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 […]
Develop Detroit will build or rehab or build 70 new homes in the North End and Grandmont-Rosedale neighborhoods. It is the first project of this type for the nonprofit real estate developer and is the first scaled, for-sale, new construction in the North End in decades. Homes built in Grandmont-Rosedale will be in partnership with […]
The City of Detroit’s Strategic Neighborhood Fund (SNF) will soon bring more investment into seven city neighborhoods and add additional affordable housing. The fund will raise $130 million (SNF 2.0) for investment in seven neighborhoods – Grand River Northwest, Warrendale/Cody-Rouge, Russell Woods/Nardin Park, Campau/Banglatown, Gratiot/7-Mile, East Warren/Cadieux, and Jefferson Chalmers. It has already successfully invested […]
Lee Plaza and Woodland Apartments, two of Detroit’s architectural gems, will get a second lease on life and offer housing assistance for low-income earners if developers step up for the project. The City of Detroit and the Detroit Building Authority are seeking proposals to redevelop the two historic apartment buildings. The two projects will include […]
Detroit Economic Development Growth Corporation (DEGC) just announced that it is resuming its search for a new president and CEO. Why? Arthur Jemison, who currently serves as director of housing and revitalization for the City of Detroit, regretfully informed the DEGC board that he will be unable to accept its offer, according to a DEGC […]
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 […]
Once the story that got ignored, Detroit’s neighborhoods are now at the center of the conversation. With a flood of new investment, stable — and in some cases rising — housing values, and the general election around the corner, there’s plenty to talk about. In the midst of it all is a new crop of […]
More Detroiters are sharing the city’s wealth. A devoted core of civic leaders, residents and community-minded professional developers are bringing investment to areas in need of the same nurturing other parts of the city – namely downtown and Midtown – have received. Plans are underway to stabilize core neighborhoods that are already densely populated and […]
Some might call it a match made in heaven: City of Detroit and the Archdiocese of Detroit are working together to create affordable housing in the Banglatown neighborhood. The City of Detroit has a plan and is asking with the AOD for bids to transform the vacant Transfiguration School in Banglatown into a one-of-a-kind mixed-income […]
An old concept is getting new attention among various developers in Detroit and nationally. Mixed income housing is regaining interest as communities work to pick up the pieces left behind after the past decade’s mortgage crisis and as members of the corporate and private sector search for fertile ground in struggling urban cities. With Detroit […]