Metro Detroit

DISTRICT DETROIT UPDATE

June 29, 2017
NHE

District Detroit Update: As the opening of Little Caesars Arena nears, Olympia Development announced 5 projects last month that will be part of the surrounding 50-block area to be known as District Detroit; one additional project just south of the district was announced as well. Of the 6 buildings, 4 are to be renovated and 2 to are to be built, totaling 686 apartments and an undisclosed amount of retail space.  Here is a brief breakdown of each building…

ONE ELEVEN WEST

Located at 111 Henry St., this new 8-story building will feature 80 residences with 1 & 2 bedroom options; projected to start late 2017.

ARENA LOFTS

Located at 120 Henry St., this new 5-story building will feature 145 residences, with a mix of studios, 1, & 2 bedroom options; projected to start late 2017.

150 BAGLEY

The 18-story former United Artists Theater, built in the 1920’s, will be renovated into 148 residences and will include a ground-floor restaurant and coffee shop; projected to start by the end of 2017.

THE EDDYSTONE

Located at 110 Sproat St., the existing 13-story structure will be converted into 90 residences, with a mix of studios, 1, & 2 bedroom options; projected to start in 2018.

THE AMERICAN

Located next to the Masonic Temple (you know, the building Jack White bought), the 11-story former American Hotel – and before that, the Fort Wayne Hotel – is set to be converted into 163-residences with studio, 1, & 2 bedroom options; projected to start in 2018.

THE ALHAMBRA

Built in 1890’s, and located across the street from the Masonic Temple, the 6-story former Alhambra Apartments will be re-born as 46 residences, with a mix of – you guessed it – studio, 1, & 2 bedroom apartments; projected to start in 2018.

For more info on The District Detroit, click here.  If you’re in the market for a new home now, connect with us!  Lou Bitove & Jeff Bortnick, owners of The New Home Experts®, have more than 30 years combined experience in real estate, much of that with local and national builders.  They also provide market research for area builders, developers and national firms.  If you’re considering a new home, remember: the builders rep represents the builder, not you.  Work with the only local agents in Metro Detroit to specialize in new homes, and save money in the process – ask us how!

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