seasons. “We have been developing our brand for over 10 years, producing ultra-premium products rooted in purpose and social equity. The launch of our first flagship store in Detroit is a testament to the growth and overall expansion of Viola.”


Finally, after almost two years, a restaurant has returned to the top of the RenCen:

Highlands Arrives at the RenCen With Stellar Views of the Detroit Waterfront

Quote:
Even the biggest restaurant openings in Detroit still manage to run into hiccups from time to time that delay the opening. Such was the case with Highlands last week — a trifecta of restaurants and bars from the McClain Camarota Hospitality group perched at the top of the GM Renaissance Center. With plans initially to open last Thursday to the public, the restaurant group hit the breaks ever so slightly to allow for some test runs and the final touches to be put on the space. All of that hard work will be on display with the opening tonight on the 71st floor.








The Free Press put out an article yesterday that has no new info at all but it does have two photos of the tower crane base at the Hudson's Site:



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  #5853  
Old Posted Nov 27, 2019, 11:59 AM
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That WPP move is pretty significant, that’s a large chunk of employees. Going to make that corner of downtown quite a bit busier.
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  #5854  
Old Posted Dec 4, 2019, 1:26 AM
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The News released some photos today of the Wayne County Criminal Justice Complex:







City seeks development proposals for site of former Hope Hospital in Virginia Park

Quote:
The city of Detroit’s Housing and Revitalization Department (HRD) has issued a request for proposals (RFP) to develop a vacant 0.75-acre site in the Virginia Park Historic District.

The parcel on the southwest corner of Virginia Park Street and Third Avenue is blocks away from New Center, the Henry Ford Health System campus, the Lodge freeway, and dozens of historic homes in the dense residential neighborhood.

HRD says it will consider a range of development ideas. A residential component, however, is required and 20 percent of those units must be affordable to households earning up to 80 percent of the area median income (around $45,000). Multiple housing types, as well as a mixed-use development, will be considered.

A 0.2-acre vacant parcel across the street could also be included in the proposal.


Progress continues at transformative City Modern development


Carriage homes


Townhouses on Alfred


Rendering of 12 townhouses on Edmund, formerly planned to be "duplettes"

Buddy’s Pizza to Open Its First Downtown Detroit Restaurant, Located South of Comerica Park

Quote:
Farmington Hills-based Buddy’s Pizza will open its first downtown Detroit location on Wednesday, Dec. 11, on the first floor of the Madison Building at 1565 Broadway St. The location is a block east of Woodward Avenue and just south of Park Avenue (near Comerica Park).

The original space served as the lobby, along with office space, for the Madison Theatre, built in 1917. Designed by noted architect C. Howard Crane, the 1,806-seat theater was demolished in the early 2000s and replaced by a surface parking lot. Bedrock, a real estate company that is part of the Quicken Loans Family of Companies, redeveloped the Madison office building into a mixed-use space.


Plum Health settles into new Corktown offices, plans for growth

Quote:
Plum Health, the direct primary care practice founded in 2016 by Dr. Paul Thomas, has left its Southwest Detroit beginnings for one of the most high-profile developments in the city: The Corner mixed-use development located at the site of the old Tiger Stadium.

The move to the 1,700-square-foot space results from a significant increase in the amount of patients Thomas serves, from 8 in November 2016 to more than 550 active patients today.

Thomas hired Dr. Raquel Orlich this summer and, with the move, a third physician will be hired, meaning that Plum Health will eventually be able to serve more than 1,500 patients from their new Corktown offices.
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  #5855  
Old Posted Dec 4, 2019, 1:37 AM
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Drove by the Thompson hotel site on Woodward today. No progress so far.
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  #5856  
Old Posted Dec 5, 2019, 11:41 PM
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231-unit The Boulevard opens in New Center

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A 231-unit mixed-use building, The Boulevard, has officially opened in New Center on the site of a former surface parking lot.

Built by the Platform at a cost of $60 million, it’s being hailed as the first major residential development in the neighborhood in a generation. Its 356,000 square feet is spread across six stories, plus 330 underground parking spaces.

“It took longer to build than we thought it would and it cost more, and that’s the bad news,” Peter Cummings, CEO of The Platform, said at a grand opening event. “The good news is we have a great finished product.”

Construction on the building, formerly called Third & Grand, was originally expected to finish by the end of 2018.

The apartments at the Third Avenue and West Grand Boulevard building are a mix of studios, one-, and two-bedroom units with a variety of floor plans for each type. They range in size from 534 to 1,185 square feet. Some come with an extra den, many have balcony access, and all have walk-in closets, kitchens with granite countertops, and in-unit laundry.

^Now we need something built up to the lot lines where that McDonald's is





Ilitches plan $25M renovation of historic Detroit building — with big tenant coming

Quote:
The Ilitch organization announced Thursday that it plans a $25-million renovation of downtown Detroit's long-vacant Women's City Club and has secured a major tenant to fill much of the historic building.

Switzerland-based IWG, an office space company, will lease the upper floors of the large six-story building, 2110 Park Ave., as its flexible office and co-working space brand, called Spaces.

The building's future street-level retail space is separate and not part of the lease deal.




Lowell on DetroitYes posted some update photos on the Eco Homes in Midtown today:











And JonWylie on DetroitYes posted an update of Brush Park Village North on December 2nd:







I have a few update photos to post that I'll hopefully get to tonight, too.
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  #5857  
Old Posted Dec 6, 2019, 12:16 AM
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Alright, this is going to be a really small update. I haven't had much time to shoot photos lately. These are all from November 24th:

Downtown


Demo of Michigan Mutual Liability Annex for TCF Tower is well underway. Check out how the floors hit the front facade. The windows aren't lined up with the floors at all, in fact some of the floors come in at the middle of a window. So strange.


City Club Apartments CBD Detroit, Park and Bagley




Park Avenue facade


Ground floor work at Book Tower. Most construction being done now seems to be interior work. They have been returning the first floor back to its original appearance, though, removing the mid century storefronts.


Downtown's Holiday Inn Express is being renovated into a Hotel Indigo


Demolition continues at Joe Louis Arena


A tower crane has been erected for the Buhl Building reno


6 Salon is now open at 1441 Woodward


Poppin Top Hat Popcorn has opened at 1376 Broadway in the Merchants Building. Looks good.


The strange intersection of Gratiot, Randolph, Broadway and Clinton Street that was mostly closed off to traffic when Spirit Plaza was announced, has had a permanent plaza built over the lanes on the east side of Randolph between Gratiot and Monroe. This was definitely needed. Hopefully they eventually add some greenery or a statue or something. I know it just looks like a curb in this photo. I plan on getting better photos eventually. Random history lesson: in the 20th century this intersection was called Peninsular Square and Pingree Square at different times.


Tin Roof is finally under construction in the former Cheli's space.

New Center


Redesigned streets are reopened around Brigitte Harris Cancer Pavilion. This looks east on W. Milwaukee with the Brigitte Harris garage on the left. I like the protected bike lane.

[IMG][/IMG]
The skybridge connecting Brigitte Harris and the main Henry Ford buildings is under construction


6538 Woodward

Eastside


St. Charles Terraces, Islandview


The Colonial, E. Lafayette and Parker


The Clay Center, Mack and Elmwood
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  #5858  
Old Posted Dec 6, 2019, 3:01 AM
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Great update.
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  #5859  
Old Posted Dec 6, 2019, 7:56 PM
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Definitely solid update I'm liking the protected bike lane too. I was over in Rosedale Park the other day and they have similar protected lanes being constructed on Grand River as part of the streetscape improvements, I was trying to take a pic but traffic was a nightmare with all the construction.
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  #5860  
Old Posted Dec 9, 2019, 10:23 PM
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This is unfortunate, but I'm glad they're keeping the Meijer portion of the project:

Long-delayed Meijer development in Detroit to move ahead without apartments

Quote:
A mixed-use Meijer grocery store development that was expected to open on East Jefferson Avenue this year is being reconfigured. Crain’s Detroit Business reports that developers plan to go forward on the long-delayed project with just the grocery store component.

When it was first announced in 2017, plans for the $60 million development included 213 apartment units, a 43,000-square foot “small-scale” Meijer, and over 300 parking spaces (both above and underground). Now, the apartments are no longer part of the project due to rising construction costs that don’t meet average rental prices.

“We saw pricing go up 30-plus percent and unfortunately the numbers didn’t pencil with that increase,” Dennis Archer Jr., one of the project’s developers, told Crain’s.

No work has been done on the 2.5-acre site at 1475 E. Jefferson Avenue. Archer added that construction should begin spring 2020 and be completed in June 2021.


Ilitches score big tenant in new Detroit building: Boston Consulting

Quote:
Boston Consulting Group plans to close its Troy office and relocate to Detroit in a new building that is now under construction next to Little Caesars Arena.

The global consulting firm will be one of three tenants in the five-story, $70-million building, 2715 Woodward, joining the Detroit Medical Center and law firm Warner Norcross and Judd.

The plans were announced Monday by the Ilitch organization, which is developing the building. Construction began in the spring and is expected to finish in early 2021.

Boston Consulting plans to vacate its Troy office at 201 West Big Beaver in the first quarter of 2021, and move all 100 employees to Detroit.

“Moving into Detroit connects us with our clients on a whole new level,” Michelle Andersen, managing director of the firm's Detroit office, said in a statement. “Our staff is thrilled to be part of the energy in Detroit, and ready for the expanded opportunities to find new sources of value creation for our clients and new chances for expanding the knowledge base of our team.”
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