Detroiters facing personal challenges that impact their housing needs have a new stake in their community. Central City Integrated Health (CCIH) today announced the grand opening of a renovated, historic building with 26 one-bedroom units welcoming residents who’ve faced homelessness, mental illness and other issues. The Saint Rita Apartments is a $7.2 million investment resulting […]
The Newberry Homes revitalization project in the Southwest Detroit’s Chadsey-Condon neighborhood just got a $2.5 million leg up. The gift is from Judith Yaker, widow real estate developer Sam Yaker, will establish the Sam L. and Judith Yaker Fund. It will help more people become homeowners and revitalize an eight block area of the neighborhood. […]
When TheHUB spoke to Housing and Revitalization Director Arthur Jemison last fall he was optimistic, but cautious, about emerging new home constructions that don’t depend on public subsidy. One new project recently reported by Develop Detroit suggests that we may be moving in the direction of greater progress. The Marwood Apartment Building was acquired by […]
by Steve Palackdharry Elfido and Kim Castillo are a young couple with deep roots in southwest Detroit. “We’ve lived here our whole lives, and this is where we want to stay,” Elfido says. “We believe the area is getting better, and we want to be part of helping it improve.” Elfido grew up in the […]
Dan Gilbert has spent well over $3 billion on buildings in the Motor City the past several years, with bigger plans ahead. That from Matt Cullen principal of Gilbert’s Rock Ventures who appeared with Carol Cain, senior producer and host of CBS Channel 62’s “Michigan Matters,” who talked about the game plan. Matt Cullen, principal […]
It seems perfect given the name. The Stone Soap building is getting a good cleaning and is being redeveloped into a new mixed-use structure that will renovate existing structures, include new construction and add three to six additional stories on top of the building. “The riverfront belongs to everybody, and the redevelopment of the Stone […]
With its groundbreaking today, the $7 million North End affordable neighborhood housing development announced by Central City Integrated Health (CCIH), along with Mayor Duggan, other City of Detroit officials and community members, signals that the city is one step closer to its goal of becoming a “city for everyone.” The now-vacant Saint Rita Apartments, […]
Value. It’s a major factor in determining where we live and a part of what will continue to drive residential growth in Detroit We’ve got that and then some, according to a survey by ApartmentList.com, which reports that Detroit is one of America’s more affordable cities, ranking 18 out of 75 major cities studied. When […]
Detroiters looking to stay rooted in market-driven Midtown just found 236 affordable options. The City of Detroit has announced that income-eligible tenants of the 18-story, 236-unit Cathedral Tower apartments can remain in their homes, due to a joint venture between MRK Partners and local developer Fortus Partners, who plan to preserve the building as affordable for […]
The uptick in Detroit’s downtown and neighborhood property values is good news to many, but not for all. With rental rates rising and less property available in prime locations, it’s becoming increasingly difficult for millenials, seniors and low-income families to afford to live in the desirable neighborhoods they would like to call home. The cost […]