Nonprofit pushes the envelope of market-rate development

Nonprofit pushes the envelope of market-rate development

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 to build or renovate 70 homes in North End and Grandmont-Rosedale neighborhoods

Develop Detroit to build or renovate 70 homes in North End and Grandmont-Rosedale neighborhoods

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 […]

Midtown’s Sugar Hill District to Gain $32 Million Housing Development with Affordable Housing

Midtown’s Sugar Hill District to Gain $32 Million Housing Development with Affordable Housing

Straight off of his widely lauded speech at the Mackinac Policy Conference in which he highlighted the need for affordable housing, Mayor Mike Duggan, Midtown Detroit representatives and local architects came together to announced a new housing project in the city with 25 percent affordable units. On Friday, Mayor Duggan announced the developers and design […]